1440 Chase StAthens, GA 30607

Property Details for 1440 Chase St

Year built

1999

Construction

FRAME

Lot size

1.94 AC

Property size (Sq ft)

17,856 SF

Zone code

I

Property type

Healthcare properties

Property subtype

Medical offices

APN

11-4- -020-A

APU

114020A

Description

This exceptional two-story medical/traditional office building in Athens, Georgia, offers 14,929 square feet of space, with 12,826 square feet currently available for lease. Situated on a 1.94-acre lot at 1440 N Chase St, zip code 30607, this property boasts a convenient Athens location. Built in 1999, the building features ample parking with 24 spaces. The property is categorized as a multi-tenant building, ideal for various medical or traditional office uses. The available space totals 12,826 square feet, presenting a significant opportunity for businesses seeking substantial office space in a thriving Athens submarket. The building's two stories provide flexibility in layout and design, catering to diverse operational needs. This property offers a blend of functionality and location, making it an attractive investment for businesses seeking a prominent presence in the Athens area. The 1.94-acre lot provides ample space for expansion or future development. The property's multi-tenant nature allows for a diverse range of tenants, creating a vibrant and dynamic work environment. This is a rare opportunity to secure a substantial amount of office space in a desirable Athens location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,133,642

  6.5%

  $2,892,593

  7%

  $2,685,979

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,061,803

  Geo Method

  $2,061,803

• Alternative Use

  Use

  Valuation

  Residential

  $3,586,815

  Hospitality

  $3,285,504

  Educational

  $2,733,500

  Medical

  $2,827,510

  Retail

  $4,252,112

Location Insight

City

Athens

County

Clarke

State

Georgia

Latitude

33.9759

Longitude

-83.3929

CBSA code

12020

CBSA name

ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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