2900 Lexington RdAthens, GA 30605

Property Details for 2900 Lexington Rd

Year built

2001

Lot size

1.00 AC

Property size (Sq ft)

3,635 SF

Zone code

C-G

Property type

Office properties

APN

23-3- -011-D

APU

233011D

Description

This exceptional 3,635 square foot creative office space is ideally situated on Lexington Road, just outside Athens, GA's central business district, offering unparalleled convenience and high visibility. Built in 2001, this single-story building sits on one acre of land and is zoned C-G. The property boasts ample parking and drive-thru lanes, making it highly accessible for both employees and clients. Currently configured as a former bank, the interior features a versatile layout including an open waiting area, multiple private offices, a breakroom, a substantial vault, ample storage rooms, and restrooms. The adaptable space presents a unique opportunity for a variety of businesses seeking a prominent location with existing infrastructure. Its proximity to downtown Athens and the University of Georgia campus ensures a strong pool of potential employees and customers. The property's annual taxes are $1.58 per square foot. There are no elevators in this single-story building. The property's Assessed Parcel Number (APN) is 233 011D. This is a single-tenant occupancy property. This prime location and flexible floor plan make this an exceptional opportunity for a discerning business.

• CAP approach

  CAP return

  Valuation

  6%

  $722,982

  6.5%

  $667,368

  7%

  $619,699

• Comparable approach

  Method

  Valuation

  Relative Method

  $419,379

  Geo Method

  $419,379

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,291,680

  Retail / Commercial

  $666,716

  Mixed-Use / Specialty

  $667,766

  Hospitality / Lodging

  $494,380

  Institutional / Educational

  $695,432

  Residential Income

  $813,656

  Multifamily

  $956,859

  Automotive / Energy

  $596,085

  Parking / Income-Based Land

  $202,316

  Restaurant / Food Service

  $354,623

  Healthcare / Senior Housing

  $681,268

Location Insight

City

Athens

County

Clarke

State

Georgia

Latitude

33.9417

Longitude

-83.3297

CBSA code

12020

CBSA name

ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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