This exceptional 2,500 square foot single-tenant office space is ideally situated in West Athens, offering excellent visibility on Athens Town Boulevard with convenient traffic light access. Built in 2004 and renovated in 2017, this Class B property boasts a welcoming reception area featuring a glass-mirrored office window. The layout includes six generously sized private offices, a spacious conference room, a convenient breakroom/kitchen, and two restrooms. Luxury vinyl plank flooring graces the common areas, while individual offices feature carpeting. The building is a single-story structure, eliminating the need for elevators. Power is supplied by Walton EMC. This is a Net, Net, Net (NNN) lease agreement. The property is ready for immediate occupancy. A virtual tour is available online.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$993,502
6.5%
$917,079
7%
$851,574
Comparable approach
Method
Valuation
Relative Method
$600,362
Geo Method
$600,362
Alternative Use
Use
Valuation
Industrial / Distribution
$1,776,730
Mixed-Use / Specialty
$918,523
Hospitality / Lodging
$680,027
Office
$917,975
Institutional / Educational
$956,578
Residential Income
$1,119,200
Multifamily
$1,316,180
Automotive / Energy
$819,924
Parking / Income-Based Land
$278,289
Restaurant / Food Service
$487,789
Healthcare / Senior Housing
$937,095
Location Insight
City
Athens
County
Clarke
State
Georgia
Latitude
33.9405
Longitude
-83.4464
CBSA code
12020
CBSA name
ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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