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

    1071 Jamestown Blvd, Unit 503 Watkinsville, GA 30677

    Sponsored
    For Lease
    $12 SF/Yr ($2,400 /Mo)

    COMMERCIAL - Watkinsville, GA

    Property size:
    2,400 SF
    Days on Market:
    5
    Last Refresh:
    Feb 21 at 6:06 am

    Property Features for 1071 Jamestown Blvd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    B 06P 500 503
    Parking
    3
    Interior features
    Cathedral Ceiling(s), High Ceilings
    Exterior features
    Landscape Lights
    Appliances
    Electric Water Heater
    Size
    2,400 SF

    Utilities

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

    Building Details

    Year built
    2023
    Floors in Building
    1
    Building materials
    Aluminum Siding, Brick
    Roof type
    Metal

    We can help!

    Listing Contact
    Joseph Polaneczky

    Nabo Realty, LLC (706) 607-6226

    Listing agent Joseph Polaneczky (706) 607-6226 License #322130

    Listing date Feb 17, 2026

    MLS# CM1027350

    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

    New Flex Space Available

    This flex space is a new construction unit available for immediate occupancy. Located in Oconee County, the unit offers a blend of office and warehouse space. Unit 503 features 2400 square feet, including 760 square feet of heated and cooled office space with a bathroom, and 1640 square feet of warehouse space equipped with a utility sink. The warehouse area includes a 14-foot roll-up door, an adjacent people door at the back, and ceiling heights reaching 16 feet at the top plate and 19 feet at the peak. The warehouse walls are clad to 8 feet with 4x8 1/2" plywood. The property is zoned OBP, offering various permitted uses. It is suitable for businesses looking to expand from a home-based operation. The location is intended to prioritize work/life balance. The property is located at 1071 Jamestown Boulevard, Unit 503, Watkinsville, GA 30677.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Branch Electric, Inc. Electrical Service Just Medical Department Store QRR LLC Big Box & Wholesale Store Crossroads Property Handyman ... Hardware & Home Improvement Covered Bridge Equine: ... Veterinary Clinic

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Watkinsville
    County
    Oconee
    State
    Georgia
    Longitude
    -83.447104
    Latitude
    33.86379

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    FAQs

    What type of property is this?
    Flex space - Move-in ready flex space in Oconee County.
    Where is this flex space located?
    The property is located at 1071 Jamestown Blvd, Unit 503 Watkinsville, GA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Immediate occupancy of new construction unit in Oconee County's premier business location.; - Flexible space: 2400 sq ft unit with 760 sq ft heated/cooled office space (including bathroom) and 1640 sq ft warehouse space (with utility sink).; - Warehouse features: **14' roll-up door**, adjacent people door, 16'-19' ceiling heights, and 8' plywood clad walls.
    (706) 543-4000
    Request Owner's contact information
    1071 Jamestown Blvd, Unit 503 Watkinsville, GA 30677
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    Watkinsville, GA 30677
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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
    1071 Jamestown Blvd, Unit 503 Watkinsville, GA 30677
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    We can help!
    Listing Contact
    Joseph Polaneczky
    Real Estate License ID: 322130
    (706) 543-4000 (706) 316-2900 (706) 224-7451
    Learn more
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