Built-Out Medical Office
1500 Langford Drive Building 200 Watkinsville, GA 30677
1500 Langford Drive Building 200, Watkinsville, GA, 30677
Contact for pricing
For Sale
Contact for pricing
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$330.08
Days on Market50
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
Listing agency
Athens Real Estate Group
(706) 207-2521
Listed by
Josh Chandler · License #GA 434395
Source
Crexi
Added: Jun 3 Updated: Jul 10 at 1:50PM Checked: Jul 22 at 11:30AM
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
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.
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
Local Financial Insights For Healthcare Medical
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 | $295.2k | $24.00 |
| − Vacancy | −$29.5k | −$2.40 |
| EGI | $265.7k | $21.60 |
| − OpEx | −$106.3k | −$8.64 |
| NOI | $159.4k | $12.96 |
12,300 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$2.28M
$1.99M – $2.66M
NOI $159,408 @ 7.0% cap · market cap 3.93%
Second Best
Office B
$2.27M
$1.99M – $2.65M
NOI $159,209 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$2.97M
$2.59M – $3.46M
NOI $207,561 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
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
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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