1934 Lexington Road

Athens, GA 30605

$2,200,000
Price
338,896 / 7.78
Lot Size / Acres

Description

Fantastic 7.78 development opportunity! These two parcels have 750' of frontage on Lexington Rd and 370' of frontage on Indiana Avenue, offering incredible exposure and accessibility. Whether you're a developer or an investor, this is an excellent opportunity you don't want to miss. With relatively level terrain, excellent visibility, and a traffic count of 28,900 cars, it's an ideal location for a new commercial/mixed-use development. This property is just two miles from downtown Athens and the...Fantastic 7.78 development opportunity! These two parcels have 750' of frontage on Lexington Rd and 370' of frontage on Indiana Avenue, offering incredible exposure and accessibility. Whether you're a developer or an investor, this is an excellent opportunity you don't want to miss. With relatively level terrain, excellent visibility, and a traffic count of 28,900 cars, it's an ideal location for a new commercial/mixed-use development. This property is just two miles from downtown Athens and the University of Georgia and is under half a mile from Highway 78 & Loop 10 interchange. This area continues to grow steadily with several new multi-family developments, including The Haven of Athens and the new 1,000-bedroom Atlas Athens development. In addition, the new Loop Interchange at Lexington Road is scheduled to be completed in 2025. This property is zoned Commercial General, allowing for a wide range of commercial uses, and has all utilities available. Currently, on the property, there is an existing 6,600 SF commercial building, two small residential houses, and an ice machine which provide approximately $5,025 rent per month. This parcel is located at the corner of Lexington Road and Indiana Avenue. Just two miles from downtown Athens and the University of Georgia, this property offers easy access to a vibrant community and a thriving student population. Less than a mile from the Bypass/Loop 10 makes it easy to access from anywhere in the Athens area. You can't beat the combination of location, visibility, and traffic count this site has to offer.
  1. Listed by Brian Elrod • NAI Elrod Group
  2. Listed by Daniel Bennett • NAI Elrod Group

Property Details for 1934 Lexington Road

Subdivision
None

Location

Listing Courtesy of NAI Elrod Group, Brian Elrod; NAI Elrod Group, Daniel Bennett
Add your commute
LISTING UPDATED: 12/01/2023 12:01 PM

Property Details for 1934 Lexington Road

StatusActive
MLS #20136394
Days on Market288
Taxes$17,557 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size7.78 AC
CountyClarke County

Location

Listing Courtesy of NAI Elrod Group, Brian Elrod; NAI Elrod Group, Daniel Bennett
Add your commute

Building Information for 1934 Lexington Road

Lot Size7.78 AC

Payment Calculator

$13,469 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,006

Property Taxes

$1,463

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1934 Lexington Road

Summary
Location and General Information
  • Elementary School: Gaines
  • High School: Cedar Shoals
  • Middle School: Hilsman
  • Amenities: None
  • Directions: From downtown Athens, follow Oconee Street out of town. Oconee Street will turn into Oak Street, which will turn into Lexington Road. After the Bypass, the property will be approximately 1/2 mile on your right at the corner of Indiana Avenue and Lexington Road.
  • Lot Description: Level, Other, Corner Lot
Taxes and HOA
  • Association: No
  • Parcel Number: 174B2 A017
Property
Utilities
  • Water/Sewer: Public Sewer
  • Utilities: High Speed Internet, Sewer Available, Phone Available, Water Available
  • Water Source: Public
Property and Assessments
  • Tax Year: 2022

Schools near 1934 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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1934 Lexington Road is a 7.78 ac of land for sale in Athens, GA 30605. This property was listed for sale on July 22, 2023 by NAI Elrod Group, it's currently listed at $2,200,000. This listing's school district is Clarke County School District. Nearby schools include Gaines Elementary School, Hilsman Middle School and Cedar Shoals High School. 1934 Lexington Road is a 0-bed, 0-bath, 7.78 ac of land on a 338,896 sq. ft. / 7.78 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NAI Elrod Group, Brian Elrod; 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.