Ragan

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Property 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 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.

Features
: Public Sewer
Address Map
GA
Clarke
Athens
None
30605
W84° 39' 17.7''
Lexington
1934
Road
0
N33° 56' 39.9''
Additional Info
Gaines
Cedar Shoals
Hilsman

Land For Sale

1934 Lexington Road, Athens, Georgia 30605

$2,200,000
Listing ID #20136394
Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : 20136394
Price : $2,200,000
Status : Active
Property SubType : Unimproved Land
Agent info
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