1 year on rocket

1934 Lexington Rd, Athens, GA, 30605

$2,200,000

7.78 Acres
Land

Location

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Property Highlights

Home TypeBusiness
MLS #1008442
Lot Size7.78 Acres
StatusActive

About 1934 Lexington Rd

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 $5,175 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. 7.78-Acre Corner Commercial Parcel, 2. Great Visibility With Traffic Count of 28,900 ADT, 3. Approximately 750' Frontage on Lexington Rd, 4. Zoned C- G With All Utilities Available, 5. Open Parcel With Relatively Level Topo

Property Details

Property Features

Listing Office:

  • Office Name: NAI Elrod Group
  • Office Phone: (706) 553-1000
  • Listing Agent: Daniel Bennett

Lot Features

Lot Information:

  • Lot: Level, Easement
  • Lot Size: 7.78 Acres

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000

Tax Information:

  • Annual Amount: $16,170
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Athens, GA.

Med. Sold Price

$350K

Med. Price/SqFt

$199

Avg. Days On Market

51

# of Sold Homes

120

1934 Lexington Rd vs Athens

486 DAYS ON ROCKET

+435 Days

$2,200,000

+$1.8M More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price in Athens, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CLMLS
  • MLS Number: #1008442

Listing Office:

  • Office Name: NAI Elrod Group
  • Office Phone: (706) 553-1000
  • Listing Agent: Daniel Bennett

Broker ReciprocityThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
Copyright© 2024 Classic MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 19, 2019Home Sold
$980,000

Tax History

YEARPROP. TAXASSESSMENT
2020$16,170$479,834
2018$17,523$592,469
2017$17,523$592,469

History based on county public records data.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-186949
2
/10
  • Gaines Elementary School

  • 900 Gaines School Rd

  • 1.11 miles

  • Public District Grades PK-5

school-card-donut-186950
3
/10
  • Howard B. Stroud Elementary School

  • 715 Fourth St

  • 2.16 miles

  • Public District Grades PK-5

school-card-donut-186951
5
/10
  • Barrow Elementary School

  • 100 Pinecrest Dr

  • 2.18 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,348. Residents of Athens, GA typically earn less than $35k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Athens, GA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Athens, GA?

Athens offers a diverse array of housing options, with single-family homes being a significant part of the market. The architectural styles in Athens range from historic antebellum to contemporary, reflecting the city's rich history and modern growth. While the majority of homes are owner-occupied, there is also a substantial portion of the population that rents, providing a balanced housing market for both potential homeowners and renters.

Is Athens, GA a good place to live?

Athens is celebrated for its vibrant music scene and the annual AthFest Music and Arts Festival, which showcases local talent and fosters community spirit. The city prides itself on its blend of southern charm and progressive culture, offering residents a unique living experience that combines a rich historical ambiance with a dynamic, creative energy.

Are things conveniently located in Athens, GA?

The community is served by a robust educational system, including a number of public and private schools, as well as higher education institutions known for their research and academic excellence. Healthcare services are comprehensive, with several hospitals and clinics catering to a range of medical needs. Athens also features a variety of retail and dining options, from local boutiques to international cuisine, reflecting the eclectic nature of the city.

What does the transportation in Athens, GA look like?

Athens has a well-developed transport infrastructure, with a network of roads and highways that connect the city to the wider region. Public transportation is available, with bus services providing connectivity across various neighborhoods. The city is also bike-friendly, with dedicated lanes and trails for cyclists, and walkable areas, particularly in the downtown district, encourage pedestrian movement. Ride-sharing services are operational, complementing the existing transport options.

Frequently Asked Questions About 1934 Lexington Rd

What is the listing price of this property?

The listing price of 1934 Lexington Rd property is $2,200,000.

What type of property is this?

The property 1934 Lexington Rd is land located in Athens, Georgia, 30605.

Is this property for sale now?

Active Listing: 1934 Lexington Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $16,170 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 19, 2019 for $980,000. (source: MLS/tax record).

How much acreage is this property?

The property 1934 Lexington Rd is 7.78 acres.
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Rocket HomesGeorgiaClarke CountyAthens306051934 Lexington Rd

This home is located at 1934 Lexington Rd in Athens, GA and zip code 30605. This home sits on a 7.78 acre lot. It has been listed on Rocket Homes since July 23, 2023 and is currently priced at $2,200,000.

In October 2024, from all listings sold in Athens, GA there were more than 14 sold above asking price, over 71 sold below and more than 24 were sold right at the asked price. The number of homes for sale in Athens, GA increased by 1.3% between September 2024 and October 2024. In October 2024, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $350,000.

From Rocket Homes Real Estate and based on county public records data.

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