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Listed by Zachary Tibbs • Norton Commercial Acreage Grp
Bought with Brady Boswell • Keller Williams Realty
Bought with Brady Boswell • Keller Williams Realty
$ 975,000
$ 1,100,000 11.4%
Est. payment | /mo
2.98 Acres Lot
$ 975,000
$ 1,100,000 11.4%
Est. payment | /mo
2.98 Acres Lot
Key Details
Sold Price $975,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Mars Hill
MLS Listing ID 20076258
Sold Date 12/27/24
Construction Status Fixer
Annual Tax Amount $5,262
Tax Year 2022
Lot Size 2.980 Acres
Property Description
PROPERTY OVERVIEW Norton Commercial is proud to present 2 separate commercial outparcels located on Mars Hill Road just off the major interchange of Hwy 316 and Hwy 78 in North-Central Oconee County. Spine Road will be delivered by the seller per the approved site plan. Both lots are now fully padded and developed and seller expects to have nal plat in 1Q24. With housing starts and commercial development in all directions, this is a great opportunity to capitalize on Oconee County's successes. The site offers visibility from Highway 78 and has been approved for site plan specific Mixed-Use development. Seller will retain the back portion of the land for self-storage facility. Lot 1 is currently under contract and is zoned and approved for a 10,000 SF car wash facility on 1.818 Acres. Lot 2 is zoned and approved for a 36,000 SF office/warehouse building on 2.98 Acres with roughly 570 feet of frontage on Mars Hill Road. All utilities, including water, master detention and sanitary sewer, will be delivered and service both sites. Site is roughly 11 miles (17-minute drive) west of Athens, GA and adjacent to a RaceTrac Fueling Station. LOCATION OVERVIEW Located just off Highway 78, this site is ideally situated to capitalize on the rapid commercial growth within Northern Oconee County. Multiple mixed-use developments and residential projects that have been dormant for years are now being revitalized, indicating that there is national attention to this area that will bring more homes and growth to the subject property's market area. In 2022, Oconee County was been named the #1 County to live in in Georgia and #2 county in the entire USA. We will continue to see growth and activity here.
Location
State GA
County Oconee
Zoning B-2 - Highway Business District
Interior
Heating Other
Cooling Other
Exterior
Parking Features Other
Utilities Available Electricity Available, Sewer Available, Phone Available, Water Available
Building
Sewer Public Sewer
Construction Status Fixer
Others
Financing Cash
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