456 Athens StJefferson, GA 30549
- Office properties
- 10,032 SF
Property Details for 456 Athens St
- Year built
- 1988
- Construction
- WOOD
- Lot size
- 1.39 AC
- Property size (Sq ft)
- 10,032 SF
- Zone code
- 2
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- J08 036B
- APU
- J08036B
Description
This exceptional investment opportunity presents a single-story, 10,032-square-foot executive office building located at 456 Athens Street in Jefferson, Georgia. The property, built in 1988, sits on a 1.39-acre lot and boasts a desirable Commercial zoning designation. Currently 100% occupied by Jackson County DFCS under a stabilized lease, this Class B building offers a secure and consistent income stream. The asking price is $750,000, translating to a price per square foot of $74.76. The property features a brick exterior and is strategically situated near other established office and medical facilities in downtown Jefferson. This is a single-tenant building with a total of one building and one story. The property's location and strong tenancy make it an attractive investment for those seeking a stable, government-leased asset. This offering presents a compelling opportunity for investors seeking a well-located, fully occupied commercial property in a thriving Georgia community. The property is available for sale as a single asset.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,760,568
- 6.5%
- $1,625,140
- 7%
- $1,509,058
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,687,858
- Geo Method
- $1,687,858
-
Alternative Use
- Use
- Valuation
- Residential
- $2,015,173
- Hospitality
- $1,845,888
- Educational
- $1,535,757
- Medical
- $1,588,574
- Retail
- $2,388,955
Location Insight
- City
- Jefferson
- County
- Jackson
- State
- Georgia
- Latitude
- 34.1105
- Longitude
- -83.5747
- CBSA code
- 27600
- CBSA name
- JEFFERSON, GA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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