Back to Search
Property profile & analytics
FOR LEASE
Office buildings
2470 Daniells Bridge Rd Athens, GA 30606
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1132428
For Lease
1 / 12
$12 SF/Yr
2470 Daniells Bridge Rd, Athens, GA 30606
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
STEEL FRAME
Total area
37,572 SF
Lot
0.43 ac (18,731 SF)
Zoning code
O-B-P
APN
B-04K-300
UPID
US22-1132428
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
$7.98M
Comparable Approach
Comparable
$7.59M
Blend (final)
Blend
$7.13M
Owner & transaction history
Gahc4 Athens Ga Mob I LLC · 5 yrs held
Gahc4 Athens Ga Mob I LLC
since 2021
5 recorded transactions
Zoning & alternative use
O-B-P · Athens, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$9.6M
+52.6%
Medical building
$9.0M
+42.7%
Auto repair, garage
$6.9M
+9.7%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,645,000
6.5%
$7,980,000
7%
$7,410,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,315,000
Current use
WAREHOUSE, STORAGE
$9,635,000
Change: +53% · Conversion: Difficult
MEDICAL BUILDING
$9,010,000
Change: +43% · Conversion: Easy
AUTO REPAIR, GARAGE
$6,930,000
Change: +10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,035,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$7.13M
Range $6.41M – $7.84M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$190 / SF
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
$77,500
Tax year 2023
Assessed value
$3,909,386
Assessed 2023
Previous assessed
$3,909,386
+0.0% YoY
Effective rate
1.98%
On assessed value
Assessed land
$266,000
Assessed improvement
$3,643,386
Land market value
$665,000
Improvement market value
$9,108,464
Total market value
$9,773,464
Applied tax rate
1.0000
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 buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2006
Construction
STEEL FRAME
Heating
NONE
Stories
2
Total area
37,572 SF
Lot
0.43 ac (18,731 SF)
Zoning code
O-B-P
APN
B-04K-300
UPID
US22-1132428
Jurisdiction
OCONEE
Zoning & alternative use
O-B-P · Athens, GA
Zoning O-B-P · permitted uses
O-B-P · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.3M
WAREHOUSE, STORAGE
Est. value
$9.6M
MEDICAL BUILDING
Est. value
$9.0M
AUTO REPAIR, GARAGE
Est. value
$6.9M
COMMERCIAL (GENERAL)
Est. value
$6.0M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
STEEL FRAME
Heating
NONE
Stories
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
Gahc4 Athens Ga Mob I LLC
Entity
Free & Clear · 5 yrs held
Mailing address
18191 VON KARMAN AVE STE #300, IRVINE, CA 92612-7106
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2021
$2,950,000
Gahc4 Athens Ga Mob I LLC
Waugh Enterprises LP
Warranty Deed
—
Mar 6, 2018
—
Waugh Ents LP
—
Deed
related
$985,000 · State Bk&tr
Mar 2, 2018
—
Waugh Ents LP
—
Deed
related
$1,765,000 · State Bk&tr
May 24, 2017
$10,350,000
Gahc4 Athens Ga Mob II LLC
Exchange Building 300 LLC
Grant Deed
—
May 24, 2017
$6,450,000
Gahc4 Athens Ga Mob I LLC
316 LLC
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
