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Property profile & analytics
OFF-MARKET
Office Spaces
1044 Baxter St Athens, GA 30606-6314
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-0634085
Property summary
AI-generated overview
This 3,272 sq ft commercial property at 1044 Baxter Street, Athens, GA, presents a unique investment opportunity. Situated on a 0.09-acre lot, this vacant building offers immense flexibility. Recent renovations include a new HVAC system, hot water heater, carpet, lighting, and paint, enhancing its appeal. The property boasts three levels: a second floor with a reception area, potential loading dock, three rooms, and a bathroom (1,453 sq ft)
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1960
Total area
3,211 SF
Lot
0.09 ac (3,920 SF)
Zoning code
RM-2
APN
12-2-D3 B-001
UPID
US22-0634085
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Love Opie 2 LLC · 1 yrs held
Love Opie 2 LLC
since 2025
Last sale
$370,000
3 recorded transactions
Zoning & alternative use
RM-2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,405
Tax year 2023
Assessed value
$44,952
Assessed 2023
Previous assessed
$44,952
+0.0% YoY
Effective rate
3.13%
On assessed value
Assessed land
$12,754
Assessed improvement
$32,198
Land market value
$31,886
Improvement market value
$80,494
Total market value
$112,380
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
Off-Market
Year built
1960
Heating
SPACE
Total area
3,211 SF
Lot
0.09 ac (3,920 SF)
Zoning code
RM-2
APN
12-2-D3 B-001
UPID
US22-0634085
Jurisdiction
CLARKE
Zoning & alternative use
RM-2 · Athens, GA
Zoning RM-2 · permitted uses
RM-2 · 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
1960
Heating
SPACE
Lot
0.09 ac
Current owner
From public records · entity-resolved
Love Opie 2 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 254, WATKINSVILLE, GA 30677-0007
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2025
$370,000
Love Opie 2 LLC
Richard F Grayson
Warranty Deed
—
Apr 20, 2023
—
Richard F Grayson
Marion Cartwright
Limited Warranty Deed
—
Apr 7, 2006
—
Cartwright Family Trust
Patrick,adrian L
Grant Deed
related
—
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.
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