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Property profile & analytics
OFF-MARKET Estimated value $550,000
Industrial land

605 Athena Dr Athens, GA 30601-1604

12.42 ac lot
Entity Owned 4-yr Hold Free & Clear
Property ID
US22-3861288
Property summary
AI-generated overview

This exceptional 10,000-square-foot warehouse, located at 605 Athena Drive in Athens, Georgia, presents a significant opportunity for businesses seeking a single-tenant industrial space. Situated on a sizable lot ranging from 4.5 to 9 acres, this property offers ample room for operations and potential expansion. The warehouse boasts a total building area of 10,000 square feet, currently entirely vacant and ready for immediate occupancy. The property is zoned Employment-Industrial Athens-Clark Co., ensuring compatibility with a wide range of industrial uses. Its location in Clarke County, Georgia, provides convenient access to transportation routes and a skilled workforce. The property's address is 605 Athena Dr, Athens, GA 30605. The property type is classified as Industrial and Land, with a warehouse subtype. This single-tenant property offers a unique chance to establish a strong presence in a thriving industrial area. The entire 10,000 square feet is available for lease, providing flexibility for businesses of various sizes. The expansive lot size allows for significant outdoor storage or future development. This is an excellent opportunity for businesses seeking a well-located, spacious, and readily available warehouse in Athens, Georgia.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 12.42 ac (541,015 SF)
Zoning code E-I
APN 22-3- -021-B
UPID US22-3861288
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
$475k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$550k
Owner & transaction history
Industrial Storage Fund III LLC · 4 yrs held
Industrial Storage Fund III LLC
since 2022
Last sale
$558,900
1 recorded transaction
2022
$558,900
Zoning & alternative use
E-I · Athens, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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