Property profile

7988 Jefferson Rd Athens, GA 30607

OFF-MARKET
Land
5.97 ac lot
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Property summary

AI-generated overview

This exceptional 5.97-acre commercial land parcel presents a remarkable investment opportunity in a rapidly developing area of Athens, Georgia. Located on heavily traveled Athens Highway/US 129, the property boasts over 400 feet of road frontage, ensuring high visibility and accessibility. Its strategic position is further enhanced by its proximity to key amenities and future developments. The site is situated just one mile north of the upcoming Redstone Market Complex and a quarter-mile south of the planned South Jackson Recreational Park. This burgeoning area already features a mix of established businesses, including convenience stores, gas stations, auto repair shops, a church, a preschool, and an elementary school, alongside a growing residential community. The property's zoning is designated as Commercial, allowing for a wide range of development possibilities. A completed soil test is available for review, streamlining the development process. The asking price is $450,000, translating to approximately $83,752 per acre. This property is ideally suited for 1031 exchange transactions. Don't miss this chance to capitalize on the significant growth potential of this prime commercial location. The property is conveniently located 8 miles south of Jefferson and 10 miles north of Athens, offering easy access to both communities.

Property profile

Verified
Property type Land
Lot 5.97 ac (260,053 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7988 Jefferson Rd Athens, GA 30607
Athens metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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