1500 Oglethorpe AveAthens, GA 30606

Property Details for 1500 Oglethorpe Ave

Year built

1999

Construction

STEEL FRAME

Lot size

0.12 AC

Property size (Sq ft)

5,187 SF

Zone code

C-O

Property type

Healthcare properties

Property subtype

Medical offices

APN

11-3- -027-B

APU

113027B

Description

This exceptional 2,100-square-foot medical office suite is available for lease within the prestigious Resource Medical Office Park. The suite, number 3500, has undergone a complete renovation, boasting a modern and inviting design. The turnkey space features five exam rooms, two doctors' offices, a spacious waiting room, separate check-in and check-out areas, a reception area, two bathrooms (including a staff bathroom), a lab, and a breakroom. The efficient floor plan maximizes functionality and creates a welcoming environment for patients and staff. Eight designated parking spaces are included with the suite, adding to the convenience. The entire Resource Medical Office Park benefits from a recently resealed, substantial parking area. This property is situated alongside established medical tenants such as Piedmont and Saint Mary's, providing excellent visibility and access to a strong patient base. The lease rate is $22.00 per square foot, plus NNN charges. This is a rare opportunity to secure a high-quality, move-in ready medical office space in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $910,294

  6.5%

  $840,271

  7%

  $780,252

• Comparable approach

  Method

  Valuation

  Relative Method

  $598,981

  Geo Method

  $598,981

• Alternative Use

  Use

  Valuation

  Residential

  $1,041,936

  Hospitality

  $954,408

  Educational

  $794,056

  Medical

  $821,365

  Retail

  $1,235,198

Location Insight

City

Athens

County

Clarke

State

Georgia

Latitude

33.9631

Longitude

-83.4264

CBSA code

12020

CBSA name

ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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