500 Dairy Pak RdAthens, GA 30607

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

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.

• 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

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

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