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Built-Out Medical Office Facility
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1500 Langford Drive Building 200, Watkinsville, GA 30677

Single-story medical facility with 16 exam rooms, private pod hallways, and procedure/recovery space for flexible healthcare use.

Property Size12,300 SF
Price / SF$284.55
Days on Market141

Property Features for 1500 Langford Drive Building 200

General Information

Standard status Active
Size 12,300 SF
Class B
Property subtype Office, Business for Sale
Zoning B-2
Investment Type Owner/User

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2008
Year Renovated 2015
Buildings 1
Stories 1
Units 57
Tenancy Single
Listing Agency: Athens Real Estate Group
Listed By: Josh Chandler · License #GA 434395
Source: Crexi
Added: Jun 3 Changed: Oct 2 Last Checked: Oct 20 at 9:13PM

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 Athens Real Estate Group

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Investment Insights

Based on property information with market context.

This fully built-out, single-story medical facility totals 12,300 SF and is organized in a “POD” style configuration with 16 exam rooms split among four individual pods. Each pod is served by a private hallway that includes a dedicated office and nurse’s station, supporting efficient clinical workflow within the building. Centrally located are two procedure rooms with adjacent recovery areas, designed to support either an existing practice model or an alternative operation such as a surgery center with secondary exit for post-op discharge. Additional open-layout administrative and staffing space is available throughout, providing room for modified buildout based on provider needs.

The property is located within the 316 Professional Quarter in Oconee County, GA, at 1500 Langford Drive, Building 200. Parking is provided within a two-building condo property, and access to and from Athens/Atlanta is described as convenient via US Hwy 316.

As a turn-key option for healthcare providers, the layout supports both exam-based visits and procedures with recovery areas. The established configuration and the available administrative space can also support providers seeking flexibility to adapt the buildout to their specific practice requirements within a dedicated medical setting.

Key Highlights

  • 12,300 SF single‑story medical facility built in 2008 within the 316 Professional Quarter in Oconee County, GA
  • 16 exam rooms in a POD‑style layout, split across four pods with private hallway access
  • Each pod hallway includes a dedicated office and nurse’s station for day‑to‑day clinical workflow

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$159,408
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,188,160 $3.2M
Cap Rate 7%
$2,277,257 $2.3M
Cap Rate 9%
$1,771,200 $1.8M
Market Conditions
NOI Build-Up for 12,300 SF
Gross rent
$295.2K $24.00/SF
− Vacancy
−$29.5K −$2.40/SF
EGI
$265.7K $21.60/SF
− OpEx
−$106.3K −$8.64/SF
NOI
$159.4K $12.96/SF
Area
Oconee County, GA
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,188,160
Cap Rate 7%
$2,277,257
Cap Rate 9%
$1,771,200

Alternative Uses

Best Use
Healthcare Medical
$2.28M
$1.99M – $2.66M (±1% cap)
NOI $159,408 @ 7.0% cap · market cap 4.55%
Second Best
Office B
$2.27M
$1.99M – $2.65M (±1% cap)
NOI $159,209 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$2.97M
$2.59M – $3.46M (±1% cap)
NOI $207,561 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Ellis Pain Center Physician Pediatric Partners LLC Pediatrician Ingrid R. Newman, ... Pediatrician JEREMY BAGGE Physician Amber Johnson Physician

Lease Details

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Medical center - Single-story medical facility with 16 exam rooms, private pod hallways, and procedure/recovery space for flexible healthcare use.
Where is this medical center located?
The property is located at 1500 Langford Drive Building 200 Watkinsville, GA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 12,300 SF single‑story medical facility built in 2008 within the 316 Professional Quarter in Oconee County, GA; 16 exam rooms in a POD‑style layout, split across four pods with private hallway access; Each pod hallway includes a dedicated office and nurse’s station for day‑to‑day clinical workflow
(706) 207-2521 Call to check price and availability
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