685 Athena DrAthens, GA 30601

Property Details for 685 Athena Dr

Year built

2020

Lot size

21.29 AC

Property size (Sq ft)

104,200 SF

Zone code

E-I

Property type

Office properties

Property subtype

Other office properties

APN

22-3- -021-C

APU

223021C

Description

This exceptional 8.67-acre commercial/industrial lot in Athens, Georgia, is ideally situated within the Athena Drive Industrial Park, offering immediate development potential. The property boasts E-I (Employment-Industrial) zoning and is designated a Tier 2 community, qualifying for attractive tax incentives. Already graded and pad-ready for a 100,000 square foot building, this site features robust infrastructure including an 880,000 GPD water demand capacity, a 2,000 GPM available fire flow, and an 880,000 GPD sanitary sewer demand. A 6-inch natural gas main with 300 psi pressure is in place, with upgrade potential. A detention area is already installed. The location benefits from proximity to essential services, including a Class 1 fire station just half a mile away. Its strategic location offers easy access to major transportation arteries, being only 4 miles from downtown Athens, 25 miles from I-85, 35 miles from I-20, 60 miles from Atlanta, and 45 miles from the NEGA Inland Port. This prime location and comprehensive infrastructure make this a truly exceptional opportunity for immediate development. The asking price is $1,485,000. The property is located at 685 Athena Dr, Athens, GA 30601.

• CAP approach

  CAP return

  Valuation

  6%

  $18,286,600

  6.5%

  $16,879,938

  7%

  $15,674,228

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,025,731

  Geo Method

  $12,025,731

• Alternative Use

  Use

  Valuation

  Residential

  $20,931,124

  Hospitality

  $19,172,796

  Educational

  $15,951,542

  Medical

  $16,500,140

  Retail

  $24,813,510

Location Insight

City

Athens

County

Clarke

State

Georgia

Latitude

33.9746

Longitude

-83.3215

CBSA code

12020

CBSA name

ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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