Redevelopment Land with Residential
1515 Danielsville Road Athens, GA 30601
COMMERCIAL - Athens, GA
Property size:
1,116 SFLot size:
0.57 AcresPrice / SF:
$188/SF- Added:
- Jan 23, 2026
- Days on Market:
- 168
- Last Refresh:
- Jul 10 at 1:06 pm
Property Features for 1515 Danielsville Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Fencing
- Fenced, Chain Link
- Standard status
- Active
- APN
- 154C4 A021
- Size
- 1,116 SF
- Lot size
- 0.57 Acres
Taxes and HOA fees
- Tax Year
- 24
- Tax Annual Amount
- 1563
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1965
- Building materials
- Frame
- Roof type
- Composition
- Additional Structures
- Workshop
Listing agent Tina Mccullough License #379566 (706) 248-1227
Listing office Virtual Properties Realty.com 2750 Premiere Pkwy, Ste. 200, Duluth, GA (770) 495-5050
Listing date Jan 23, 2026
MLS# 10678532
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
1515 Danielsville Road is a 0.57-acre commercial land parcel in Athens, Georgia, currently improved with an existing 2-bedroom, 1-bath home. The property presents a redevelopment or repositioning path, including options to renovate the home for continued residential use, convert it to professional or service-based office space, or remove it to support a new development concept.
The site is located along an established corridor near downtown Athens, with proximity to the University of Georgia. The listing notes strong road frontage and visibility, creating a practical advantage for uses that benefit from everyday drive-by access.
Zoned C-G, the property is described as allowing a wide range of permitted uses. Permitted uses listed include personal care homes, multi-family dwellings, home occupations, bed and breakfast, short-term rentals, convenience stores, vehicle repair, broadcasting or production studios, churches, daycare facilities, nursing homes, and vehicle repair. Additional uses may be possible with a special use variance, which can broaden planning flexibility for owner-users, investors, or developers evaluating a wide set of potential operating strategies. The existing improvements and zoning breadth together support a range of redevelopment and conversion scenarios.
The site is located along an established corridor near downtown Athens, with proximity to the University of Georgia. The listing notes strong road frontage and visibility, creating a practical advantage for uses that benefit from everyday drive-by access.
Zoned C-G, the property is described as allowing a wide range of permitted uses. Permitted uses listed include personal care homes, multi-family dwellings, home occupations, bed and breakfast, short-term rentals, convenience stores, vehicle repair, broadcasting or production studios, churches, daycare facilities, nursing homes, and vehicle repair. Additional uses may be possible with a special use variance, which can broaden planning flexibility for owner-users, investors, or developers evaluating a wide set of potential operating strategies. The existing improvements and zoning breadth together support a range of redevelopment and conversion scenarios.
Key Highlights
- Year built 1965 frame construction with central heating and central air (electric)
- Existing 2‑bedroom, 1‑bath home on the property
- C‑G zoning with a broad list of permitted uses, including multi‑family dwellings, daycare facilities, convenience stores, and churches
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.1k | $21.60 |
| − Vacancy | −$1.4k | −$1.25 |
| EGI | $22.7k | $20.35 |
| − OpEx | −$10.2k | −$9.16 |
| NOI | $12.5k | $11.19 |
1,116 SF · lease $21.60/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$178.4K
$156.1K – $208.2K
NOI $12,489 @ 7.0% cap · market cap 5.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$269.0K
$235.4K – $313.9K
NOI $18,832 @ 7.0% cap · market cap 8.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Flexible C-G zoned site with strong road frontage and an existing 2-bedroom home for renovation or redevelopment.
Where is this single family property located?
The property is located at 1515 Danielsville Road Athens, GA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Year built 1965 frame construction with central heating and central air (electric); Existing 2‑bedroom, 1‑bath home on the property; C‑G zoning with a broad list of permitted uses, including multi‑family dwellings, daycare facilities, convenience stores, and churches
