515 Olympic DrAthens, GA 30601

  • Land
  • 16.64 AC
For Sale
$1,000,000 View listing

Property Details for 515 Olympic Dr

Lot size
16.64 AC
Zone code
E-O
Property type
Land
Property subtype
Other industrial land
APN
16-4- -024-H
APU
164024H

Description

Prime 16.64-acre industrial land parcel in Athens, GA, is available for $1,000,000. This fully engineered site is zoned E-I & I and is ready for immediate development. Detailed plans for a 213,585 square foot self-storage facility are available, including architectural and construction drawings, along with Phase I environmental, geotechnical, survey, and topographic reports. The property boasts convenient access to the newly constructed interchange on Athens Loop 10, providing easy access to downtown Athens and the University of Georgia. Situated within Athens Industrial Park, this location offers proximity to numerous large employers. The site features relatively flat topography, although a portion is partially wooded and has undergone some clearing and rough grading. All utilities are readily available. The property's APN is 164024H and is located at 515 Olympic Drive, Athens, GA 30601. This exceptional opportunity presents a compelling investment prospect for developers seeking a shovel-ready project in a thriving location. Trail Creek borders the northeast property line.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $145,601,472
    Hospitality
    $133,370,168
    Educational
    $110,962,416
    Medical
    $114,778,584
    Retail
    $172,608,208
515 Olympic Dr, Athens, Georgia

Location Insight

City
Athens
County
Clarke
State
Georgia
Latitude
33.9671
Longitude
-83.35
CBSA code
12020
CBSA name
ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,904
$252,928
-
$252,928
-
$632,320
-
$632,320

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