End-Unit Office
For Sale
$155,000
1551 Jennings Mill Road #2800C, Watkinsville, GA 30677
Single-level suite includes private offices, reception, storage, and an ADA-accessible restroom.
Property Size1,997 SF
Price / SF$222.06
Days on Market87
Property Features for 1551 Jennings Mill Road #2800C
General Information
Standard status
Active
Size
1,997 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Office Units
1
Amenities
vaulted ceilings
large arched windows
handicap accessibility
ADA-accessible restroom
crown molding
carpet flooring
ceiling fan
0.02 acres, Business Park, Corner Lot
Composition
Septic Tank
Parcel Number: C 01P 028C, Annual Amount: $1,121.21, Year: 2025
Carpet
Central Air
Central
Listing ID: 10822465, Standard Status: Active, MLS Status: Active, On market as of 2026-08-10, 85 days on market
Community Structure, Parking Lot
Built in 1997, Construction Materials: Brick
County/Parish: Oconee
Resale
Electricity Available, High Speed Internet, Phone Available, Water Available, Water Source: Public
Close Of Escrow
Accessible Approach with Ramp, Accessible Entrance, Accessible Hallway(s)
Building Details
Building Size
1,997 SF
Year Built
1997
Stories
1
Construction
brick
Tenancy
Single
Listing Agency:
LPT Realty
(877) 366-2213
Listed By:
Timothy Carithers · License #404881
(706) 818-0813
Source:
Blackstreaminternational
Added: Aug 10
Changed: Nov 3
Last Checked: Nov 3 at 8:15AM
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 LPT Realty
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Investment Insights
Based on property information with market context.
This 698 SF office condo is a single-level end unit with two private offices, a reception area, a dedicated storage room, and an ADA-accessible restroom with grab bar. The interior includes vaulted ceilings, arched windows, crown molding, carpet flooring, and a ceiling fan. Built in 1997, the suite provides a compact professional layout for office-based use.
The property is located at 1551 Jennings Mill Road in Watkinsville, with access to Epps Bridge Parkway, GA 316, and downtown Athens. Shared parking serves the office community, and the suite is positioned near retail, dining, and the Oconee County residential base.
The property is located at 1551 Jennings Mill Road in Watkinsville, with access to Epps Bridge Parkway, GA 316, and downtown Athens. Shared parking serves the office community, and the suite is positioned near retail, dining, and the Oconee County residential base.
Key Highlights
- 698 SF end‑unit office condo at 1551 Jennings Mill Road
- Two private offices plus reception, storage, and restroom areas
- Single‑level layout with ADA‑accessible restroom and grab bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,035
Cap Rate
5.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$180,700
$180.7K
Cap Rate 7%
$129,071
$129.1K
Cap Rate 9%
$100,389
$100.4K
Market Conditions
NOI Build-Up for 698 SF
Gross rent
$15.1K $21.60/SF
− Vacancy
−$3.0K −$4.34/SF
EGI
$12.0K $17.26/SF
− OpEx
−$3.0K −$4.31/SF
NOI
$9.0K $12.94/SF
Area
Oconee County, GA
Vacancy
20.10%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$180,700
Cap Rate 7%
$129,071
Cap Rate 9%
$100,389
Alternative Uses
Best Use
Office B
$129.1K
$112.9K – $150.6K
NOI $9,035 @ 7.0% cap · market cap 5.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$168.3K
$147.2K – $196.3K
NOI $11,779 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Single-level suite includes private offices, reception, storage, and an ADA-accessible restroom.
Where is this office unit located?
The property is located at 1551 Jennings Mill Road #2800C Watkinsville, GA.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: 698 SF end‑unit office condo at 1551 Jennings Mill Road; Two private offices plus reception, storage, and restroom areas; Single‑level layout with ADA‑accessible restroom and grab bar
