Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2850 Commerce Rd Athens, GA 30607

    Sponsored
    For Sale
    $1,250,000

    LAND - Athens, GA

    Property size:
    3,600 SF
    Lot size:
    6.15 Acres
    Days on Market:
    5
    Last Refresh:
    Feb 15 at 5:06 am

    Property Features for 2850 Commerce Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    102B 008
    Size
    3,600 SF
    Lot size
    6.15 Acres

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Erik S Peraza

    Athens Partners Realty LLC (706) 316-2900

    Listing agent Erik S Peraza (706) 316-2900

    Listing date Feb 11, 2026

    MLS# 10688805 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Prime Development Site on Commerce Road

    Located at 2850 Commerce Road in Athens, GA, this 6.15-acre site offers a development opportunity with 502 feet of frontage on US-441/Commerce Road. Situated between Athens and Commerce, the property benefits from high average daily traffic on Commerce Road (US-441) and proximity to Newton Bridge Rd, with projected traffic growth. The site is located within a rapidly expanding retail and residential corridor. Currently zoned Agricultural Residential, the property is positioned for rezoning, with the owner willing to collaborate with a buyer through the rezoning process. Potential uses include convenience retail, restaurants, mixed-use developments, RV parks, subdivisions, or corporate campuses. Existing infrastructure includes three water hookups and a 3,600-square-foot red iron steel building with 25-foot ceilings. The Athens-Clarke County population exceeds 128,600 residents, with the broader Athens metropolitan area exceeding 220,000. The area features a diverse and growing population, anchored by the University of Georgia and a dynamic local economy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Auto Repair Shop Auto Parts Store Department Store Discount Store Electronics & Wireless Store Cafe & Coffee Shop Bakery (Bike/Boat/Book/etc) Store Shopping Center & Mall

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

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Clarke
    State
    Georgia
    Longitude
    -83.395513
    Latitude
    34.021637

    Nearby Similar for Sale

    • $345,000
      Pending

      Athens Multifamily with Basement Apartment

      Multifamily property near UGA with a finished basement apartment.
      325 Segrest Cir, Athens, GA 30605
      View Details
    • Contact for pricing
      0.01 Acres

      Tailgating Land Near UGA Stadium

      Landscaped parking space near Sanford Stadium with tailgating amenities.
      225 Oak St, Athens, GA 30605
      View Details
    • New
      Contact for pricing
      0.01 Acres

      Tailgating Lot Near UGA Stadium

      Deeded parking space for tailgating near Sanford Stadium.
      225 Oak St, Athens, GA 30605
      View Details
    • Contact for pricing
      0.01 Acres

      Tailgating Space Near UGA Stadium

      Deeded parking space for tailgating near Sanford Stadium.
      225 Oak St, Athens, GA 30605
      View Details
    • $375,000
      0.54 Acres

      Athens Duplex Near Sanford Stadium

      Duplex near UGA, potential for long-term rental income.
      192 Sunny Hills Dr, Athens, GA 30601
      View Details
    • New
      $150,000
      2.70 Acres

      Riverfront Duplex Opportunity, Athens, GA

      2.7 acres riverfront property near downtown Athens and UGA.
      545 Vaughn Rd, Athens, GA 30606
      View Details
    • $1,200,000
      7,200 SF

      New Industrial Project in Athens

      7200 sq ft shell building for sale in Athens.
      161 Fritz Mar Ln Unit, Athens, GA 30603
      View Details
    • $650,000
      7,200 SF

      New Industrial Project in Athens

      Industrial project with build-ready pads and shell buildings for sale.
      161 Pad, Athens, GA 30607
      View Details
    • $710,000
      4,000 SF

      New Industrial Project in Athens

      4000 sq ft industrial building for sale in Athens.
      161 Fritz Mar Ln Unit, Athens, GA 30607
      View Details
    • Contact for pricing
      0.01 Acres

      Land Near UGA Stadium

      Landscaped parking space near Sanford Stadium, Athens, GA.
      225 Oak St, Athens, GA 30605
      View Details
    • $1,350,000
      13,278 SF

      Prime Commercial Parcel on Atlanta Highway

      1.5-acre commercial parcel suitable for retail, restaurant, office, medical.
      3180 Atlanta Hwy, Athens, GA 30606
      View Details
    • $1,350,000
      13,278 SF

      Prime Commercial Parcel on Atlanta Highway

      1.5-acre commercial parcel suitable for retail, restaurant, office, and more.
      3180 Atlanta Hwy, Athens, GA 30606
      View Details

    FAQs

    What type of property is this?
    Commercial land - High-visibility 6.15-acre site suitable for retail or mixed-use development.
    Where is this commercial land located?
    The property is located at 2850 Commerce Rd Athens, GA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - High-visibility location with 502 feet of frontage on US-441/Commerce Road.; - Substantial 6.15-acre site in a rapidly expanding retail and residential corridor.; - Strong demographic fundamentals in the Athens market area.
    (706) 316-2900
    Request Owner's contact information
    2850 Commerce Rd Athens, GA 30607
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2850 Commerce Rd
    Athens, GA 30607
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2850 Commerce Rd Athens, GA 30607
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Erik S Peraza
    (706) 316-2900 (706) 319-5586
    Learn more
    Google sign-in failed. Please try again or use another login method.