Property profile

505 Riverbend Pkwy Athens, GA 30605

OFF-MARKET
Specialty properties
Property ID
US22-0071712
3,617 SF 22 ac lot Built 1988
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 1988
Construction STEEL FRAME
Total area 3,617 SF
Lot 22 ac (958,320 SF)
Zoning code RM-1
APN 18-1- -010-B
UPID US22-0071712

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
  • Apartment Complex Apartment Building

Location

505 Riverbend Pkwy Athens, GA 30605-5932
Athens metro Census 150400 ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$16.66M

Owner & transaction history

since 2021
Last sale
$22.2M
7 recorded transactions
2021
$22.2M
2018
Price N/A
2018
$15.1M
2015
Price N/A
2014
$1.7M
2009
$1.1M
2006
$14.5M

Zoning & alternative use

RM-1 · Athens, GA
Zoning description

District is intended for residential uses and appurtenant community services

General category RESIDENTIAL

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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