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    Office Building in Athens, Georgia Title is generated by Realmo AI

    160 Hawthorne Park, Athens, GA

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    Office building in a vibrant college town with easy access.

    Type:OFFICE
    Property size:
    7,078 SF
    Lot size:
    0.58 Acres
    Price / SF:
    $162/SF
    Added:
    Apr 19, 2025
    Days on Market:
    423
    Last Refresh:
    May 20 at 8:45 pm

    Property Features for 160 Hawthorne Park

    General Information

    Standard status
    Active
    Size
    7,078 SF
    Lot size
    0.58 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Austin Sumner Properties

    Listing agent Austin Sumner Properties

    Listing office Austin Sumner Properties

    Listing date Apr 19, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Austin Sumner Properties

    HighLights

    • Located in Athens, Georgia, a vibrant college town.
    • Easy access to restaurants, cafes, and boutiques.
    • Conveniently located near grocery stores.
    • Tree‑lined streets.
    • Well‑manicured lawns.
    • Peaceful seclusion from the city bustle.

    Overview

    The property at 160 Hawthorne Park is located in Athens, Georgia, a college town known for its culture and arts scene. The location features tree-lined streets and lawns. The property has access to restaurants, cafes, boutiques, and grocery stores. The building contains 7,078 square feet of office space.

    Local Financial Insights For Office B

    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 $152.9k $21.60
    − Vacancy −$30.7k −$4.34
    EGI $122.2k $17.26
    − OpEx −$30.5k −$4.31
    NOI $91.6k $12.94
    7,078 SF · lease $21.60/SF/yr · vacancy 20.10% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.31M
    $1.15M – $1.53M (±1% cap)
    NOI $91,616 @ 7.0% cap · market cap 7.97%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.71M
    $1.49M – $1.99M (±1% cap)
    NOI $119,440 @ 7.0% cap · market cap 10.39%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Padgett Advisors Tax Preparation

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Clarke
    State
    Georgia
    Longitude
    -83.4166
    Latitude
    33.9702

    FAQs

    What type of property is this?
    Office building - Office building in a vibrant college town with easy access.
    Where is this office building located?
    The property is located at 160 Hawthorne Park 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: Located in Athens, Georgia, a vibrant college town.; Easy access to restaurants, cafes, and boutiques.; Conveniently located near grocery stores.
    (706) 353-1039 Call to check price and availability
    More about this property
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