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2000 W Broad St, Athens, GA 30606
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Property summary
AI-generated overview
Commercial property in Athens on a busy thoroughfare minutes from downtown, positioned on a corner lot with road frontage at a traffic light. The site occupies 0.34 acres and is served by ample parking and easy vehicular access. The building contains more than 4,000 square feet and is divided into two separate spaces, including one unit of more than 2,200 square feet and an additional unit for a total of two tenant/space areas. The property is zoned C-G and has documented traffic counts exceeding 30,000 vehicles per day, supporting visibility along the frontage.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1946
Total area
4,174 SF
Lot
0.34 ac (14,810 SF)
Zoning code
C-G
APN
12-2-C2 D-002
UPID
US22-1805396
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hearing Aid Store Deaf Service
-
Hair Salon Nail Salon
-
Crisis Center Medical Clinic
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
$725k
Comparable Approach
Comparable
$554k
Blend (final)
Blend
$830k
Owner & transaction history
since 2023
Last sale
$975,000
7 recorded transactions
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
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$830k
Value range
$747k – $913k
±10% around blend
Estimated value / SF
$199 / SF
Confidence
Property data
88
Market benchmarks
100
Comparable evidence
60
$747k
blend $830k
$913k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,174 SF
Lot area
0.34 ac
Year built
1946
APN
12-2-C2 D-002
Zoning
C-G
Assessed value
$235,878
Annual tax
$7,371
3
Income approach: direct capitalization
Partial preview
Income approach indication
$725k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$785k
@ 6.5% CAP return
$725k
@ 7% CAP return
$675k
4
Sales comparison
Partial preview
Sales approach indication
$554k
Range $148k – $1.06M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$830k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 45 sales
$761
-74%
Submarket 67 sales
$640
-69%
County 68 sales
$637
-69%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $199/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
5.70%
Implied, in-place cap rate for this retail space
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.70%
9.0%
NOI (est.)
$68k *
Last sale · Jul 2023
$975k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.20M
Move the market yield to see immediate price impact.
Value / SF
$287
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.20%5.70%6.20%
$61k
$1.18M
$1.08M
$991k
$68k
$1.31M
$1.20M
$1.10M
$75k
$1.44M
$1.32M
$1.21M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,371
Tax year 2023
Assessed value
$235,878
Assessed 2023
Previous assessed
$235,878
+0.0% YoY
Effective rate
3.12%
On assessed value
Assessed land
$105,750
Assessed improvement
$130,128
Land market value
$264,375
Improvement market value
$325,319
Total market value
$589,694
Applied tax rate
2.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1946
Heating
SPACE
Cooling
CENTRAL
Total area
4,174 SF
Lot
0.34 ac (14,810 SF)
Zoning code
C-G
APN
12-2-C2 D-002
UPID
US22-1805396
Jurisdiction
CLARKE
Zoning & alternative use
C-G · Athens, GAZoning C-G · permitted uses
C-G · Athens, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
This district is designed to stabilize, improve and protect the characteristics of those areas providing commercial commodities and services
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1946
Heating
SPACE
Cooling
Yes
Lot
0.34 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
C-G
COMMERCIAL
Jurisdiction
Athens, GA
Recorded code
C-G
Official district
C-G
Official district profile
What the municipal code says about C-G
Zoning description
This district is designed to stabilize, improve and protect the characteristics of those areas providing commercial commodities and services
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-G in Athens, GA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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