Retail Property with Existing
90 Barnett Shoals Road, Watkinsville, GA 30677
For Sale
New
$599,000
Commercial Sale, Watkinsville, GA
Property Size2,208 SF
Lot Size1.10 Acres
Price / SF$271.29
Days on Market2
Property Features for 90 Barnett Shoals Road
General Information
Property type
Property subtype
Appliances
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Roof type
Buildings
Listing Agency:
Corcoran Classic Living
(706) 559-4520
Listed By:
William Shivers · License GA #441178
(229) 402-8737
Added: Nov 10
Changed: Nov 11
Last Checked: Nov 11 at 2:06PM
MLS# CL367879
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 2,208-square-foot retail property occupies 1.1 acres and was built in 2006. Its barn-style building has three bathrooms, a metal roof, central heating and cooling, and on-site parking. Public water serves the property; the sewer information is inconsistent, so it is not specified here. Three commercial leases are currently in place on a month-to-month basis.
At 90 Barnett Shoals Road in Watkinsville, the property is near Wire Park, Oconee County Industrial Park, and Historic Downtown Watkinsville. Barnett Shoals Road frontage provides direct exposure to the roadway.
At 90 Barnett Shoals Road in Watkinsville, the property is near Wire Park, Oconee County Industrial Park, and Historic Downtown Watkinsville. Barnett Shoals Road frontage provides direct exposure to the roadway.
Key Highlights
- Three commercial leases currently operate on a month‑to‑month basis
- 2,208 square feet on 1.1 acres
- Three bathrooms and on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,955
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,100
$499.1K
Cap Rate 7%
$356,500
$356.5K
Cap Rate 9%
$277,278
$277.3K
Market Conditions
NOI Build-Up for 2,208 SF
Gross rent
$39.7K $18.00/SF
− Vacancy
−$4.1K −$1.85/SF
EGI
$35.7K $16.15/SF
− OpEx
−$10.7K −$4.84/SF
NOI
$25.0K $11.30/SF
Area
Oconee County, GA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,100
Cap Rate 7%
$356,500
Cap Rate 9%
$277,278
Alternative Uses
Best Use
Retail
$356.5K
$311.9K – $415.9K
NOI $24,955 @ 7.0% cap · market cap 4.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$532.3K
$465.8K – $621.0K
NOI $37,260 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
419
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Three month-to-month commercial leases are in place at this Watkinsville property.
Where is this retail space located?
The property is located at 90 Barnett Shoals Road Watkinsville, GA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Three commercial leases currently operate on a month‑to‑month basis; 2,208 square feet on 1.1 acres; Three bathrooms and on‑site parking
