High traffic area on access road to Georgia Square Mall
Located in a new Tax Allocation District
All Utilities Available
Description
The property consists of two corner lots which are adjacent to the Georgia Square Mall on Cleveland Rd. The lots are zoned C-O, Commercial-Office. The north lot is 2.52 acres and is priced at $504,000. The south lot is 1.85 acres and is priced at $370,000. They are both wooded and a creek runs along the rear portion of both lots. The lots can be sold separately. All utilities are available. These lots are included in the new Tax Allocation District recently formed by Athens Clarke County.
The property is located on the east side of Cleveland Rd at the corner of Cleveland Rd and Marilyn Farmer Way, roughly .4 miles north of the Atlanta Hwy. The lots are across the street from the new ACC Cooperative Extension and the new Fire Station.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
