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

    770 Gaines School Rd, Unit A Athens, GA 30605

    Sponsored
    For Lease
    $9 SF/Yr

    COMMERCIAL - Athens, GA

    Type:Office
    Property size:
    7,548 SF
    Days on Market:
    5
    Last Refresh:
    Feb 21 at 5:06 am

    Property Features for 770 Gaines School Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    APN
    233 015C
    Parking
    5
    Size
    7,548 SF

    Utilities

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

    Building Details

    Floors in Building
    2
    Building materials
    Brick

    We can help!

    Listing Contact
    Thomas Gay

    Carriage House Realty, Inc. (706) 353-1750

    Listing agent Thomas Gay (706) 353-1750 License #335177

    Listing date Feb 17, 2026

    MLS# CM1024635

    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

    Office Space in East Athens

    This commercial property offers office space in the growing East Athens area. The total rentable space is approximately 7548 square feet, with 3774 square feet on the main level and 3744 square feet on the upper level. There are options available to divide the space. One option is to rent the entire 7548 square foot building. Alternatively, Suite A on the lower level offers 1887 square feet, or Suite B on the lower level also offers 1887 square feet. Another option is to rent either Suite A or B on the lower level, combined with the upper level, for a total of approximately 5631 square feet. Each main level suite has its own private entrance with a reception area, kitchen, bathroom, and 5 separate offices. The upper level features one large open space. In total, the office space includes 2 kitchens, 2 bathrooms, and 10 offices, plus the upper level space. A private parking lot serves the entire building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    TruLoan Mortgage Loan Service MiMutual Mortgage, Athens ... Loan Service Graham Doolittle Loan Service BNL Consulting (Bike/Boat/Book/etc) Store Getting Real Counseling ... Medical Clinic

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Clarke
    State
    Georgia
    Longitude
    -83.33343
    Latitude
    33.931947

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      GA, Athens - Daniells Bridge Rd

      Workspaces, services and support to help you work better in John Hancock Center
      2470 Daniells Bridge Rd, Athens, GA 30606
      View Details
    • $2,000 /Mo
      1,968 SF

      Spacious Office with Flexible Layout

      Large office space with multiple rooms and ample parking.
      485 Huntington Rd, Athens, GA 30606
      View Details
    • $3,645 /Mo
      5,000 SF

      Athens Commercial Space For Lease

      Versatile commercial space suitable for market, club, bar, or store.
      215 Tallassee Rd, Athens, GA 30606
      View Details
    • $2,500 /Mo
      2,500 SF

      West Athens Office Space

      2500 sq ft office space in prime West Athens location.
      100 Athens Town Blvd Unit, Athens, GA 30606
      View Details
    • $5,500 /Mo
      3,224 SF

      Athens Office Space For Rent

      Office space available for lease in Athens, Georgia.
      1165 Cedar Shoals Dr, Athens, GA 30605
      View Details
    • $900 /Mo
      828 SF

      Versatile Office Suite in Athens

      828 sq ft office suite with waiting room and parking.
      485 Huntington Rd Unit, Athens, GA 30606
      View Details
    • $11,000 /Mo
      65,340 SF

      Prime Commercial Parcel on Atlanta Highway

      1.5-acre commercial parcel suitable for various business uses.
      3180 Atlanta Hwy, Athens, GA 30606
      View Details
    • $11,000 /Mo
      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
    • $1,100 /Mo
      1,140 SF

      Spacious Office Suite in Athens

      1,140 sq ft office suite with flexible layout.
      485 Huntington Rd Unit, Athens, GA 30606
      View Details
    • $1,995 /Mo
      2,059 SF

      High-Visibility Commercial Space Available

      Prime commercial space suitable for various businesses in Athens, GA.
      215 Tallassee Rd, Athens, GA 30606
      View Details
    • $1,995 /Mo
      2,059 SF

      High-Visibility Commercial Space Available

      Prime commercial space suitable for various business ventures.
      215 Tallassee Rd, Athens, GA 30606
      View Details
    • $2,000 /Mo
      1,968 SF

      Spacious Office Suite For Lease

      Large office space with flexible layout and ample parking.
      485 Huntington Rd, Athens, GA 30606
      View Details

    FAQs

    What type of property is this?
    Office space - Office space for rent in a growing East Athens area.
    Where is this office space located?
    The property is located at 770 Gaines School Rd, Unit A Athens, GA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Flexible rental options: entire building, individual suites, or combined suites with upper level.; - Approximately 7548 sqft of rentable space.; - Prime location in growing East Athens.
    (706) 340-1763
    Request Owner's contact information
    770 Gaines School Rd, Unit A Athens, GA 30605
    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.
    770 Gaines School Rd, Unit A
    Athens, GA 30605
    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
    770 Gaines School Rd, Unit A Athens, GA 30605
    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
    Thomas Gay
    Real Estate License ID: 335177
    (706) 340-1763 (706) 353-1750
    Learn more
    Google sign-in failed. Please try again or use another login method.