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Property profile & analytics

1040 Founders Blvd Athens, GA 30606-6138

  • Office buildings
  • 6,894 SF
  • 3.75 lot acres
OFF-MARKET
Value Estimation
$6,480,000
Last Sale
Jan 02, 2025
$7,100,000
Location Intelligence
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.

Current Use by Public Records

  • RESTAURANT SYSTEM SOLUTIONS / Restaurant Supply 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
Property size
6,894 SF
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 Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $5,905,000
  • CAP approach

    CAP return
    Estimation
    6%
    $7,630,000
    6.5%
    $6,500,000
    7%
    $7,635,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $7,865,000
    Geo Method
    $7,025,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $8,120,000
    Retail
    $8,390,000
    Mixed-Use
    $8,415,000
    Hospitality
    $7,570,000
    Educational
    $6,865,000
    Residential Income
    $6,810,000
    Energy
    $7,400,000
    Income-Based Land
    $8,210,000
    Food Service
    $7,860,000

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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