1140 Dr Martin Luther King Jr, Athens GA 30602

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$1,000,000

1140 Dr Martin Luther King Jr, Athens, GA 30602

bedrooms

bathrooms

square feet

2,500

Acreage

4.62

Open Houses

year built

1965

Full Baths

Half Baths

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Georgia Premier Real Estate Advisors is pleased to offer for sale this +/- 5 acre redevelopment tract ideally located near downtown Athens and the loop for easy access. This tract is zoned RS-8 which allows for a maximum density of 3.8 residential dwellings per acre. There is a pond on site that, according to Athens-Clarke County is NOT a state waters and therefore would not require buffers. The pond could also be drained and filled for increased developable land with proper permitting. The seller has a letter in hand from Athens - Clarke County stating the above. There are two rental homes on the property that are fully leased for a total of $3,400 per month. Use this cash flow to carry the property until ready to redevelop. Leases are in place until November, 2024.

Location
Subdivision	-
County	Clarke
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 10266320

Listing agent: Matthew L. Smith

Listing broker: Georgia Premier Real Estate Advisors (706) 340-4724

Copyright © 2025 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, January 14 2025 at 11:08 p.m. EST

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