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    1040 Founders Blvd Athens, GA 30606-6138
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    Property profile & analytics

    1040 Founders Blvd, Athens, GA 30606-6138

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    • Office buildings
    • 6,894 SF
    • 3.75 lot acres
    Off-Market
    Last Sale Jan 2, 2025
    $7,100,000
    Property ID
    US22-1236316
    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.

    Value Estimations
    $6,405,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • RESTAURANT SYSTEM SOLUTIONS / Big Box & Wholesale Store
    • Zaxby’s Franchising LLC / Corporate Office

    Property Details for 1040 Founders Blvd

    Year built
    2000
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.75 lot acres
    Zone code
    O-I-P
    Property type
    Office buildings
    APN
    B-04-011-DB
    APU
    B04011DB

    Description

    This exceptional investment opportunity presents a five-building Class B office complex totaling 49,000 square feet, situated on an expansive 11.59-acre lot in Athens, Georgia. The property, located at 1040 Founders Blvd, boasts convenient access to Highway 316, Athens 10 Loop, and Epps Bridge Parkway, providing effortless commutes to downtown Athens and the University of Georgia. Constructed in 2000 and 2002, the five buildings—100, 200, 300, 400, and 500—are well-maintained and feature numerous updates. Building sizes vary, with Building 100 (3 stories, 10,341 sq ft) and Building 200 (2 stories, 6,894 sq ft) complemented by three identical three-story buildings (300, 400, and 500) each measuring 10,341 or 10,941 sq ft. Each building includes a dedicated elevator and two restrooms on every floor. The entire complex offers 177 parking spaces. The asking price for the entire 49,000-square-foot complex is $9,000,000 ($183.67/sq ft). Individual building purchases are also possible. The property's strategic location and well-maintained condition make it an attractive investment prospect. The property is also available for lease at $25 per square foot. The zip code is 30606, located in Oconee County.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $5,905,000
      ML approach
      $5,515,000
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $5,250,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Oconee
    State
    Georgia
    Longitude
    -83.4549
    Latitude
    33.9091
    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
    $24,840
    $275,738
    $977,292
    $1,253,030
    -
    $689,344
    $2,443,229
    $3,132,573
    More about this property
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