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    Property profile & analytics

    718 Athens Rd Lexington, GA 30648-1907

    • Outlet malls
    • 16,625 SF
    • 3.04 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Last Sale
    May 19, 2020
    $365,000
    Location Intelligence
    Property ID
    US22-2874833
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • higi / Health Consultant
    • Carquest Auto Parts - Lexington Auto Parts LLC / Auto Parts Store

    Property Details for 718 Athens Rd

    Year built
    2006
    Construction
    STEEL FRAME
    Lot size
    3.04 lot acres
    Property size
    16,625 SF
    Zone code
    B2
    Property type
    Outlet malls
    APN
    077 037
    APU
    77037

    Description

    This 8,000 square foot retail space, formerly a Fred's store, presents a fantastic opportunity for a variety of businesses. Located on a major road in Oglethorpe County, this single-tenant property offers convenient access and high visibility. The building boasts approximately 90 parking spaces, ensuring ample customer convenience. A key feature is the existing drive-thru window, ideal for businesses requiring quick and easy customer service. The open floor plan provides flexibility for various layouts and configurations. The property is zoned B2, allowing for a wide range of commercial uses. Situated just 15 minutes from Athens, this location offers the advantage of a lower lease rate compared to properties within the city limits, while still maintaining excellent accessibility and proximity to schools. Easy ingress and egress further enhance the property's appeal. The asking rent is $6.00 per square foot. This is a prime opportunity for businesses seeking a well-located, spacious, and affordable retail space.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $375,000

    • CAP approach

      CAP return
      Estimation
      6%
      $390,000
      6.5%
      $355,000
      7%
      $380,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $405,000
      Geo Method
      $445,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $385,000
      Retail
      $320,000
      Mixed-Use
      $360,000
      Hospitality
      $375,000
      Educational
      $345,000
      Residential Income
      $415,000
      Energy
      $350,000
      Income-Based Land
      $370,000
      Food Service
      $410,000

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Oglethorpe
    State
    Georgia
    Longitude
    -83.1217
    Latitude
    33.8835
    CBSA code
    12020
    CBSA name
    ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,009
    $103,360
    $365,360
    $468,720
    -
    $258,400
    $913,400
    $1,171,800

    Comparable in this City

    • Value Estimation
      $230,000
      3,000 SF

      798 Athens Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 3,000 SF
      798 Athens Rd, Lexington, GA 30648-1908
      View Details
    • Value Estimation by Request
      7,820 SF

      Crawfordville Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 7,820 SF
      Crawfordville Rd, Lexington, GA 30648
      View Details
    • Value Estimation by Request
      5,600 SF

      777 Athens Rd

      SHOPPING CENTER, STRIP CENTER • 5,600 SF
      777 Athens Rd, Lexington, GA 30648-1902
      View Details
    • Value Estimation by Request
      986 SF

      Gilmer St

      RETAIL STORES (PERSONAL SERVICES) • 986 SF
      Gilmer St, Lexington, GA 30648
      View Details
    • Value Estimation
      $440,000
      10,000 SF

      735 Athens Rd

      GYM, HEALTH SPA • 10,000 SF
      735 Athens Rd, Lexington, GA 30648-1911
      View Details
    • Value Estimation
      $1,795,000
      3,314 SF

      643 Athens Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,314 SF
      643 Athens Rd, Lexington, GA 30648-1910
      View Details

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    718 Athens Rd
    Lexington, GA 30648-1907
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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