Technical
Financial
Distress signals
Property profile

649 Milledge Ave Athens, GA 30605

OFF-MARKET
Office Spaces
Property ID
US22-0941117
3,244 SF 0.21 ac lot Built 1982
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1982
Construction STEEL FRAME
Total area 3,244 SF
Lot 0.21 ac (9,148 SF)
Zoning code C-O
APN 17-1-C3 C-003
UPID US22-0941117

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
  • Financial Advisor
  • Postal Service Courier Service
  • Insurance Agency

Location

649 Milledge Ave Athens, GA 30605-5806
Athens metro Census 2100 ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$595k
Comparable Approach Comparable
$439k
Blend (final) Blend
$230k

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2021
Price N/A
2021
$560,000

Zoning & alternative use

C-O · Athens, GA
Zoning description

This district is designed to stabilize, improve and protect the characteristics of those areas providing commercial commodities and services

General category COMMERCIAL
Top alternative use upside
Medical building $780,000 +22.7%

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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