Storefront Retail
For Sale
$350,000
1431 Capital Avenue #107, Watkinsville, GA 30677
Watkinsville, GA
Property Size1,401 SF
Lot Size0.03 Acres
Price / SF$249.82
Days on Market152
Property Features for 1431 Capital Avenue #107
General Information
Property type
Commercial Sale
Property subtype
Retail
Bathrooms
1
Half bathrooms
1
Standard status
Active
Size
1,401 SF
Lot size
0.03 Acres
Amenities
French doors with transoms
large storefront windows
high ceilings
sealed concrete floors
5 dressing rooms
1/2 bathroom
office with rear entry
Building Details
Year built
2008
Listing Agency:
Athens Office · Berkshire Hathaway HomeServices
(706) 613-6040
Listed By:
Heather McElroy · License #274191
(706) 206-5282
Added: May 12
Changed: Oct 6
Last Checked: Oct 10 at 6:06AM
MLS# CL355244
Copyright © 2026 Berkshire Hathaway HomeServices Georgia Properties. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,401-square-foot storefront retail suite is located within Market Center and was built in 2008. The interior features high ceilings, sealed concrete floors, French doors with transoms, and two storefront windows that provide abundant daylight. The existing layout includes five dressing rooms, a half bathroom, and an office with access from the rear.
The property is positioned on Capital Avenue in Watkinsville, with 2024 GDOT AADT recorded at 14,100 vehicles. The suite is identified as 1431 Capital Avenue #107 and is available for showings by appointment.
The property is positioned on Capital Avenue in Watkinsville, with 2024 GDOT AADT recorded at 14,100 vehicles. The suite is identified as 1431 Capital Avenue #107 and is available for showings by appointment.
Key Highlights
- 1,401 SF storefront retail suite in Market Center
- Built in 2008
- French doors with transoms and 2 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.
Property Analytics
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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
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Frequently Asked Questions
What type of property is this?
Storefront property - Light-filled retail suite with customer dressing rooms, a private office, rear access, and polished concrete flooring.
Where is this storefront property located?
The property is located at 1431 Capital Avenue #107 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 storefront retail suite in Market Center; Built in 2008; French doors with transoms and 2 storefront windows
