Office Condo with Conference
For Sale
$675,000
3149 Atlanta Hwy Stes A & B, Athens, GA 30606
Two connected suites provide private offices, shared work area, reception, and a dedicated meeting room.
Property Size3,040 SF
Price / SF$222.04
Days on Market230
Property Features for 3149 Atlanta Hwy Stes A & B
General Information
Standard status
Active
Size
3,040 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Building Details
Year Built
2005
Listing Agency:
NAI Elrod Group
Listed By:
Brian Elrod · License ##251606
(706) 553-1000
Source:
Searchgreateraugustahomes
Added: Feb 25
Changed: Oct 7
Last Checked: Oct 12 at 8:13PM
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 NAI Elrod Group
Investment Insights
Based on property information with market context.
This office condominium combines Suites A and B for 3,040 SF of workspace. The 2005 property includes three private offices, a cubicle area, a reception desk, and a conference room with a built-in granite table, chandeliers, and pocket doors. Ten-foot ceilings and a wired speaker system are also in place. The condominium format provides ownership of the individual office space rather than an entire building.
Located on the west side of Athens-Clarke County along US 29, the property is near Atlanta Highway and Athens West Parkway, with the GA-10 Loop east of the site. Reported traffic on US 29 exceeds 24,000 vehicles per day. Nearby businesses include Walmart, Target, Carrabba’s, Popeyes, Taco Bell, Regions Bank, Office Depot, and Enterprise. Downtown Athens and UGA are about five miles east along Atlanta Highway.
Located on the west side of Athens-Clarke County along US 29, the property is near Atlanta Highway and Athens West Parkway, with the GA-10 Loop east of the site. Reported traffic on US 29 exceeds 24,000 vehicles per day. Nearby businesses include Walmart, Target, Carrabba’s, Popeyes, Taco Bell, Regions Bank, Office Depot, and Enterprise. Downtown Athens and UGA are about five miles east along Atlanta Highway.
Key Highlights
- Office condominium totaling 3,040 SF across Suites A and B
- Three private offices, a cubicle suite, and built‑in reception desk
- Conference room features a granite table, dual chandeliers, and pocket doors on both sides
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,349
Cap Rate
5.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$786,980
$787.0K
Cap Rate 7%
$562,129
$562.1K
Cap Rate 9%
$437,211
$437.2K
Market Conditions
NOI Build-Up for 3,040 SF
Gross rent
$65.7K $21.60/SF
− Vacancy
−$13.2K −$4.34/SF
EGI
$52.5K $17.26/SF
− OpEx
−$13.1K −$4.31/SF
NOI
$39.3K $12.94/SF
Area
Athens, GA
Vacancy
20.10%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$786,980
Cap Rate 7%
$562,129
Cap Rate 9%
$437,211
Alternative Uses
Best Use
Office B
$562.1K
$491.9K – $655.8K
NOI $39,349 @ 7.0% cap · market cap 5.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$732.9K
$641.3K – $855.0K
NOI $51,300 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
479
Businesses Nearby
Explore this area
Business Placement
Demographics for 30606, GA
46,798
Population
22,603
Households
2.1
Avg Household Size
33
Median Age
52%
College-Educated
93%
High-School Grad
30.7 sq mi
ZIP Area
1,524
Density / Sq Mi
$61,397
Median Household Income
$35,854
Median Earnings
$1,222
Median Rent
$332,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two connected suites provide private offices, shared work area, reception, and a dedicated meeting room.
Where is this office units located?
The property is located at 3149 Atlanta Hwy Stes A & B Athens, GA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Office condominium totaling 3,040 SF across Suites A and B; Three private offices, a cubicle suite, and built‑in reception desk; Conference room features a granite table, dual chandeliers, and pocket doors on both sides
