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Property profile & analytics
FOR SALE
Industrial land

515 Olympic Dr Athens, GA 30601

16.64 ac lot
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US22-1356221
Property summary
AI-generated overview

Prime 16.64-acre industrial land parcel in Athens, GA, is available for $1,000,000. This fully engineered site is zoned E-I & I and is ready for immediate development. Detailed plans for a 213,585 square foot self-storage facility are available, including architectural and construction drawings, along with Phase I environmental, geotechnical, survey, and topographic reports. The property boasts convenient access to the newly constructed interchange on Athens Loop 10, providing easy access to downtown Athens and the University of Georgia. Situated within Athens Industrial Park, this location offers proximity to numerous large employers. The site features relatively flat topography, although a portion is partially wooded and has undergone some clearing and rough grading. All utilities are readily available. The property's APN is 164024H and is located at 515 Olympic Drive, Athens, GA 30601. This exceptional opportunity presents a compelling investment prospect for developers seeking a shovel-ready project in a thriving location. Trail Creek borders the northeast property line.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 16.64 ac (724,838 SF)
Zoning code E-O
APN 16-4- -024-H
UPID US22-1356221
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Wollmoor Properties LLC · 7 yrs held
Wollmoor Properties LLC
since 2019
4 recorded transactions
2019
$515,000
2012
$1.1M
2006
$2.5M
2005
$410,000
Zoning & alternative use
E-O · Athens, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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