2500 Broad StAthens, GA 30606

Property Details for 2500 Broad St

Year built

1973

Lot size

3.67 AC

Property size (Sq ft)

11,488 SF

Zone code

C-G

Property type

Office properties

APN

12-1- -010-A

APU

121010A

Description

This exceptional commercial property, located at 2500 West Broad St., Athens, GA 30606, offers 34,464 square feet of versatile space across three, two-story buildings. Built in 1972 and extensively renovated in 2020, this Class B property boasts a prime location in the Beechwood Submarket, enjoying high traffic counts within the Athens loop. The property features 128 parking spaces and is zoned CG, allowing for a wide range of uses including medical offices, traditional offices, creative offices, executive suites, salons, beauty businesses, retail establishments, tattoo shops, and auto brokers. Most suites feature luxury vinyl plank (LVP) flooring, and all have been upgraded to energy-efficient LED lighting. The rental rate includes power and water, as well as janitorial services for common areas and restrooms. There are no CAM fees. This multi-tenant property presents a unique opportunity for investors and businesses seeking a well-maintained, conveniently located space with ample parking and flexible zoning. The property benefits from three-phase power.

• CAP approach

  CAP return

  Valuation

  6%

  $2,016,089

  6.5%

  $1,861,005

  7%

  $1,728,076

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,326,209

  Geo Method

  $1,326,209

• Alternative Use

  Use

  Valuation

  Residential

  $2,307,646

  Hospitality

  $2,113,792

  Educational

  $1,758,650

  Medical

  $1,819,132

  Retail

  $2,735,678

Location Insight

City

Athens

County

Clarke

State

Georgia

Latitude

33.946

Longitude

-83.4204

CBSA code

12020

CBSA name

ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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