Industrial Warehouse and Corner Land
New
For Sale
$1,250,000
165 Spring Valley Road, Athens, GA 30605
LAND - Athens, GA
Property Size6,000 SF
Lot Size3.57 Acres
Price / SF$208.33
Days on Market3
Property Features for 165 Spring Valley Road
General Information
Property type
Land
Property subtype
Other
Zoning
C-G
Zoning description
Mixed use
Directions
From East Broad Street turn left onto Arch Street. Continue on to N Peter Street to Indian Hills Road. Turn right onto Indian Hills Road. Turn right onto Winterville Road, the destination will be on the right.
Standard status
Active
APN
231 018A
Lot size
3.57 Acres
Taxes and HOA fees
Tax Description
3.57 acres with house and shop
Legal Description
3.57 acres with house and shop
Utilities
Sewer type
Septic Tank
Water source
Public
Building Details
Year built
1989
Listing Agency:
Iris Inc Realty
(706) 743-5812
Listed By:
Brandon Colquitt · License #431877
(706) 540-5634
Added: Jul 28
Last Checked: Jul 30 at 6:06PM
MLS# CL361423
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.
This corner commercial parcel is zoned C-G and includes a 6,000+ square foot metal warehouse building with a concrete floor. An early 1900s home is also present on-site and is described as likely best suited for removal, helping open the door for redevelopment or expansion. The site is positioned for a range of warehouse, flex, retail, or service-based uses, depending on a buyer’s plan.
Located at the intersection of Spring Valley Road/Winterville Road and Indian Hills Road in Athens, GA, the property is marketed for strong traffic exposure, with over 12,000 vehicles daily captured at the intersection. The corner configuration provides prominent visibility for businesses seeking access to a heavily traveled commercial corridor.
Located at the intersection of Spring Valley Road/Winterville Road and Indian Hills Road in Athens, GA, the property is marketed for strong traffic exposure, with over 12,000 vehicles daily captured at the intersection. The corner configuration provides prominent visibility for businesses seeking access to a heavily traveled commercial corridor.
Key Highlights
- C‑G zoned corner property at Spring Valley Rd/Winterville Rd and Indian Hills Rd, with traffic exposure from 12,000+ vehicles daily
- 6000+ SF metal building with a concrete floor, suited for warehouse, flex, retail, or service‑based uses
- Water service via public utilities and sewer via septic tank
Financial Insights For Warehouse
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 | $56.9k | $9.48 |
| − Vacancy | −$5.1k | −$0.84 |
| EGI | $51.8k | $8.64 |
| − OpEx | −$7.8k | −$1.30 |
| NOI | $44.0k | $7.34 |
6,000 SF · lease $9.48/SF/yr · vacancy 8.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$629.2K
$550.6K – $734.1K
NOI $44,045 @ 7.0% cap · market cap 3.52%
Second Best
Industrial
$522.2K
$456.9K – $609.2K
NOI $36,551 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,249 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
12,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
125
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30605, GA
43,205
Population
18,387
Households
2.3
Avg Household Size
28
Median Age
53%
College-Educated
91%
High-School Grad
38.2 sq mi
ZIP Area
1,131
Density / Sq Mi
$48,188
Median Household Income
$24,933
Median Earnings
$1,104
Median Rent
$279,200
Median Home Value
Market
Properties on Market for Warehouses in Athens
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- The Warehouse — 630 Olympic Dr, Athens, GA 30601
Frequently Asked Questions
What type of property is this?
Warehouse - C-G zoned corner parcel with a 6,000+ sq ft metal warehouse and concrete floor, plus an existing home onsite.
Where is this warehouse located?
The property is located at 165 Spring Valley Road 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: C‑G zoned corner property at Spring Valley Rd/Winterville Rd and Indian Hills Rd, with traffic exposure from 12,000+ vehicles daily; 6000+ SF metal building with a concrete floor, suited for warehouse, flex, retail, or service‑based uses; Water service via public utilities and sewer via septic tank
