3320 Old Jefferson RdAthens, GA 30607

Property Details for 3320 Old Jefferson Rd

Year built

2004

Construction

STEEL FRAME

Lot size

0.30 AC

Property size (Sq ft)

18,158 SF

Zone code

E-I

Property type

Healthcare properties

Property subtype

Medical offices

APN

11-1-D1 A-002

APU

111D1A002

Description

This exceptional Class A medical office building, constructed in 2009, offers two available suites within the prestigious Athens Medical Specialty Park. Located at 3320 Old Jefferson Rd, Athens, GA 30607, near U.S. Hwy. 129, this two-story building totals 14,182 square feet and features one LULA elevator. Suite A, a 7,518+ square foot space on the main level, is fully built-out with a waiting room, reception area, multiple exam rooms, nurse's stations, private offices, a large multi-purpose room, and four restrooms. It's ideal for clinical use. Suite C, a 3,927+ square foot space on the second floor, is also fully built-out as office/administrative space, including an open multi-purpose room, break room, and restrooms. Second-floor use is limited to administrative or ancillary functions per condo covenants and cannot be used for patient treatment. The building is part of a larger complex connected to the University Cancer and Blood Center's Comprehensive Cancer Center and is only 2.1 miles from Piedmont Athens Regional Hospital. The property also includes a separately leased 2,185 square foot suite on the main level, offering potential for owner-occupancy with existing income. An adjacent lot is available for sale or build-to-suit. Building usage must be medical in nature. Minimum divisible space is 7,518 square feet

• CAP approach

  CAP return

  Valuation

  6%

  $3,186,642

  6.5%

  $2,941,516

  7%

  $2,731,407

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,097,324

  Geo Method

  $2,097,324

• Alternative Use

  Use

  Valuation

  Residential

  $3,647,479

  Hospitality

  $3,341,072

  Educational

  $2,779,732

  Medical

  $2,875,332

  Retail

  $4,324,028

Location Insight

City

Athens

County

Clarke

State

Georgia

Latitude

33.9847

Longitude

-83.4168

CBSA code

12020

CBSA name

ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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