500 Dairy Pak RdAthens, GA 30607
- Office properties
- 2,700 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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