405 Gaines School Road, Athens, GA 30605 - Photo 1

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$750,000

For Sale
Active
Office

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Property Description

A 4,664 SF multi-tenant office building on 1.089 acres at the corner of Gaines School Road and Ponderosa Drive in east Athens, fully leased across six suites to health care, wellness and professional service users. In-place net operating income is $51,811. At $750,000 that is a 6.91% cap rate and $160.81 per square foot. Suites run from roughly 250 to 2,700 SF, with a weighted average remaining lease term of about 3.0 years. Leases are gross. Operating expenses run 32.0% of gross income, or $5.24 per square foot. Rent roll, lease abstracts and operating detail are available to qualified buyers under a confidentiality agreement.

Full Property Details

Full Property Details for 405 Gaines School Rd

General

Price: $750,000
Taxes: $8,004 (2025)
Status: Active
Type: Office
Source: GAMLS_Atlanta
MLS ID: 10849759
Updated: 10/4/2026
Added to Site: 40 day(s) ago

Business

Business Type: Professional/Office
Includes: Building & Land

Location

County: Clarke
Driving Directions: GPS Friendly

Heating & Cooling

Cooling Type: Central Air
Heating Type: Central

Utilities

Utility Description: Electricity Available, Sewer Available, Water Available

Structural Information

Construction Status: Updated/Remodeled
Square Feet: 4,664
Sq. Ft. Source: Public Records
Year Built: 1955

Lot Features

Lot Size (Acres): 1.03
Lot Size Range: 1.03
Lot Size Source: Public Records
Potential Use: Professional/Office
Lot Description: City Lot, Corner Lot

Financial Considerations

Tax Amount: $8,004.1
Tax Year: 2025

Listing Courtesy of: UC Premier Properties

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Schools

Schools serving 405 Gaines School Rd

School District:Clarke County School District

Name	Grades	Distance
Gaines Elementary School 900 Gaines School Road, Athens, GA 30605	PK-5	0.6 mi
Whit Davis Road Elementary School 1450 Whit Davis Road, Athens, GA 30605	PK-5	2.2 mi
Barnett Shoals Elementary School 3220 Barnett Shoals Road, Athens, GA 30605	PK-5	2.5 mi
Hilsman Middle School 870 Gaines School Rd, Athens, GA 30605	6-8	0.5 mi
Cedar Shoals High School 1300 Cedar Shoals Dr, Athens, GA 30605	9-12	0.8 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 405 Gaines School Rd Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/04/2026

Listed

$750,000

25%

MLS

7/12/2024

Sold

$600,000

—

Public Record

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 405 Gaines School Rd

Year

Property Taxes

Change

Tax Assessment

Change

2025

$7,756

-7%

$249,776

-6%

2024

$8,319

—

$266,198

—

2023

$8,319

15%

$266,198

18%

2022

$7,216

-1%

$226,219

4%

2021

$7,302

-1%

$216,687

—

2019

$7,357

—

$216,687

—

2018

$7,357

1%

$216,687

1%

2017

$7,271

—

$214,168

—

2016

$7,271

—

$214,168

—

2015

$7,282

-2%

$214,168

-1%

2014

$7,399

—

$217,309

—

2013

$7,410

—

$217,309

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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405 Gaines School Road, Athens, GA 30605 (MLS# 10849759) is a Office property. 405 Gaines School Road is currently listed for $750,000 and was received on September 04, 2026. Want to learn more about 405 Gaines School Road? Do you have questions about finding other Office real estate for sale in Athens? You can browse all Athens real estate or contact a Coldwell Banker agent to request more information.

405 Gaines School Rd Athens, GA 30605