Build-to-Suit Office
For Sale
$900,000
2053 Experiment Station Road, Watkinsville, GA 30677
Commercial Sale, Watkinsville, GA
Property Size6,000 SF
Lot Size0.14 Acres
Price / SF$150
Days on Market428
Property Features for 2053 Experiment Station Road
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Directions
From U.S. 129 S/U.S. 441 S/Georgia 10 Loop S/GA-15 S ramp. Merge onto GA-15 S/US-129 S/US-29 S/US-441 S. Take exit 4A. Turn right onto Hog Mountain Rd. Turn left on Hog Mountain Rd. Turn left on Experiment Station Rd. Turn Right. Turn left
Standard status
Active
APN
B 06M 900
Lot size
0.14 Acres
Taxes and HOA fees
Tax Description
2021/86
HOA Fee
$1,819 Monthly
Legal Description
2021/86
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
2025
Floors in Building
1
Building materials
Brick
Listing Agency:
Georgia Home Partners Realty
(706) 614-3043
Listed By:
Danielle Grier · License #359041
(706) 424-2568
Added: Aug 13, 2025
Changed: Aug 19
Last Checked: Oct 14 at 12:06PM
MLS# CL337145
Copyright © 2026 Hive MLS. 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 under-construction office property is planned as a build-to-suit facility, allowing the interior arrangement to be tailored to the intended business use. The design can also support division into two separate units, providing configuration flexibility for professional offices, medical practices, or other commercial uses. Brick is specified among the construction materials, with completion scheduled for 2025.
The property is located at 2053 Experiment Station Road in Watkinsville, within Oconee County. It is served by public water and public sewer and carries OIP zoning. The site encompasses 0.14 acres.
The property is located at 2053 Experiment Station Road in Watkinsville, within Oconee County. It is served by public water and public sewer and carries OIP zoning. The site encompasses 0.14 acres.
Key Highlights
- Build‑to‑suit office property under construction
- Flexible design can accommodate division into two units
- OIP zoning in Watkinsville, GA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,760
Cap Rate
8.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,555,200
$1.6M
Cap Rate 7%
$1,110,857
$1.1M
Cap Rate 9%
$864,000
$864.0K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$144.0K $24.00/SF
− Vacancy
−$14.4K −$2.40/SF
EGI
$129.6K $21.60/SF
− OpEx
−$51.8K −$8.64/SF
NOI
$77.8K $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%
$1,555,200
Cap Rate 7%
$1,110,857
Cap Rate 9%
$864,000
Alternative Uses
Best Use
Healthcare Medical
$1.11M
$972.0K – $1.30M
NOI $77,760 @ 7.0% cap · market cap 8.64%
Second Best
Office B
$1.11M
$970.8K – $1.29M
NOI $77,663 @ 7.0% cap · market cap 8.63%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,249 @ 7.0% cap · market cap 11.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
445
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Under-construction office property with OIP zoning and a layout that can accommodate professional or medical users.
Where is this office building located?
The property is located at 2053 Experiment Station Road Watkinsville, GA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Build‑to‑suit office property under construction; Flexible design can accommodate division into two units; OIP zoning in Watkinsville, GA
