1934 Lexington Rd Athens, GA 30605

Property Details for 1934 Lexington Rd

Year built

1969

Lot size

6.48 lot acres

Property size

1,666 SF

Zone code

C-G

Property type

Commercial real estate

APN

17-4-B2 A-017

APU

174B2A017

Description

This exceptional 7.78-acre commercial and industrial land parcel presents a remarkable development opportunity in Athens, Georgia. Located at the corner of Lexington Road and Indiana Avenue, this property boasts 750 feet of frontage on Lexington Road and 370 feet on Indiana Avenue, ensuring exceptional visibility and accessibility. The site benefits from a high daily traffic count of 28,900 vehicles, making it ideal for a variety of commercial or mixed-use developments. The relatively level terrain simplifies construction, and all utilities are readily available. Zoned C-G (Commercial General), the property allows for a wide range of uses. Currently, the site includes a 6,600 square-foot commercial building, two small residential houses, and an ice machine, generating approximately $5,175 in monthly rental income. Its strategic location, just two miles from downtown Athens and the University of Georgia, and less than half a mile from the Highway 78 & Loop 10 interchange, provides unparalleled access to a vibrant community and thriving student population. The upcoming completion of the Loop Interchange at Lexington Road in 2025 further enhances the property's long-term value. This prime location, combined with its high visibility and substantial traffic count, makes this a truly exceptional investment opportunity. The property's APN is 174B2 A017 & 174B2 A018. The asking price is $2,200,000.

Location Insight

City

Athens

County

Clarke

State

Georgia

Longitude

-83.3452

Latitude

33.9444

CBSA code

12020

CBSA name

ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments