240 Wolfe Ln Athens, GA 30605
This exceptional investment opportunity presents twelve permitted and platted residential lots in a desirable East Athens neighborhood. Located just a short distance from major grocery stores like Kroger and Publix, these lots offer unparalleled convenience. The property enjoys a tranquil setting near the Oconee River, yet remains only six miles from Downtown Athens and the University of Georgia's North Campus. Zoned RS-25, this development provides a rare chance to build in a well-established community with significant growth potential. Ideal for developers seeking to build single-family homes or a multi-unit project, this offering combines the peace of a quiet neighborhood with the advantages of proximity to urban amenities and the university. The asking price for all twelve lots is $550,000, representing a compelling value in this sought-after location. This is a unique opportunity to acquire a substantial land holding in a thriving area of Athens, Georgia. Don't miss this chance to secure your piece of East Athens real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.