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Property profile & analytics
FOR LEASE
Office Spaces
1001 Prince Ave Athens, GA 30606
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-4551516
For Lease
1 / 2
$25 SF/Yr
1001 Prince Ave, Athens, GA 30606
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1968
Total area
24,120 SF
Lot
1.59 ac (69,260 SF)
Zoning code
C-O
APN
12-2-B1 A-005
UPID
US22-4551516
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
Georgia Power Electric Utility Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$950k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$950k
Owner & transaction history
Ashford Investment Properties 2 Lll · 2 yrs held
Ashford Investment Properties 2 Lll
since 2024
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
C-O · Athens, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Athens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Athens submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$950,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $950k (Jul 10 2024)
Last sale anchor
$950k
Jul 10 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$39 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$42,363
Tax year 2023
Assessed value
$1,355,616
Assessed 2023
Previous assessed
$1,355,616
+0.0% YoY
Effective rate
3.13%
On assessed value
Assessed land
$457,920
Assessed improvement
$897,696
Land market value
$1,144,800
Improvement market value
$2,244,239
Total market value
$3,389,039
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
1968
Heating
CENTRAL
Cooling
CENTRAL
Total area
24,120 SF
Lot
1.59 ac (69,260 SF)
Zoning code
C-O
APN
12-2-B1 A-005
UPID
US22-4551516
Jurisdiction
CLARKE
Zoning & alternative use
C-O · Athens, GA
Zoning C-O · permitted uses
C-O · Athens, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Athens. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Heating
CENTRAL
Cooling
Yes
Lot
1.59 ac
Current owner
From public records · entity-resolved
Ashford Investment Properties 2 Lll
Entity
Mailing address
1301 CRYSTAL HLS DR, ATHENS, GA 30606-5303
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2024
$950,000
Ashford Investment Properties 2 Lll
Georgia Power Co
Warranty Deed
$712,500 · Commercial Bank
Jun 17, 2022
$2,331,250
Ashford Investment Properties II Ll
1001 Prince Avenue Eat LLC
Warranty Deed
$1,000,000 · Commercial Bank
Nov 1, 2021
$1,500,000
1001 Prince Avenue Eat LLC
Andree Ianthe Clark Terry
Warranty Deed
$2,331,250 · Commercial Bank
Nov 1, 2021
$418,750
1001 Prince Avenue Eat LLC
Jimmy A Gay
Warranty Deed
—
Nov 1, 2021
$412,500
1001 Prince Avenue Eat LLC
James Q Wilfong
Warranty Deed
—
Nov 1, 2021
—
Ashford Investment Properties II Ll
Rebecca C Ashford
Warranty Deed
—
Jan 30, 2015
—
Andree Ianthe C Terry
Terry,dennis B
Quit Claim Deed
related
—
Dec 31, 2013
$108,000
Jimmy A Gay
First Citizens Bk & Trust Co
Grant Deed
—
May 1, 2008
—
Don W Terry JR.
Terry,diana B
Quit Claim Deed
related
—
May 1, 2008
$80,000
James Q Wilfong JR.
National Bank Of Georgia
Grant Deed
—
—
—
Dennis B Terry
—
Deed Of Trust
related
$80,000 · Tony S Salloum
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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