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    Built-Out Medical Office Facility Title is generated by Realmo AI

    1500 Langford Drive Building 200, Watkinsville, GA 30677

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

    Type:Office, Business for Sale
    Property size:
    12,300 SF
    Price / SF:
    $330/SF
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 3:16 am

    Property Features for 1500 Langford Drive Building 200

    General Information

    Standard status
    Active
    Size
    12,300 SF
    Property subtype
    Office, Business for Sale

    Building Details

    Year Built
    2008

    We can help!

    Listing Contact
    Josh Chandler
    Josh Chandler

    Listing agent Josh Chandler License #GA 434395

    Listing office Athens Real Estate Group

    Listing date Jun 3, 2026

    Source Crexi

    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

    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
    • Central procedure rooms with adjacent recovery areas, offering the ability to transition to a surgery‑center style setup
    • On‑site administrative and staffing space in an open layout for flexible practice‑specific buildout
    • Ample parking in a two‑building condo property with convenient access via US Hwy 316

    Overview

    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.
    Location Intelligence

    Current Use by Public Records

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

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Watkinsville
    County
    Oconee
    State
    Georgia
    Longitude
    -83.3695
    Latitude
    33.7966

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    FAQs

    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 $4,060,000.
    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
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Josh Chandler
    Josh Chandler
    Real Estate License ID: GA 434395
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    1500 Langford Drive, Building 200, Watkinsville, GA 30677
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