This exceptional Class A office space, totaling 4,613 square feet, is situated on the seventh floor of the prestigious West Washington Building in downtown Athens, Georgia. Located at 125 W Washington St, 30601, this penthouse suite offers breathtaking skyline views. The space boasts nine individual offices, a dedicated conference room, an open shared workspace, a social gathering area, and a break room with a bar. Building amenities include a rooftop courtyard with complimentary Wi-Fi and convenient on-site parking. The building itself is a seven-story, 28,023 square foot structure built in 2011, featuring elevators and situated in the heart of the Central Business District. Its prime location places it steps away from a vibrant mix of retail shops, restaurants, hotels, entertainment options, and the University of Georgia. The property sits on 0.72 acres of land and is zoned CD (its APN is 171A5 A001G). This is a single-suite building with multiple tenancy options. The suite is immediately available. This is a truly unique opportunity to secure a highly desirable and well-appointed office space in a thriving urban environment.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$5,349,444
6.5%
$4,937,949
7%
$4,585,238
Comparable approach
Method
Valuation
Relative Method
$3,518,538
Geo Method
$3,518,538
Alternative Use
Use
Valuation
Residential
$6,123,056
Hospitality
$5,608,687
Educational
$4,666,362
Medical
$4,826,845
Retail
$7,258,785
Location Insight
City
Athens
County
Clarke
State
Georgia
Latitude
33.9589
Longitude
-83.3775
CBSA code
12020
CBSA name
ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA
Clarke County. This includes 2 parcels at 530 & 550 Olympic Dr
Zoned E-I which includes many Industrial and Commercial uses. Partially developed with water and sewer on the property. The main road frontage includes a level parcel almost an acre of use. The 7 acres can be accessed by the cul-de-sac
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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