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Property profile & analytics

555 Research Dr Athens, GA 30605-2729

  • Office Properties & Spaces
  • 3,965 SF
  • 0.06 lot acres
OFF-MARKET
Last Sale
Feb 16, 2025
$473,500
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US22-0791182
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Somaspace / Massage Therapist
  • Tiger Eye Massage and Wellness / Massage Therapist
  • Venkatappa Murthy / Pediatrician
  • Maggie Scruggs Movement & Meditation / Health Counselor / Yoga Instructor

Property Details for 555 Research Dr

Year built
1983
Construction
STEEL FRAME
Lot size
0.06 lot acres
Property size
3,965 SF
Zone code
C-O
Property type
Office Properties & Spaces
APN
17-4-D4 A-001
APU
174D4A001

Description

This 3,965 square foot, two-story office building in Athens, Georgia, presents a compelling investment opportunity. Located in East Athens-Clarke County on Research Drive, this Class C property enjoys a convenient location near Barnett Shoals Drive and College Station Road, offering easy access to Loop 10 ramps and the University of Georgia's East Campus. Built in 1983 and renovated in 2002, the building sits within a small office complex, surrounded by apartments, subdivisions, retail, and the UGA Veterinary Teaching Hospital. The flexible floor plan allows for diverse tenant configurations. The first floor currently houses a holistic healthcare group and a yoga studio, each with distinct layouts including reception areas, exam rooms, open spaces, and multiple bathrooms. The second floor offers additional office and meeting spaces, along with a large breakroom/kitchenette and bathrooms. The property is zoned C-O and includes one building on a single lot (APN: 174D4 A001). Currently, three month-to-month tenants occupy the space, providing immediate income potential or the flexibility to renovate for a single tenant. The asking price is $535,500. This property offers a strong return on investment with its prime location and adaptable space.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Athens
County
Clarke
State
Georgia
Longitude
-83.3453
Latitude
33.9287
CBSA code
12020
CBSA name
ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,522
$30,000
$114,711
$144,711
-
$75,000
$286,778
$361,778
More about this property
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