Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1867 Watson Blvd Warner Robins, GA 31093

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Former quick service restaurant with drive-thru and outdoor seating.

    Type:Retail
    Property size:
    4,042 SF
    Added:
    Feb 28, 2023
    Days on Market:
    1142
    Last Refresh:
    Mar 17 at 1:23 pm

    Property Features for 1867 Watson Blvd

    General Information

    Standard status
    Active
    Size
    4,042 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1991

    We can help!

    Listing Contact
    Daniel Duque

    Listing agent Daniel Duque License #GA 401653

    Listing office CBRE Atlanta

    Listing date Feb 28, 2023

    Source Crexi

    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 CBRE Atlanta

    Overview

    Restaurant Space in International Square

    Located in International Square, this property is a former quick service restaurant situated at the main entrance to the shopping center. The shopping center averages 400,200 visits annually. The property includes a drive-thru and outdoor seating. It is located within two minutes of Houston Health Care Hospital, and Robins Airforce Base is three miles to the east of the site. The property is suitable for drive-through restaurants, restaurants, retail space, retail properties, and general commercial real estate use. The property size is 4042 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Health Tech of Georgia Vocational School

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Warner Robins
    County
    Houston
    State
    Georgia
    Longitude
    -83.639655
    Latitude
    32.618152

    Nearby Similar for Sale

    • $550,000
      2,280 SF

      Warner Robins Commercial Office Building

      Commercial building suitable for business relocation or new ventures.
      327 Margie Drive, Warner Robins, GA 31088
      View Details
    • $550,000
      2,280 SF

      Warner Robins Commercial Office Building

      Office building with multiple spaces and conference room in Georgia.
      327 Margie Drive, Warner Robins, GA 31088
      View Details
    • $1,700,000
      7,200 SF

      Spacious Medical Building Near Emory

      Versatile medical building near Emory Hospital with room to grow.
      105 Briarcliff Road, Warner Robins, GA 31088
      View Details
    • $345,000
      2,363 SF

      Warner Robins Commercial Property For Sale

      Two-story commercial building on a highly visible corner lot.
      420 Corder Road, Warner Robins, GA 31088
      View Details
    • $252,000
      2,673 SF

      Warner Robins Commercial Opportunity

      2,673 sq ft building suitable for medical or professional use.
      1037 N Houston Road, Warner Robins, GA 31093
      View Details
    • $450,000
      4,400 SF

      Office Building in Warner Robins

      Office building with expansion potential in Warner Robins, Georgia.
      403 1/2 S Pleasant Hill Road, Warner Robins, GA 31093
      View Details
    • $1,700,000
      7,200 SF

      Spacious Medical Building Near Emory

      Versatile medical facility near Emory Hospital with room to grow.
      105 Briarcliff Road, Warner Robins, GA 31088-0000
      View Details
    • $2,000,000
      21,470 SF

      Versatile Commercial Property in Warner Robins

      9.4-acre commercial property with office and industrial buildings, great location.
      441 Dunbar Road, Warner Robins, GA 31093
      View Details
    • $1,200,000
      5,016 SF

      Medical Office on Russell Parkway

      Commercial property with physician office setup and additional buildable lot.
      1260 Russell Parkway, Warner Robins, GA 31088-5540
      View Details
    • $2,500,000
      9,450 SF

      Warner Robins Commercial Office Building

      9,450 sq ft commercial building in high-traffic area.
      103 Westridge Drive, Warner Robins, GA 31088
      View Details
    • $2,300,000

      Gas Station with Rental Income

      Prime location gas station with additional rental income.
      800 Elberta Road, Warner Robins, GA 31093
      View Details
    • $2,500,000
      12,000 SF

      Medical Facility on Houston Lake

      Medical facility with 22 exam rooms available for sale.
      200 S. Houston Lake Road, Warner Robins, GA 31088-6553
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - Former quick service restaurant with drive-thru and outdoor seating.
    Where is this drive through restaurant located?
    The property is located at 1867 Watson Blvd Warner Robins, GA.
    What are key features of this property?
    This property features: High annual traffic (400,200 visits) due to location in International Square shopping center.; Drive‑thru and outdoor seating available.; Located at the main entrance of the shopping center.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Daniel Duque
    Real Estate License ID: GA 401653
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!