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.
Property Type :
Land
County :
Clarke
Style :
Land
Sell a home like this and save $59,501 Find Out How
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2024 Georgia MLS. All rights reserved.
ByOwner last updated this listing 04/28/2024 @ 07:53
MLS: 10266477
SOURCE: Georgia MLS
Buyer Agency Compensation: 5%
Buyer Agency Description: If buyer's broker is not present at initial showing, buyer's broker commission will be reduced to 2%.
