1039 Baxter StAthens, GA 30606

Property Details for 1039 Baxter St

Year built

1965

Lot size

0.88 AC

Property size (Sq ft)

6,424 SF

Zone code

C-G

Property type

Office properties

Property subtype

Other office properties

APN

12-2-D3 A-014

APU

122D3A014

Description

This exceptional Athens, Georgia property at 1039 Baxter Street offers 5,000 square feet of vacant space within a 6,424 square foot building. The single-tenant space is ideally situated seconds from the University of Georgia campus, St. Mary's Hospital, and the vibrant 5 Points area, benefiting from high visibility and traffic exceeding 6500 vehicles daily. Zoned C-G, this property is suitable for a variety of uses including retail, restaurant, traditional office, creative office, or coworking spaces. The building features one story and ample parking with 40+ spaces. This prime lease opportunity presents a chance to establish a business in a dynamic and convenient location. The property's versatility and strategic location make it an attractive option for businesses seeking high visibility and accessibility in a thriving Athens community. The building's total square footage is 6,424 square feet, spread across a single story. This location offers unparalleled convenience and accessibility for both employees and customers. The property's zoning allows for a wide range of commercial uses, providing flexibility for potential tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $1,127,381

  6.5%

  $1,040,660

  7%

  $966,327

• Comparable approach

  Method

  Valuation

  Relative Method

  $741,488

  Geo Method

  $741,488

• Alternative Use

  Use

  Valuation

  Residential

  $1,290,418

  Hospitality

  $1,182,016

  Educational

  $983,423

  Medical

  $1,017,245

  Retail

  $1,529,770

Location Insight

City

Athens

County

Clarke

State

Georgia

Latitude

33.9471

Longitude

-83.3944

CBSA code

12020

CBSA name

ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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