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Property profile & analytics
OFF-MARKET Estimated value $9,895,000
Office Spaces

685 Athena Dr Athens, GA 30601

104,200 SF 21.29 ac lot Built 2020
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US22-3910975
Property summary
AI-generated overview

This exceptional 8.67-acre commercial/industrial lot in Athens, Georgia, is ideally situated within the Athena Drive Industrial Park, offering immediate development potential. The property boasts E-I (Employment-Industrial) zoning and is designated a Tier 2 community, qualifying for attractive tax incentives. Already graded and pad-ready for a 100,000 square foot building, this site features robust infrastructure including an 880,000 GPD water demand capacity, a 2,000 GPM available fire flow, and an 880,000 GPD sanitary sewer demand. A 6-inch natural gas main with 300 psi pressure is in place, with upgrade potential. A detention area is already installed. The location benefits from proximity to essential services, including a Class 1 fire station just half a mile away. Its strategic location offers easy access to major transportation arteries, being only 4 miles from downtown Athens, 25 miles from I-85, 35 miles from I-20, 60 miles from Atlanta, and 45 miles from the NEGA Inland Port. This prime location and comprehensive infrastructure make this a truly exceptional opportunity for immediate development. The asking price is $1,485,000. The property is located at 685 Athena Dr, Athens, GA 30601.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2020
Total area 104,200 SF
Lot 21.29 ac (927,392 SF)
Zoning code E-I
APN 22-3- -021-C
UPID US22-3910975
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.90M
Owner & transaction history
Athens Clarke County · 2 yrs held
Athens Clarke County
since 2023
7 recorded transactions
2023
Price N/A
2022
$10.3M
2021
Price N/A
2020
Price N/A
2019
Price N/A
2019
$853,300
1969
Price N/A
Zoning & alternative use
E-I · Athens, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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