Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    52 Nancy Dr Watkinsville, GA 30677

    Sponsored
    Picture of Land at Nancy Dr 52, Watkinsville, GA
    For Sale
    Pending
    $225,000

    LAND - Watkinsville, GA

    Lot size:
    0.81 Acres
    Days on Market:
    53
    Last Refresh:
    Jan 26 at 10:06 am

    Property Features for 52 Nancy Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    W 05 044
    Lot size
    0.81 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Tank
    Water source
    Public

    We can help!

    Listing Contact
    Del Mills

    Greater Athens Properties (706) 510-5189

    Listing agent Del Mills (706) 510-5189

    Listing date Dec 5, 2025

    MLS# 10653984 Listing URL

    Copyright © 2025 Georgia Multiple Listing Service. 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

    Vacant Land in Watkinsville, GA

    This vacant lot, comprising 0.81 acres, is located in Watkinsville, Georgia. The property is currently under contract.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop 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
    -83.413209
    Latitude
    33.865004

    Nearby Similar for Sale

    • $419,000
      Pending

      Watkinsville Land with Two Homes

      5-acre property with two homes needing TLC.
      1210 Carson Graves Rd, Watkinsville, GA 30677
      View Details
    • $419,000
      Pending

      Watkinsville 5-Acre Property with Homes

      5-acre property with two homes needing TLC in Watkinsville.
      1210 Carson Graves Rd, Watkinsville, GA 30677
      View Details
    • $899,000
      12.23 Acres

      Oconee County Equestrian Retreat

      12-acre horse property with barn, creek, and charming residence.
      2223 Salem Rd, Watkinsville, GA 30677
      View Details
    • Contact for pricing
      3,400 SF

      Watkinsville Warehouse/Flex Space Available

      Warehouse/flex space near Butler's Crossing with showroom and loft.
      1071 Jamestown Blvd #E1, Watkinsville, GA 30677
      View Details
    • Contact for pricing
      3,400 SF

      Watkinsville Warehouse/Flex Space Available

      Warehouse/flex space in Watkinsville, GA, with showroom and loft.
      1071 Jamestown Blvd #E1, Watkinsville, GA 30677
      View Details
    • $474,000
      1,770 SF

      Charming Patio Home in Creekside

      Polished patio home in gated Creekside community with expansive living.
      2232 Orchard Cir, Watkinsville, GA 30677
      View Details
    • $474,000
      1,770 SF

      Charming Patio Home in Creekside

      Polished patio home in gated Creekside community with expansive living.
      2232 Orchard Cir, Watkinsville, GA 30677
      View Details
    • Contact for pricing

      New Oconee County Professional Building

      High-quality office development in the heart of Oconee County.
      1024 12 Oaks Dr, Watkinsville, GA 30677
      View Details
    • $635,000
      2,798 SF

      Watkinsville Home with Vast Pasture

      Idyllic property near downtown Watkinsville with a spacious house and pasture.
      2750 Colham Ferry Rd, Watkinsville, GA 30677
      View Details
    • Contact for pricing

      Resource Valley Office Building

      Office unit in Resource Valley, Athens' Premier Office complex.
      1551 Jennings Mill Rd, Watkinsville, GA 30677
      View Details
    • $300,000
      1,170 SF

      Watkinsville Office Space - Prime Location

      1,170 sq ft Office, Great Visibility
      1800 Hog Mtn Bldg 300 Rd, Watkinsville, GA 30677
      View Details
    • $1,030,000
      100 SF

      Prime Watkinsville Commercial Land

      20 Acres, Hwy 316 Frontage, $50k/Acre
      Tall Oaks Rd, Watkinsville, GA 30677
      View Details

    FAQs

    What type of property is this?
    Land - Vacant lot available in Watkinsville, Georgia.
    Where is this land located?
    The property is located at 52 Nancy Dr Watkinsville, GA.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Vacant Lot: Build your dream home or investment property on this blank canvas.; - Water Available: Simplifies construction with readily available water source.; - Public Water Source: Benefit from a reliable and potentially cost-effective water supply.
    (706) 255-3586
    Request Owner's contact information
    52 Nancy Dr Watkinsville, GA 30677
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    52 Nancy Dr
    Watkinsville, GA 30677
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    52 Nancy Dr Watkinsville, GA 30677
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Del Mills
    (706) 255-3586
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.