Retail Storefront with High
1431 Capital Avenue, Watkinsville, GA 30677
For Sale
$350,000
Commercial Sale, Watkinsville, GA
Property Size1,401 SF
Lot Size0.03 Acres
Price / SF$249.82
Days on Market184
Property Features for 1431 Capital Avenue
General Information
Property type
Property subtype
Bathrooms
Half bathrooms
Rooms
Window features
Interior features
Accessibility
Appliances
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
HOA Fee
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Flooring type
Building materials
Listing Agency:
BHHS Georgia Properties (Athen
(706) 613-6040
Listed By:
Heather McElroy · License GA #274191
(706) 206-5282
Added: May 12
Changed: Nov 4
Last Checked: Nov 11 at 2:06PM
MLS# CL355244
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,401-square-foot retail storefront, built in 2008, is located within Market Center and offers a practical layout for customer-facing use. French doors with transoms and two large storefront windows provide natural light, while high ceilings and sealed concrete floors add distinctive interior features. The space includes five dressing rooms, a half bathroom, and an office with rear entry.
The property is at 1431 Capital Avenue in Watkinsville, Georgia. 2024 GDOT AADT is 14,100. Building features include brick construction, central heating and cooling, an electric water heater, public water, public sewer, and an accessible approach with ramp.
The property is at 1431 Capital Avenue in Watkinsville, Georgia. 2024 GDOT AADT is 14,100. Building features include brick construction, central heating and cooling, an electric water heater, public water, public sewer, and an accessible approach with ramp.
Key Highlights
- 1,401 SF retail storefront in Market Center
- Five dressing rooms, half bathroom, and office with rear entry
- French doors with transoms and two large storefront windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,834
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,680
$316.7K
Cap Rate 7%
$226,200
$226.2K
Cap Rate 9%
$175,933
$175.9K
Market Conditions
NOI Build-Up for 1,401 SF
Gross rent
$25.2K $18.00/SF
− Vacancy
−$2.6K −$1.85/SF
EGI
$22.6K $16.15/SF
− OpEx
−$6.8K −$4.84/SF
NOI
$15.8K $11.30/SF
Area
Oconee County, GA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,680
Cap Rate 7%
$226,200
Cap Rate 9%
$175,933
Alternative Uses
Best Use
Retail
$226.2K
$197.9K – $263.9K
NOI $15,834 @ 7.0% cap · market cap 4.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$337.7K
$295.5K – $394.0K
NOI $23,642 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
14,100 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
416
Businesses Nearby
2k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Marco's Pizza
Dining
1,825 visits/mo
0.4 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - Market Center space features natural light, dressing rooms, an office, and rear access.
Where is this storefront property located?
The property is located at 1431 Capital Avenue Watkinsville, GA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,401 SF retail storefront in Market Center; Five dressing rooms, half bathroom, and office with rear entry; French doors with transoms and two large storefront windows
