2305 Watson Blvd Warner Robins, GA 31093-2957
- Auto shops
- 3,902 SF
- 1.17 lot acres
Current Use by Public Records
- Grease Monkey / Auto Repair Shop / Oil Change Service
- iSmart Self Storage / Self-Storage Facility
Property Details for 2305 Watson Blvd
- Year built
- 2002
- Construction
- STEEL FRAME
- Lot size
- 1.17 lot acres
- Property size
- 3,902 SF
- Zone code
- C2
- Property type
- Auto shops
- APN
- 0W79C0 042000
- APU
- 0W79C0042000
Description
This exceptional investment opportunity presents a 4,885 square foot retail building located at 2305 Watson Blvd, Warner Robins, Georgia, 31093. The property boasts a strong 6.65% cap rate and features a versatile design including two drive-thru bays, ideal for automotive-related businesses. Currently occupied under new leases with a weighted average lease term (WALT) of 9.5 years, the property offers a passive, absolute NNN lease structure, eliminating landlord responsibilities. Rent escalations of 10% every five years throughout the base term and each option period provide an inflation hedge. The property benefits from high visibility on Watson Boulevard, with approximately 35,974 vehicles passing daily. The robust retail market in Warner Robins features 10.9 million square feet of retail space and a low vacancy rate of 3.8%. Nearby retail anchors include Home Depot, Walmart, Lowe's, Target, Academy Sports, and Hobby Lobby, ensuring significant foot traffic. Furthermore, the property's proximity to Robins Air Force Base, the largest single-site industrial complex in Georgia, with a workforce exceeding 122,000, contributes to its strong economic foundation. The base's significant economic impact on the region further enhances the property's investment potential. Several nearby multi-family developments, including Legends at Town Place, The Flats at Lakeview, Beacon Place Apartments (Phase 2), and Belair Commons, are adding to the area's growth and population. The building was constructed in 2024/2025. The asking price is $2,256,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $300,000
- 6.5%
- $295,000
- 7%
- $290,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $285,000
- Geo Method
- $285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $250,000
- Retail
- $285,000
- Mixed-Use
- $280,000
- Hospitality
- $250,000
- Educational
- $235,000
- Residential Income
- $240,000
- Energy
- $310,000
- Income-Based Land
- $245,000
- Food Service
- $310,000
Location Insight
- Map
- Local Demand
- City
- Warner Robins
- County
- Houston
- State
- Georgia
- Longitude
- -83.662
- Latitude
- 32.6177
- CBSA code
- 47580
- CBSA name
- WARNER ROBINS, GA METROPOLITAN STATISTICAL AREA
