Barn-Style Retail
90 S 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 Market3
Property Features for 90 S 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 12
Last Checked: Nov 12 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.
At 90 S Barnett Shoals Road, this 2,208-square-foot retail property occupies 1.1 acres. Built in 2006, the barn-style structure has three bathrooms and a metal roof. Central electric heating and cooling serve the building, with public water service. The property also has three commercial leases on a month-to-month basis.
The site is on Barnett Shoals Road in Watkinsville, between Wire Park, Oconee County Industrial Park, and Historic Downtown Watkinsville.
The site is on Barnett Shoals Road in Watkinsville, between Wire Park, Oconee County Industrial Park, and Historic Downtown Watkinsville.
Key Highlights
- Three commercial leases with month‑to‑month terms
- 2,208 square feet on 1.1 acres
- Built in 2006; barn‑style building with metal roof
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 commercial tenants currently occupy the building under month-to-month leases.
Where is this retail space located?
The property is located at 90 S 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 with month‑to‑month terms; 2,208 square feet on 1.1 acres; Built in 2006; barn‑style building with metal roof
