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    The Largest CRE Database in the US with Over 1 Million Listings

    1280 Oconee St, Unit 100 Athens, GA 30605

    Sponsored
    For Lease
    $25 SF/Yr ($8,131 /Mo)

    COMMERCIAL - Athens, GA

    Type:Retail
    Property size:
    3,903 SF
    Days on Market:
    7
    Last Refresh:
    Feb 25 at 9:06 pm

    Property Features for 1280 Oconee St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Retail
    Property condition
    Under Construction
    TransactionType
    Standard
    Standard status
    Active
    APN
    163C2 F001
    Parking
    25
    Appliances
    Electric Water Heater, Range
    Size
    3,903 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    2026
    Floors in Building
    1
    Building materials
    Brick

    We can help!

    Listing Contact
    Courtney Lawrence

    CollegeTown Properties LLC (706) 850-7740

    Listing agent Courtney Lawrence (706) 850-7740 License #316253

    Listing date Feb 19, 2026

    MLS# CL349363

    Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    New Commercial Space on Oconee

    This new, energy-efficient commercial space is ideally situated along the Oconee Street corridor, a mixed-use retail and office thoroughfare. With a projected delivery of August 2026, this 2,865 SF property presents an opportunity for retailers, professional services firms, creative-class office users, or amenity-oriented tenants. It features frontage on Oconee Street, a nexus of local commerce, residential growth, and community activity, with access to The University of Georgia and downtown Athens. Onsite parking delivers convenient access for employees, clients, and customers. The space offers modern finishes, open-concept floor plans, and energy-efficient systems designed to support sustainable operations and reduce long-term utility expenses. The interiors are spacious and flexible, suitable for a variety of retail or office configurations. The property is fully parked, which is a significant advantage for clients and customers. The location offers visibility, signage opportunity, and walk-up accessibility. The University of Georgia has experienced continued enrollment increases with fall 2025 enrollment at approximately 43,888 students. The University's expansion has translated into greater demand for housing, services, retail amenities, and professional space throughout Athens. The space is positioned at the intersection of local vitality and institutional strength which is perfect for businesses targeting students, faculty, residents, and employees working nearby. Oconee Street's evolution into a premium corridor enhances visibility, branding, and long-term value for tenants and investors alike.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Clarke
    State
    Georgia
    Longitude
    -83.359396
    Latitude
    33.948085

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    FAQs

    What type of property is this?
    Retail space - New energy-efficient commercial space in a dynamic, mixed-use area.
    Where is this retail space located?
    The property is located at 1280 Oconee St, Unit 100 Athens, GA.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on Oconee Street, a high-visibility, dynamic mixed-use corridor with strong growth.; - Brand-new, energy-efficient commercial space (2,865 SF) with modern finishes and open-concept floor plan.; - Onsite parking, a premium amenity providing convenient access for customers and employees.
    (706) 353-9339
    Request Owner's contact information
    1280 Oconee St, Unit 100 Athens, GA 30605
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    Athens, GA 30605
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1280 Oconee St, Unit 100 Athens, GA 30605
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    We can help!
    Listing Contact
    Courtney Lawrence
    Real Estate License ID: 316253
    (706) 353-9339 (706) 850-7740 (706) 206-1769
    Learn more
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