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Build-to-Suit Office Building
For Sale
$900,000

900-2053 Experiment Station Rd, Watkinsville, GA 30677

Build-to-suit office property in Watkinsville, zoned OIP, with the option to divide into two units.

Property Size6,000 SF
Price / SF$150
Days on Market435

Property Features for 900-2053 Experiment Station Rd

General Information

Standard status Active
Size 6,000 SF
Zoning OIP

Taxes and HOA fees

Annual Taxes $1,000
Listing Agency: Georgia Home Partners Realty
Listed By: Danielle Grier · License #359041
Source: Exprealty
Added: Aug 13, 2025 Changed: Oct 13 Last Checked: Oct 21 at 2:30AM

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 Georgia Home Partners Realty

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Investment Insights

Based on property information with market context.

This 6,000-square-foot build-to-suit office property in Watkinsville offers a flexible layout designed to support a tailored commercial build. The space can be configured to serve as a single unit or divided into two separate units if needed.

The property is located at 900-2053 Experiment Station Rd in Oconee County and is zoned OIP. The seller notes suitability for professional offices, medical practices, or other commercial uses.

If you are looking for an office building with customization options and the ability to plan for one or two suites, this property provides a straightforward foundation for your intended use within the OIP zoning framework.

Key Highlights

  • 6,000 SF build‑to‑suit commercial property in Watkinsville
  • Property offers the option to divide into two units if needed
  • Zoned OIP

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 (±1% cap)
NOI $77,760 @ 7.0% cap · market cap 8.64%
Second Best
Office B
$1.11M
$970.8K – $1.29M (±1% cap)
NOI $77,663 @ 7.0% cap · market cap 8.63%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M (±1% cap)
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

Current Use

Office Units

Suggested Use

Top Pick Dental Office Building Supply Auto Repair Shop Real Estate Agency Big Box & Wholesale Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

354
Businesses Nearby

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Build-to-suit office property in Watkinsville, zoned OIP, with the option to divide into two units.
Where is this office unit located?
The property is located at 900-2053 Experiment Station Rd 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: 6,000 SF build‑to‑suit commercial property in Watkinsville; Property offers the option to divide into two units if needed; Zoned OIP
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