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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2415 Jefferson Rd Athens, GA 30607

    • Community centers
    • 121,382 SF
    • 16.01 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1827987
    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

    • Vigo / Bank / Credit Union
    • Atlanta Mission: Athens Thrift Store / Discount Store
    • Edelia's Hair Salon / Hair Salon / Nail Salon
    • AKF Athens Martial Arts / Training Center / Sports School

    Property Details for 2415 Jefferson Rd

    Year built
    1973
    Lot size
    16.01 lot acres
    Property size
    121,382 SF
    Zone code
    C-G
    Property type
    Community centers
    APN
    11-3- -053
    APU
    113053

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Clarke
    State
    Georgia
    Longitude
    -83.4156
    Latitude
    33.9729
    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
    $124,819
    $864,540
    $3,129,672
    $3,994,212
    -
    $2,161,350
    $7,824,181
    $9,985,531

    Comparable in this City

    • Value Estimation
      $1,535,000
      8,420 SF

      3870 Old Jefferson Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 8,420 SF
      3870 Old Jefferson Rd, Athens, GA 30607
      View Details
    • Value Estimation
      $940,000
      5,500 SF

      8444 Jefferson Rd

      SHOPPING CENTER, STRIP CENTER • 5,500 SF
      8444 Jefferson Rd, Athens, GA 30607-3268
      View Details
    • Value Estimation
      $1,420,000
      9,338 SF

      11325 Commerce Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 9,338 SF
      11325 Commerce Rd, Athens, GA 30607-2336
      View Details
    • Value Estimation
      $1,315,000
      9,100 SF

      10022 Jefferson Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 9,100 SF
      10022 Jefferson Rd, Athens, GA 30607-3000
      View Details
    • Value Estimation by Request
      2,400 SF

      150 Winston Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      150 Winston Dr, Athens, GA 30607-1124
      View Details
    • Value Estimation by Request
      1,800 SF

      5283 Jefferson Rd

      Restaurants • 1,800 SF
      5283 Jefferson Rd, Athens, GA 30607
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      2,495 SF

      Retail Space in Publix-Anchored Center

      Divisible retail space in a newly opened shopping center.
      5345 Jefferson Rd, Athens, GA 30607
      View Details
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      1,300 SF

      Retail Space Available for Rent

      Retail space available immediately, convenient location.
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    • Contact for pricing
      9,822 SF

      Holden at Oak Grove Retail Spaces

      New Retail Spaces in Athens, GA - Prime Location!
      6045 Jefferson Rd, Athens, GA 30607
      View Details
    • $20 SF/Yr
      100,000 SF

      Prime Location Near Chase Street

      Located near Chase Street and downtown Athens, Georgia.
      100 Newton Bridge Rd, Athens, GA 30607
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    • $22 SF/Yr
      14,929 SF

      Athens Medical Office Space for Lease

      Prime Athens location, 12,826 SF available.
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    • $1,566 /Mo
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      Apartment community with many amenities and easy access to Athens.
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      View Details
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    2415 Jefferson Rd
    Athens, GA 30607
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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