Medical Office Building at Office
1618 Mars Hill Road Watkinsville, GA 30677
1618 Mars Hill Road, Watkinsville, GA, 30677
$995,000
For Sale
Under Contract
$995,000
COMMERCIAL - Other - Watkinsville, GA
Property Size5,902 SF
Lot Size0.66 Acres
Price / SF$168.59
Days on Market113
Property Features for 1618 Mars Hill Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- 001
- Bathrooms
- 6
- Rooms
- Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 6, Bathroom 3, Bathroom 5
- Exterior features
- Irrigation System
- Appliances
- Electric Water Heater
- Standard status
- Active Under Contract
- APN
- B04-F0-11
- Size
- 5,902 SF
- Lot size
- 0.66 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 1427/168 1151/96 1148418
- Tax Annual Amount
- 5331
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Central, Heat Pump (Heating)
- Cooling system
- Heat Pump, Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2007
- Floors in Building
- 1
- Building materials
- Brick, Concrete
- Roof type
- Composition
- Architectural style
- Other
Listing Agency
Kilgore Real Estate Group
(706) 769-1400
1551 Jennings Mill #2900B, Watkinsville, GA
Listed by
Kirby Kilgore · License #239345
(706) 255-5894
Added: Mar 27 Checked: Jul 17 at 7:06 pm
MLS# CL352106
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.
Investment Insights
Based on property information with market context.
This medical office building is located within Windridge Office Park and configured for healthcare use. The first level totals 4,260 square feet and includes a reception area, a bookkeeping area, 17 exam rooms/offices, and five bathrooms. One room has leaded sheetrock walls and is suitable for X-rays. An upstairs finished area of approximately 1,642 square feet adds an additional bathroom, more office and record-keeping space, and a breakroom area that may support additional rental use. The building includes a sign monument visible to traffic on Mars Hill Road.
The property sits on a 0.66-acre site on heavily traveled Mars Hill Road in Watkinsville, positioned among Oconee’s residential and commercial development. Availability is scheduled for October 1, 2026.
For buyers or tenants seeking a ready-to-operate medical environment, the space already includes a reception setup, multiple exam rooms/offices, and an X-ray-suitable room with leaded sheetrock walls. Current occupancy is governed by an existing lease running through September 30, 2026, and the tenant pays utilities, insurance, tax, and CAM fees.
The property sits on a 0.66-acre site on heavily traveled Mars Hill Road in Watkinsville, positioned among Oconee’s residential and commercial development. Availability is scheduled for October 1, 2026.
For buyers or tenants seeking a ready-to-operate medical environment, the space already includes a reception setup, multiple exam rooms/offices, and an X-ray-suitable room with leaded sheetrock walls. Current occupancy is governed by an existing lease running through September 30, 2026, and the tenant pays utilities, insurance, tax, and CAM fees.
Key Highlights
- Medical/office building at Windridge Office Park on heavily traveled Mars Hill Rd with a sign monument visible to traffic
- First level totals 4,260 SF with a reception area, bookkeeping area, 17 exam rooms/offices, and 5 bathrooms
- Upstairs finished area of approximately 1,642 SF with an additional bathroom and office/record‑keeping space
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $141.6k | $24.00 |
| − Vacancy | −$14.2k | −$2.40 |
| EGI | $127.5k | $21.60 |
| − OpEx | −$51.0k | −$8.64 |
| NOI | $76.5k | $12.96 |
5,902 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.09M
$956.1K – $1.27M
NOI $76,490 @ 7.0% cap · market cap 7.69%
Second Best
Office B
$1.09M
$954.9K – $1.27M
NOI $76,394 @ 7.0% cap · market cap 7.68%
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M
NOI $99,596 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Prime Time Pediatrics
Medical Clinic
Sprayberry David MD
Pediatrician
Dr. David Gaines
Pediatrician
Sierra Pacific Mortgage
Loan Service
PrimeTime Urgent Care
Medical Clinic
Similar For Sale Nearby
Similar Off Market Nearby
- Woodlands Veterinary Referral — 1020 Woodlands Rd, Watkinsville, GA 30677
FAQs
What type of property is this?
Medical Office Space - Well-equipped medical office layout with exam rooms and potential for additional space after lease through September 2026.
Where is this medical office space located?
The property is located at 1618 Mars Hill Road Watkinsville, GA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Medical/office building at Windridge Office Park on heavily traveled Mars Hill Rd with a sign monument visible to traffic; First level totals 4,260 SF with a reception area, bookkeeping area, 17 exam rooms/offices, and 5 bathrooms; Upstairs finished area of approximately 1,642 SF with an additional bathroom and office/record‑keeping space
