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

    1060 Garland Dr Bogart, GA 30622

    Sponsored
    For Sale
    $450,000

    1769 sq ft, High-End Finishes, Great Location

    Property size:
    1,769 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    365
    This exceptional 1,769 square foot office space in Bogart, Georgia, offers a sophisticated and functional workspace. Located within a newly constructed building featuring custom brick and stack stone exteriors, this unit boasts high-end interior finishes. The layout includes multiple offices, a dedicated conference room, restrooms, and a convenient kitchenette. The property sits on a 0.04-acre lot and enjoys a prime location in Oconee County, a rapidly growing area for businesses. Its strategic position on Highway 78 provides easy access to major thoroughfares, including Highways 53 and 316, placing both Athens and Atlanta within convenient reach. Downtown Atlanta is less than 60 miles away, while downtown Athens and the University of Georgia are a short 12-mile drive. The property's proximity to amenities is another key advantage. The Georgia Club, Lane Creek Golf Club, and Oconee County Parks are all just minutes away. Seven schools are located within a 5-minute radius, and the vibrant shopping and dining options of Epps Bridge are a mere 10 minutes away. This presents a unique opportunity to establish a business in a thriving community with excellent infrastructure and accessibility. The asking price for this exceptional property is $450,000.

    Property Features for 1060 Garland Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,769 SF
    Lot Size
    1,742 SF

    Building Details

    Year Built
    2024

    We can help!

    Listing Contact
    Brian Elrod

    Learn more

    Property Insight Report
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Dental Office Wholesale Shop Gym & Fitness 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
    -83.5518
    Latitude
    33.91754

    Nearby Comparable

    • $275,000

      Oconee County Corner Commercial Lot

      0.672-acre lot zoned OIP, ideal for office or institutional uses.
      1010 Garland Dr, Bogart, GA 30622
      View Details
    • $1,900,000
      11,875 SF

      Bogart Office Building Investment

      Fully leased office building in Bogart, Georgia, near Athens.
      1020 Garland Dr, Bogart, GA 30622
      View Details
    • $465,000
      1,769 SF

      Custom Office Building For Sale

      New office building with high-end finishes, convenient location.
      1060 Garland Dr, Bogart, GA 30622
      View Details
    • $250,000
      0.67 Acres

      Prime Oconee County Commercial Lot

      High-traffic corner lot, ideal for development
      1010 Garland Dr, Bogart, GA 30622
      View Details
    • $187,600
      4.69 Acres

      Land in Oconee County

      Corner lot in Oconee County with high-visibility frontage.
      4100 Monroe Hwy, Bogart, GA 30622
      View Details
    • $1,800,000
      30.00 Acres

      30 Acres on Highway 78

      30-acre commercial/industrial/retail land on Highway 78 in Bogart, GA.
      1 Us 78 Hwy, Bogart, GA 30622
      View Details
    • New
      $1,800,000
      30.00 Acres

      30 Acres on Monroe Highway

      30-acre commercial/industrial land on Highway 78, Bogart, GA.
      2 Us 78 Hwy, Bogart, GA 30622
      View Details
    • $14,825,000
      84.72 Acres

      Highway Frontage Vacant Land Parcel

      84.72 acre vacant land parcel with highway frontage.
      4400 Monroe Hwy, Bogart, GA 30622
      View Details
    • $949,000
      1.47 Acres

      2781 Monroe Highway

      Land • 1.47 Acres
      2781 Monroe Hwy, Watkinsville, GA 30677
      View Details
    • $925,000
      7.24 Acres

      Commercial Land in Bogart, GA

      7.24 acres of commercial land for sale.
      1851 Mcnutt Creek Rd, Bogart, GA 30622
      View Details

    Nearby Similar for Sale

    • $1,900,000
      11,875 SF

      Bogart Office Building Investment

      Fully leased office building in Bogart, Georgia, near Athens.
      1020 Garland Dr, Bogart, GA 30622
      View Details
    • $465,000
      1,769 SF

      Custom Office Building For Sale

      New office building with high-end finishes, convenient location.
      1060 Garland Dr, Bogart, GA 30622
      View Details
    • Contact for pricing
      1,400 SF

      Office Unit in Coggins Park

      Office unit for sale in a well-connected industrial park.
      182 Ben Burton Cir, Bogart, GA 30622
      View Details
    • $1,500,000
      11,000 SF

      Retail Building on Atlanta Hwy

      Free-standing retail building with showroom, basement, and outside storage.
      4250 Atlanta Hwy, Bogart, GA 30622
      View Details
    • $3,514,550

      54-Acre Pasture Farm For Sale

      54.07 acres of rolling pasture, active cattle operation.
      Clotfelter Rd, Bogart, GA 30622
      View Details
    • Contact for pricing
      6,000 SF

      Industrial Property in Coggins Park

      Located in West Athens with convenient highway access.
      190 Ben Burton Cir, Bogart, GA 30677
      View Details
    • Contact for pricing
      40,700 SF

      Warehouse with Security Vault

      40,700 square foot warehouse featuring a security vault.
      125 Old Monroe Rd, Bogart, GA
      View Details
    • $2,000,000
      11,000 SF

      Prime Bogart Retail Space

      11,000 SF Vacant Auto Shop/Storefront
      4250 Atlanta Hwy, Bogart, GA 30622
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 1769 sq ft, High-End Finishes, Great Location
    Where is this commercial real estate located?
    The property is located at 1060 Garland Dr Bogart, GA.
    What is the asking price?
    The asking price for this property is $450,000.
    (706) 553-1000
    Request Owner's contact information
    1060 Garland Dr Bogart, GA 30622
    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.
    1060 Garland Dr
    Bogart, GA 30622
    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
    1060 Garland Dr Bogart, GA 30622
    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
    Brian Elrod
    (706) 553-1000
    Learn more
    Google sign-in failed. Please try again or use another login method.