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    The Largest CRE Database in the US with Over 1 Million Listings

    1060 Garland Dr, Unit 500 Bogart, GA 30622

    Sponsored
    For Lease
    $22 SF/Yr ($2,874 /Mo)

    COMMERCIAL - Bogart, GA

    Type:Office
    Property size:
    1,769 SF
    Lot size:
    0.04 Acres
    Days on Market:
    76
    Last Refresh:
    Feb 21 at 5:06 am

    Property Features for 1060 Garland Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Office
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    O-I-P
    APN
    B 01L 001A
    Parking
    5
    Appliances
    Electric Water Heater
    Size
    1,769 SF
    Lot size
    0.04 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    2024
    Floors in Building
    1
    Building materials
    Brick

    We can help!

    Listing Contact
    Brian Elrod

    NAI Elrod Group (706) 553-1000

    Listing agent Brian Elrod (706) 553-1000 License #251606

    Listing date Dec 8, 2025

    MLS# CL336363

    Copyright © 2026 HIVE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Office Building in Growing Hub

    Scheduled for completion in February 2026, this custom-designed office building will feature upscale interior finishes and a brick and stacked stone exterior. The building will offer approximately 1,769 square feet, including private offices, a conference room, restrooms, and a kitchenette, making it suitable for a variety of professional uses. The property is strategically located in Oconee County, one of Georgia's fastest-growing business hubs, providing convenient access to both Athens and Atlanta. Situated on Highway 78, the property is minutes away from Hwy 53 and Hwy 316. Downtown Atlanta is less than 60 miles away, while downtown Athens and The University of Georgia are only 12 miles from the property. The location is also near The Georgia Club, Lane Creek Golf Club, and Oconee County Parks. Seven schools are within a 5-minute radius, and the shopping and dining options in the Epps Bridge area are only 10 minutes away. The lot size is 0.036 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Gym & Fitness Center Pharmacy Garden Center Computer & Electronic Repair Veterinary Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bogart
    County
    Oconee
    State
    Georgia
    Longitude
    -83.552514
    Latitude
    33.917568

    Nearby Similar for Lease

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      Customizable Office Space Available

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    FAQs

    What type of property is this?
    Office building - Custom-designed office space in Oconee County available February 2026.
    Where is this office building located?
    The property is located at 1060 Garland Dr, Unit 500 Bogart, GA.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Strategically located in Oconee County, a rapidly growing business hub with easy access to Athens and Atlanta.; - Custom-designed office building (approx. 1,769 sq ft) with upscale interior finishes and brick/stone exterior.; - Includes private offices, conference room, restrooms, and kitchenette.
    (706) 553-1000
    Request Owner's contact information
    1060 Garland Dr, Unit 500 Bogart, GA 30622
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    Bogart, GA 30622
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1060 Garland Dr, Unit 500 Bogart, GA 30622
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    We can help!
    Listing Contact
    Brian Elrod
    Real Estate License ID: #251606
    (706) 553-1000 (678) 859-6110
    Learn more
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