500 Dairy Pak RdAthens, GA 30607

  • Office properties
  • 2,700 SF
For Sale

Property Details for 500 Dairy Pak Rd

Year built
1964
Construction
STEEL FRAME
Lot size
3.29 AC
Property size (Sq ft)
2,700 SF
Zone code
I
Property type
Office properties
Property subtype
Other office properties
APN
11-4- -029
APU
114029

Description

This exceptional industrial property, located at 500 Dairy Pak Rd, Athens, GA 30607, offers 42,000 square feet of warehouse space situated on a 3.29-acre lot. The property boasts a coveted Industrial (I) zoning designation from Clarke County, providing significant flexibility for various industrial operations. Key features include two dock-high doors and four oversized (14' x 14') drive-in doors, ensuring efficient loading and unloading. Ceiling heights range from 14 to 18 feet, accommodating diverse storage and operational needs. The warehouse also includes climate control systems and approximately 4,500 square feet of office space, excluding a bonus mezzanine office area. Further enhancing its functionality, the property includes two acres of fenced and paved outdoor storage, providing ample space for materials and equipment. A significant advantage is the presence of a CSX rail spur, offering convenient rail access for transportation. The property's location is highly desirable, less than two miles from downtown Athens and the University of Georgia, providing excellent access to a skilled workforce and a vibrant urban center. The building also benefits from 240V, 200-amp, three-phase power. This rare combination of size, location, and features makes this property an exceptional opportunity for industrial businesses seeking a strategic location in Athens, Georgia.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $473,837
    6.5%
    $437,388
    7%
    $406,146
  • Comparable approach

    Method
    Valuation
    Relative Method
    $311,764
    Geo Method
    $311,764
  • Alternative Use

    Use
    Valuation
    Residential
    $542,361
    Hospitality
    $496,800
    Educational
    $413,332
    Medical
    $427,547
    Retail
    $642,960
500 Dairy Pak Rd, Athens, Georgia

Location Insight

City
Athens
County
Clarke
State
Georgia
Latitude
33.9787
Longitude
-83.3879
CBSA code
12020
CBSA name
ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,758
$65,800
$278,458
$344,258
-
$164,500
$696,144
$860,644

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