4365 Lexington Rd Athens, GA 30605
- Drive through restaurants
- 2,574 SF
- 1.33 lot acres
Current Use by Public Records
- Drive through restaurants
Property Details for 4365 Lexington Rd
- Year built
- 2017
- Construction
- STEEL FRAME
- Lot size
- 1.33 lot acres
- Property size
- 2,574 SF
- Zone code
- C-G(PD)
- Property type
- Drive through restaurants
- APN
- 23-4- -016-E
- APU
- 234016E
Description
This exceptional 2,927 square foot freestanding building presents a rare opportunity for a quick-service restaurant or fast-food establishment. Located in Clarke County, Georgia, on Highway 78, this property boasts a highly desirable location with exceptional visibility and accessibility. Built in 2017, the building is zoned C-G (PD) and sits on a 1.328-acre lot. The property features a convenient drive-thru, a significant advantage for maximizing customer convenience and sales. Its strategic placement directly across from a Walmart Supercenter, which receives approximately 1.6 million visits annually, ensures high traffic volume and significant exposure to potential customers. The cross-access design and multiple points of ingress/egress further enhance accessibility and convenience. The property's position on the right-hand side of the road, along a stretch of Highway 78 with 24,600 vehicles passing daily, guarantees optimal visibility for drivers traveling to Athens and the University of Georgia. The entire building is currently vacant, offering a blank canvas for a new tenant to customize and establish their brand. The parcel number is 234 016E. This is a turnkey opportunity for a business seeking a prime location with high traffic counts and excellent visibility.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,310,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,710,000
- 6.5%
- $2,300,000
- 7%
- $2,610,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,295,000
- Geo Method
- $2,280,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,565,000
- Retail
- $2,175,000
- Mixed-Use
- $2,530,000
- Hospitality
- $2,475,000
- Educational
- $2,750,000
- Residential Income
- $2,130,000
- Energy
- $2,435,000
- Income-Based Land
- $2,845,000
- Food Service
- $2,355,000
Location Insight
- Map
- Local Demand
- City
- Athens
- County
- Clarke
- State
- Georgia
- Longitude
- -83.3111
- Latitude
- 33.9331
- CBSA code
- 12020
- CBSA name
- ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA
