Retail Storefront with Dressing
107-1431 Capital Ave Watkinsville, GA 30677
107-1431 Capital Ave, Watkinsville, GA, 30677
$375,000
For Sale
$375,000
Standalone retail storefront offers natural light, high ceilings, sealed concrete floors, and interior dressing rooms and office.
Property Size1,401 SF
Price / SF$267.67
Days on Market68
Property Features for 107-1431 Capital Ave
General Information
- Standard status
- Active
- Size
- 1,401 SF
Listing Agency
BHHS Georgia Properties (Athen
(706) 206-5282
Listed by
Heather McElroy · License #274191
(706) 206-5282
Source
Exprealty
Added: May 12 Checked: Jul 18 at 2:04 am
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 BHHS Georgia Properties (Athen
Investment Insights
Based on property information with market context.
This retail storefront space is approximately 1,400 square feet and features French doors with transoms flanked by two large storefront windows for natural light. Inside, the space includes high ceilings and sealed concrete floors. The current layout offers five dressing rooms, a half bathroom, and an office served by a rear entry.
The property is located in a market center on Capital Avenue in Watkinsville, Georgia. Public remarks reference 2024 GDOT AADT of 14,100.
Showings are available by appointment only.
The property is located in a market center on Capital Avenue in Watkinsville, Georgia. Public remarks reference 2024 GDOT AADT of 14,100.
Showings are available by appointment only.
Key Highlights
- Approximately 1,400 SF standalone retail storefront in Market Center on Capital Avenue
- French doors with transoms flanked by two large storefront windows for natural light
- High ceilings and sealed concrete floors
Local Financial Insights For Retail
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 | $25.2k | $18.00 |
| − Vacancy | −$2.6k | −$1.85 |
| EGI | $22.6k | $16.15 |
| − OpEx | −$6.8k | −$4.84 |
| NOI | $15.8k | $11.30 |
1,401 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$226.2K
$197.9K – $263.9K
NOI $15,834 @ 7.0% cap · market cap 4.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$337.7K
$295.5K – $394.0K
NOI $23,642 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Storefront property - Standalone retail storefront offers natural light, high ceilings, sealed concrete floors, and interior dressing rooms and office.
Where is this storefront property located?
The property is located at 107-1431 Capital Ave Watkinsville, GA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Approximately 1,400 SF standalone retail storefront in Market Center on Capital Avenue; French doors with transoms flanked by two large storefront windows for natural light; High ceilings and sealed concrete floors
