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Lot #1

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University Estates Blvd. - Lot #1

$350,000

Athens, OH    45701

 

Snapshot

Lot Size: 2.24 ac m/l
Level building site
Highly visible
Taxes: $1,528.58/yr (2012)
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Big things are happening at University Estates, Athens Ohio’s most ambitious, premier, large-scale development project!

University Estates encompasses over 800 acres of land—all contained within Athens’ City limits—and is proximate to Ohio University, O’Bleness Memorial Hospital, and is situated for easy access to all major roadways, including SR 682, US Route 50, and US Route 33. Residential development is well underway on various fronts: Phase I boasts many of the largest, most expensive homes in the area, as well as single-floor, affordably-priced condos, plus newer, Phase II homes priced in the low $300s, and most recently, the new, high-end, luxury apartment complex, The Reserve at The Falls.

Anchoring the front entrance of the development, and flanking the main boulevard that leads to the current residential core, are seven (7) prime commercial lots, now offered by The Athens Real Estate Company. Current owners are eager to jump start new projects, from retirement housing, to daycare facilities, to medical offices, to a potential strip mall with bank/pharmacy/convenience store. Code restrictions apply.

Lot #1 offers a highly visible, level building site that is ideally situated at the very front entrance, with access off Armitage Road and University Estates Boulevard. Owners will consider all offers, and creative financing and partnership opportunities abound for investors and developers alike.

Details

  • Lot size: 2.24 Acres
  • Acreage: 2.24 Acres
  • Taxes: $1568.24/yr (2010)
  • County: Athens
  • School District: Athens City

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