2900 Lexington RdAthens, GA 30605

  • Office properties
  • 3,635 SF
For Lease
$15/SF/YR View listing

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
Property subtype
Other 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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $637,925
    6.5%
    $588,854
    7%
    $546,793
  • Comparable approach

    Method
    Valuation
    Relative Method
    $419,379
    Geo Method
    $419,379
  • Alternative Use

    Use
    Valuation
    Residential
    $730,179
    Hospitality
    $668,840
    Educational
    $556,467
    Medical
    $575,605
    Retail
    $865,615
2900 Lexington Rd, Athens, Georgia

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

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
$6,033
$120,000
$73,043
$193,043
-
$300,000
$182,607
$482,607

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