Flex Building With Office
New
For Sale
$1,215,000
1052 Moreland Heights Road, Watkinsville, GA 30677
Approved plans provide three adaptable suites for office, warehousing, studio, or storage functions.
Property Size2,025 SF
Price / SF$135
Days on Market6
Property Features for 1052 Moreland Heights Road
General Information
Standard status
Active
Size
2,025 SF
Property subtype
Other
Additional Details
Office Units
3
Amenities
manicured landscaping
8.37 acres, Business Park
Metal
Public Sewer
Central Air
Central
Cumulative Days on Market: 1, First day on market, On Market Date: 2026-07-30
Parking Total: 10, Parking Lot
Built in 2025, Brick, Mixed Use
County: Oconee
New Construction
220 Volts, Electricity Available, Phone Available, Public
Fire Sprinkler System
Building Details
Building Size
2,025 SF
Year Built
2025
Listing Agency:
1017 Realty
(770) 864-8597
Listed By:
Jordyn Lill
(770) 864-8597
Source:
Blackstreaminternational
Added: Jul 30
Changed: Aug 2
Last Checked: Aug 4 at 4:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 1017 Realty
Investment Insights
Based on property information with market context.
This 2025 flex property is planned around three separate 3,000-square-foot suites, each incorporating a 600-square-foot office build-out. The suites may also be combined through custom plans, allowing the interior configuration to align with the intended operation. Supported use concepts include office, warehousing, studio, and storage space.
The property is part of Moreland Heights Business Park in Watkinsville, Georgia, near Downtown Watkinsville. Designated parking areas serve each building, while landscaped common areas contribute to the business park setting. The planned 9,000-square-foot flex building offers a combination of office and functional commercial space within a recently developed business park environment.
The property is part of Moreland Heights Business Park in Watkinsville, Georgia, near Downtown Watkinsville. Designated parking areas serve each building, while landscaped common areas contribute to the business park setting. The planned 9,000-square-foot flex building offers a combination of office and functional commercial space within a recently developed business park environment.
Key Highlights
- Approved plans for three separate 3,000 sq ft suites
- Each suite includes a 600 sq ft office space build‑out
- Suites can be combined using custom plans
Financial Insights For Warehouse
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 | $85.3k | $9.48 |
| − Vacancy | −$7.6k | −$0.84 |
| EGI | $77.7k | $8.64 |
| − OpEx | −$11.7k | −$1.30 |
| NOI | $66.1k | $7.34 |
9,000 SF · lease $9.48/SF/yr · vacancy 8.90% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.66M
$1.46M – $1.94M
NOI $116,494 @ 7.0% cap · market cap 9.59%
Second Best
Warehouse
$943.8K
$825.9K – $1.10M
NOI $66,068 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$2.17M
$1.90M – $2.53M
NOI $151,874 @ 7.0% cap · market cap 12.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Office units
Location Intelligence
Trade Area within ½ mile
59
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30677, GA
20,579
Population
7,797
Households
2.6
Avg Household Size
41
Median Age
55%
College-Educated
97%
High-School Grad
122.2 sq mi
ZIP Area
168
Density / Sq Mi
$103,165
Median Household Income
$49,399
Median Earnings
$1,403
Median Rent
$394,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Approved plans provide three adaptable suites for office, warehousing, studio, or storage functions.
Where is this flex space located?
The property is located at 1052 Moreland Heights Road Watkinsville, GA.
What is the asking price?
The asking price for this property is $1,215,000.
What are key features of this property?
This property features: Approved plans for three separate 3,000 sq ft suites; Each suite includes a 600 sq ft office space build‑out; Suites can be combined using custom plans
