Medical Office Suite with Exam
700 Sunset Drive Athens, GA 30606
For Sale
$811,000
SINGLE_FAMILY - Athens, GA
Property Size3,800 SF
Price / SF$213.42
Days on Market301
Property Features for 700 Sunset Drive
General Information
Property type
Residential
Property subtype
Office
Bathrooms
3
Rooms
Bathroom 3, Bathroom 1, Bathroom 2
Parking
10
Appliances
Electric Water Heater
Standard status
Active
APN
114C3 C051
Taxes and HOA fees
Tax Description
Bishop Professional
Tax Annual Amount
9770
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Heat Pump (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1993
Floors in Building
1
Building materials
Brick
Listing Agency:
5Market Realty
(706) 850-4636
Listed By:
Christina Hammond · License #242714
(706) 255-4731
Added: Oct 1, 2025
Changed: Jul 17
Last Checked: Jul 28 at 10:06AM
MLS# CL341067
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.
Investment Insights
Based on property information with market context.
Flexible medical office space is offered in Bishop Professional Park, with adjoining layouts available as separate spaces or together. The configuration includes twelve exam rooms and ADA-accessible space for four providers, along with designated reception, office, lab, x-ray, and conference rooms. Medical-grade commercial cabinetry and finishes are in place, and joisted masonry over a crawl space allows for some alteration of the floor plan. An established condo association supports the complex.
The property is located at a quiet address within the professional park, across from Bishop Park, and is described as being within a short distance of both hospitals.
Recent improvements include brand-new crawl space insulation and humidifiers (2024), new gutters (2022), and HVAC improvements (2022). 40+ windows provide light-filled interior exposure to the park-like setting with mature landscaping.
The property is located at a quiet address within the professional park, across from Bishop Park, and is described as being within a short distance of both hospitals.
Recent improvements include brand-new crawl space insulation and humidifiers (2024), new gutters (2022), and HVAC improvements (2022). 40+ windows provide light-filled interior exposure to the park-like setting with mature landscaping.
Key Highlights
- Flexible medical office space in Bishop Professional Park with light‑filled adjoining 3,800 SF or 1,400 SF spaces (sold separately or together)
- Twelve exam rooms plus ADA‑accessible space for four providers, with designated reception, office, lab, x‑ray, and conference rooms
- Brick construction on a crawl space with joisted masonry; some floor‑plan alterations may be possible
Financial Insights For Healthcare Medical
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 | $91.2k | $24.00 |
| − Vacancy | −$9.1k | −$2.40 |
| EGI | $82.1k | $21.60 |
| − OpEx | −$32.8k | −$8.64 |
| NOI | $49.2k | $12.96 |
3,800 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$703.5K
$615.6K – $820.8K
NOI $49,248 @ 7.0% cap · market cap 6.07%
Second Best
Office B
$702.7K
$614.8K – $819.8K
NOI $49,186 @ 7.0% cap · market cap 6.06%
Theoretical Best
Office A
$916.1K
$801.6K – $1.07M
NOI $64,125 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
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- Mobile Veterinary Ultrasound — 265 Willow Run, Athens, GA 30606
Frequently Asked Questions
What type of property is this?
Medical Office Space - Flexible medical office space includes multiple exam rooms and ADA-accessible areas within an established professional park.
Where is this medical office space located?
The property is located at 700 Sunset Drive Athens, GA.
What is the asking price?
The asking price for this property is $811,000.
What are key features of this property?
This property features: Flexible medical office space in Bishop Professional Park with light‑filled adjoining 3,800 SF or 1,400 SF spaces (sold separately or together); Twelve exam rooms plus ADA‑accessible space for four providers, with designated reception, office, lab, x‑ray, and conference rooms; Brick construction on a crawl space with joisted masonry; some floor‑plan alterations may be possible
