Redevelopment Land with Residential
For Sale
$210,000
1515 Danielsville Road, Athens, GA 30601
Commercial Sale, Athens, GA
Property Size1,116 SF
Lot Size0.57 Acres
Price / SF$188.17
Days on Market266
Property Features for 1515 Danielsville Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Fencing
Fenced, Chain Link
Lot features
City Lot, Level
Directions
From Athens, take North Ave. to Danielsville Rd. Property will be on the corner of Danielsville Rd & Turner Cir. on your left.
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
Electric, Central Air
Water source
Public
Building Details
Year built
1965
Building materials
Frame
Roof type
Composition
Additional Structures
Workshop
Listing Agency:
Virtual Properties Realty.com
(770) 495-5050
Listed By:
Tina Mccullough · License #379566
(706) 248-1227
Added: Jan 23
Changed: Sep 12
Last Checked: Oct 16 at 7:06AM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,489
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$249,780
$249.8K
Cap Rate 7%
$178,414
$178.4K
Cap Rate 9%
$138,767
$138.8K
Market Conditions
NOI Build-Up for 1,116 SF
Gross rent
$24.1K $21.60/SF
− Vacancy
−$1.4K −$1.25/SF
EGI
$22.7K $20.35/SF
− OpEx
−$10.2K −$9.16/SF
NOI
$12.5K $11.19/SF
Area
Athens, GA
Vacancy
5.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$249,780
Cap Rate 7%
$178,414
Cap Rate 9%
$138,767
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 authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
87
Businesses Nearby
Explore this area
Business Placement
Demographics for 30601, GA
25,036
Population
11,634
Households
2.2
Avg Household Size
28
Median Age
37%
College-Educated
84%
High-School Grad
23.4 sq mi
ZIP Area
1,070
Density / Sq Mi
$37,357
Median Household Income
$24,639
Median Earnings
$1,198
Median Rent
$213,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Commercial land - Flexible C-G zoned site with strong road frontage and an existing 2-bedroom home for renovation or redevelopment.
Where is this commercial land 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
