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.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Gaines Elementary School
900 Gaines School Rd
Distance between this listing and this school1.11 miles
Public District Grades PK-5
3
/10
Howard B. Stroud Elementary School
715 Fourth St
Distance between this listing and this school2.16 miles
Public District Grades PK-5
5
/10
Barrow Elementary School
100 Pinecrest Dr
Distance between this listing and this school2.18 miles
Public District Grades PK-5
Nearby Schools
4
/10
Hilsman Middle School
870 Gaines School Rd
Distance between this listing and this school1.06 miles
Public District Grades 6-8
5
/10
Clarke Middle School
1235 Baxter St
Distance between this listing and this school3.48 miles
Public District Grades 6-8
2
/10
W. R. Coile Middle School
110 Old Elberton Rd
Distance between this listing and this school4.07 miles
Public District Grades 6-8
Nearby Schools
2
/10
Cedar Shoals High School
1300 Cedar Shoals Dr
Distance between this listing and this school1.66 miles
Public District Grades 9-12
4
/10
Clarke Central High School
350 S Milledge Ave
Distance between this listing and this school2.61 miles
Public District Grades 9-12
5
/10
Foothills Charter High School (Central Office - Athens)
2415 Jefferson Rd Ste B
Distance between this listing and this school4.46 miles
The neighbors living near this home have an average income of $29,348. Residents of Athens, GA typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically 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).
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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 November 2024 more than 22 listings in Athens, GA were sold above the asking price. During the same period more than 20 listings were sold at asking price, while more than 67 were sold below. In November 2024 in Athens, GA there were 2.5% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $350,000, while the average time on the real estate market was 47 days.
From Rocket Homes Real Estate and based on county public records data.