1608 Lexington Rd

218,671 / 5.02
Lot Size / Acres

Description

Great redevelopment opportunity conveniently located on US Hwy 78/Lexington Road just minutes from downtown Athens and UGA. This site is 5+/- acres right at the intersection of Lexington Road and Winterville Road. The site is zoned Commercial General (C-G) on the front 2 acres and Residential Multifamily (RM-1) the back 3 acres. The current residential density is 24-beds an acre in the C-G zoning and 16-beds an acre in the RM-1 zoning. This gives the site a total density of 96 bedrooms. Additionally,...Great redevelopment opportunity conveniently located on US Hwy 78/Lexington Road just minutes from downtown Athens and UGA. This site is 5+/- acres right at the intersection of Lexington Road and Winterville Road. The site is zoned Commercial General (C-G) on the front 2 acres and Residential Multifamily (RM-1) the back 3 acres. The current residential density is 24-beds an acre in the C-G zoning and 16-beds an acre in the RM-1 zoning. This gives the site a total density of 96 bedrooms. Additionally, the Commercial General zoning allows for retail, office, hotels, restaurants, and more. This site currently has 3 older rental houses on it with some income currently in-place. Highly visible location on one of the busiest corridors in Athens. This property is located on US Hwy 78/Lexington Road just outside the Athens Perimeter at the intersection of Lexington Road and Winterville Road. It is adjacent to the AMC movie theater and just minutes from shopping, restaurants, Downtown Athens, and The University of Georgia.
  1. Listed by Daniel Bennett • Brokerage DRE #76241 • NAI Elrod Group
    P: (706)-340-6066 C: (706)-340-6066 daniel@naielrod.com

Property Details for 1608 Lexington Road

Subdivision Name
No Recorded Subdivision
Zoning
CG/RM-1
LISTING CLOSED: 07/29/2021 12:00 AM

Property Details for 1608 Lexington Road

StatusClosed
MLS #CM975743
Days on Market183
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Commercial
Year Built-
Lot Size5.02 AC
CountyClarke County

Location

Listing Courtesy of NAI Elrod Group, Daniel Bennett

Sold By NAI Elrod Group, Daniel Bennett

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Building Information for 1608 Lexington Road

Lot Size5.02 AC

Payment Calculator

$1,957 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,744

Property Taxes

$213

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1608 Lexington Road

Summary
Location and General Information
  • Country Subdivision: 13059
  • Directions: From Downtown Athens- Follow E Broad Street. Slight right onto Oconee St. Continue onto Oak St. Continue onto Oconee St. Continue onto Lexington Rd and the property will be on your right.
  • Latitude: 34
  • Longitude: -83
  • Topography: Sloping
  • Zoning Description: Commercial
Taxes and HOA
  • Association: No
  • Parcel Number: 174B1 B007
School Information
  • Elementary School: Gaines School Road Elementary
  • High School: Cedar Shoals
  • Middle Or Junior School: Hilsman Middle
Property
Lot Information
  • Lot Size Range: 5-10 Acres
  • Property Sub Type Additional: Commercial
  • Below Grade Finished Area Units: Square Feet
  • Below Grade Unfinished Area Units: Square Feet
  • Lot Size Acres: 5.02
  • Lot Size Area: 5.02
  • Lot Features: Sloped
  • Lot Size Units: Acres
  • Other Structures: Other
Property and Assessments
  • Possession: Close Of Escrow
  • Property Sub Type: Commercial
  • Property Type: Land
  • Permitted Use: Public
Utilities
  • Sewer Provider: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Cooling: None
  • Cooling: No
  • Heating: No
  • Heating: None

Property History for 1608 Lexington Road

DateEvent & SourcePriceAppreciation
Jul 30, 2021

Sold (Public Record)

Public Record #1468721140

$350,000
Jul 29, 2021

Sold

NCRMLS #CM975743

$350,000
Dec 7, 2020

Pending

NCRMLS #CM975743

DateEvent & SourcePrice
07/30/2021

Sold (Public Record)

Public Record #1468721140

$350,000
07/29/2021

Sold

NCRMLS #CM975743

$350,000
12/07/2020

Pending

NCRMLS #CM975743

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1608 Lexington Road

Taxable ValueLand$62,550Additions$19,938Total$82,488
Tax Record2025$2,561 ($213 / month)
Home Facts
Beds0Baths2Total Finished SqFt2,604 SqFtAbove Grade Finished SqFt2,604 SqFtStories1Lot Size60,548 SqFtStyleSingle Family ResidenceYear Built1950Year Renovated1959ZoningC-GCountyCLARKEAPN17-4-B1 B-007

Schools near 1608 Lexington Road

This home is within Clarke County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Gaines Elementary School
PublicPK to 5

Hilsman Middle School
Public6 to 8

Cedar Shoals High School
Public9 to 12

Classic City High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of NAI Elrod Group, Daniel Bennett

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.