Technical
Financial
Distress signals
Property profile

1635 Broad St Athens, GA 30606

OFF-MARKET
Office Spaces
Property ID
US22-1284577
2,770 SF 0.17 ac lot Built 1975
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 5,540 square foot industrial/office building, situated on a 0.269-acre lot in Athens, Georgia (APN: 122D1 C002), presents a unique investment opportunity. Completely renovated in 2017, the property boasts a new roof, HVAC system, electrical, plumbing, doors, and windows. The two-story building, zoned C-G, features a flexible layout ideal for diverse business needs. The main floor offers a collaborative open office space enhanced by eight skylights, a full kitchen with dishwasher, two bathrooms, a shower, and washer/dryer hookups. Downstairs, discover ample warehouse space, a storage room, and a convenient 8-foot roll-up door. Conduit is already in place for multiple air compressor connections. A separate, approximately 1,024 square foot shed provides additional storage or workspace. With an 8-foot ceiling height throughout, this property benefits from a high traffic count exceeding 33,000 ADT. Its location, just over a mile from downtown Athens and five blocks from Milledge Avenue, offers unparalleled access to the University of Georgia and the vibrant downtown area. This is a truly remarkable opportunity to acquire a fully renovated, strategically located property in a thriving Georgia market.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1975
Total area 2,770 SF
Lot 0.17 ac (7,405 SF)
Zoning code C-G
APN 12-2-D1 C-002
UPID US22-1284577

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1635 Broad St Athens, GA 30606-3549
Athens metro Census 900 ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$715k
CAP Approach CAP
$505k
Comparable Approach Comparable
$490k
Blend (final) Blend
$780k

Owner & transaction history

since 2025
Last sale
$750,000
4 recorded transactions
2025
$750,000
2022
$368,700
2015
Price N/A
2015
$210,000

Zoning & alternative use

C-G · Athens, GA
Zoning description

This district is designed to stabilize, improve and protect the characteristics of those areas providing commercial commodities and services

General category COMMERCIAL
Top alternative use upside
Medical building $665,000 +49.3%
Auto repair, garage $510,000 +14.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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