555 Research Dr Athens, GA 30605-2729
This 3,965 square foot, two-story office building in Athens, Georgia, presents a compelling investment opportunity. Located in East Athens-Clarke County on Research Drive, this Class C property enjoys a convenient location near Barnett Shoals Drive and College Station Road, offering easy access to Loop 10 ramps and the University of Georgia's East Campus. Built in 1983 and renovated in 2002, the building sits within a small office complex, surrounded by apartments, subdivisions, retail, and the UGA Veterinary Teaching Hospital. The flexible floor plan allows for diverse tenant configurations. The first floor currently houses a holistic healthcare group and a yoga studio, each with distinct layouts including reception areas, exam rooms, open spaces, and multiple bathrooms. The second floor offers additional office and meeting spaces, along with a large breakroom/kitchenette and bathrooms. The property is zoned C-O and includes one building on a single lot (APN: 174D4 A001). Currently, three month-to-month tenants occupy the space, providing immediate income potential or the flexibility to renovate for a single tenant. The asking price is $535,500. This property offers a strong return on investment with its prime location and adaptable space.
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Venkatappa Murthy Pediatrician Medical Clinic
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Maggie Scruggs Movement & Meditation Gym & Fitness Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-O · Athens, GAAthens. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.