515 Olympic Dr Athens, GA 30601
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
E-O · Athens, GAAthens. Always verify with local authorities before improvements.
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.