456 Athens StJefferson, GA 30549

  • Office properties
  • 10,032 SF
For Sale
$750,000 View listing

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
456 Athens St, Jefferson, Georgia

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

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
$7,497
$75,680
$188,640
$264,320
-
$189,200
$471,600
$660,800

FAQs

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