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Financial
Distress signals
Property profile

405 Gaines School Rd Athens, GA 30605

FOR SALE
Commercial real estate
Property ID
US22-1278518
5,590 SF 1.03 ac lot Built 1955
Last sale Jul 2024 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Class A, two-story office building, totaling 5,200 square feet, is situated on a 1.03-acre lot at 405 Gaines School Rd in Athens, GA 30605. Completely renovated in 2024, the building boasts nine available executive office suites ranging from 74 to 234 square feet, perfect for businesses of all sizes. The property features ample on-site parking with 31 spaces, ensuring convenient access for employees and clients. Large windows throughout the building provide abundant natural light,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$266k
Assessed land$65k
Assessed improvement$201k
Effective rate3.13%

Value estimate

· Oct 2026
$600k
$540k – $660k
AI approach$600k
Submarket $/SF estimate$564k
NOI build-up
Gross scheduled income$101k
Vacancy & credit loss−$20k
Operating expenses−$20k
NOI · 8.05% cap applied$60k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$196/SF
ZIP average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$70 – $357
Qualifying comparables3

Cap rate analysis

How does the asset earn?
8.05%
$60k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-O
This district is designed to stabilize, improve and protect the characteristics of those areas providing commercial commodities and services
General categoryCOMMERCIAL
JurisdictionCLARKE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply18.6
Wholesale Shop17.9
Law Firm16.0

Location

405 Gaines School Rd Athens, GA 30605
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
159 Barrington, Athens, GA 30605-5242 $175,000 Jan 2023 4,368 SF
131 Milledge, Athens, GA 30605-1016 $850,000 Dec 2021 4,408 SF
120 Barrington, Athens, GA 30605-5237 $375,000 Jan 2021 4,368 SF
129 Barrington, Athens, GA 30605-5204 $237,000 Dec 2020 4,368 SF
290 Research, Athens, GA 30605-2738 $650,000 May 2020 6,250 SF
4130 Lexington, Athens, GA 30605-2560 $585,000 Apr 2019 6,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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