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

    2000 W Broad Street Athens, GA 30606

    View on Map
    For Sale
    Under Contract
    $1,150,000

    SINGLE_FAMILY - Athens, GA

    Type:Retail
    Property size:
    4,174 SF
    Lot size:
    0.34 Acres
    Added:
    Oct 15, 2025
    Days on Market:
    169
    Last Refresh:
    Apr 1 at 2:06 am

    Property Features for 2000 W Broad Street

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Zoning
    C-G
    Appliances
    Electric Water Heater
    Standard status
    Active Under Contract
    APN
    122C2-D-002
    Size
    4,174 SF
    Lot size
    0.34 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxDescription
    TRACT 1,2 & 4 - PB 27/40
    TaxAnnualAmount
    8692

    Utilities

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

    Building Details

    Year built
    1946
    Floors in Building
    1

    We can help!

    Listing Contact
    Ashley Noggle

    Listing agent Ashley Noggle License #380656

    Listing office Woodall Realty Group 1741 Hog Mountain Road, Watkinsville, GA

    Listing date Oct 15, 2025

    MLS# CL339950

    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.

    Overview

    High-Visibility Commercial Property, Athens

    This commercial property is located on a busy thoroughfare in Athens, minutes from downtown. Situated on a corner lot at a traffic light, the property benefits from high visibility, with traffic counts exceeding 30,000 vehicles per day. It features easy access, ample parking, and road frontage. The building, totaling over 4,000 square feet, is divided into two separate spaces. One unit is occupied by a long-term tenant with a recently renewed 5-year lease, providing a stable income stream. The second unit, spanning over 2,200 square feet, is currently vacant. The property is suitable for adding to a commercial rental portfolio or for an owner-occupant business ready for immediate move-in. The lot size is 0.34 acres. The property is zoned C-G.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Beltone Hearing Care ... Hearing Aid Store Reverie Salon Hair Salon Dunham Detox Advice Crisis Center Correct Connect (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Clarke
    State
    Georgia
    Longitude
    -83.404255
    Latitude
    33.95145

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    FAQs

    What type of property is this?
    Retail property - Prime commercial opportunity in a high-traffic Athens corridor.
    Where is this retail property located?
    The property is located at 2000 W Broad Street Athens, GA.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: High‑traffic location with over 30,000 vehicles per day.; **Corner‑lot property at a traffic light for easy access and visibility.**; Over 4,000 sq. ft. building configured into two separate spaces.
    (706) 250-7725
    We can help!
    Listing Contact
    Ashley Noggle
    Real Estate License ID: 380656
    Learn More
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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
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