Metal Warehouse and Corner
165 Spring Valley Road Athens, GA 30605
165 Spring Valley Road, Athens, GA, 30605
$1,250,000
For Sale
$1,250,000
LAND - Athens, GA
Property Size6,000 SF
Lot Size3.57 Acres
Price / SF$208.33
Days on Market177
Property Features for 165 Spring Valley Road
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- C-G
- Standard status
- Active
- APN
- 231 018A
- Lot size
- 3.57 Acres
Taxes and HOA fees
- Tax 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
1149 Athens Road, GA
Listed by
Brandon Colquitt · License #431877
(706) 540-5634
Added: Jan 21 Checked: Jul 17 at 9:06 pm
MLS# CL349080
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 C-G zoned corner tract includes a 6,000-sq-ft metal building with a concrete floor. A separate early 1900s home is also on-site, presenting flexibility for redevelopment or changes to the current improvements.
The property sits at the intersection of Spring Valley Road/Winterville Road and Indian Hills Road and is described as capturing over 12,000 vehicles daily for strong commercial visibility.
With corner positioning and a combination of warehouse and on-site improvements, the site may support a range of commercial uses consistent with the existing zoning designation.
The property sits at the intersection of Spring Valley Road/Winterville Road and Indian Hills Road and is described as capturing over 12,000 vehicles daily for strong commercial visibility.
With corner positioning and a combination of warehouse and on-site improvements, the site may support a range of commercial uses consistent with the existing zoning designation.
Key Highlights
- Prime corner location at the intersection of Spring Valley Road/Winterville Road and Indian Hills Road.
- High traffic exposure with over 12,000 vehicles daily.
- C‑G zoning allows for warehouse, flex space, retail, or service‑based use.
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Corner commercial tract with a 6,000-sq-ft metal warehouse and concrete floor, zoned C-G.
Where is this commercial land 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: Prime corner location at the intersection of Spring Valley Road/Winterville Road and Indian Hills Road.; High traffic exposure with over 12,000 vehicles daily.; C‑G zoning allows for warehouse, flex space, retail, or service‑based use.
