4365 Lexington RdAthens, GA 30605

Property Details for 4365 Lexington Rd

Year built

2017

Construction

STEEL FRAME

Lot size

1.33 AC

Property size (Sq ft)

2,574 SF

Zone code

C-G(PD)

Property type

Retail properties

Property subtype

Drive through restaurants

APN

23-4- -016-E

APU

234016E

Description

This exceptional 2,927 square foot freestanding building presents a rare opportunity for a quick-service restaurant or fast-food establishment. Located in Clarke County, Georgia, on Highway 78, this property boasts a highly desirable location with exceptional visibility and accessibility. Built in 2017, the building is zoned C-G (PD) and sits on a 1.328-acre lot. The property features a convenient drive-thru, a significant advantage for maximizing customer convenience and sales. Its strategic placement directly across from a Walmart Supercenter, which receives approximately 1.6 million visits annually, ensures high traffic volume and significant exposure to potential customers. The cross-access design and multiple points of ingress/egress further enhance accessibility and convenience. The property's position on the right-hand side of the road, along a stretch of Highway 78 with 24,600 vehicles passing daily, guarantees optimal visibility for drivers traveling to Athens and the University of Georgia. The entire building is currently vacant, offering a blank canvas for a new tenant to customize and establish their brand. The parcel number is 234 016E. This is a turnkey opportunity for a business seeking a prime location with high traffic counts and excellent visibility.

• CAP approach

  CAP return

  Valuation

  6%

  $664,035

  6.5%

  $612,956

  7%

  $569,173

• Comparable approach

  Method

  Valuation

  Relative Method

  $748,217

  Geo Method

  $748,217

• Alternative Use

  Use

  Valuation

  Residential

  $517,051

  Hospitality

  $473,616

  Educational

  $394,043

  Medical

  $407,595

  Retail

  $612,956

Location Insight

City

Athens

County

Clarke

State

Georgia

Latitude

33.9331

Longitude

-83.3111

CBSA code

12020

CBSA name

ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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