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    4611 Monroe Hwy - Hwy Watkinsville, GA 30622

    For Sale
    $2,000,000

    High-traffic location, excellent development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 4-acre commercial and industrial land parcel, identified as Parcel C, presents a remarkable investment opportunity in Oconee County, Georgia. Located at the intersection of Highway 78 and Highway 53, this strategically positioned property boasts unparalleled access to major transportation arteries. Highway 78, a four-lane highway, provides direct connections to Athens, Monroe, and Atlanta, ensuring high visibility and convenient access for businesses. Highway 53 offers easy access to SR 316 and Watkinsville. The property is situated approximately 8.5 miles from Athens and 45 miles from I-285, further enhancing its accessibility and appeal. Zoned AG, this land is ideally suited for a variety of commercial and industrial uses. Sewer availability is a significant advantage. The property is adjacent to a large, new DR Horton 445-acre commercial and residential development, indicating strong growth and future potential in the area. The asking price is $2,000,000, representing a price per acre of $500,000. The APN is A 02 013F. This is a rare opportunity to acquire a sizable parcel in a rapidly developing area with excellent infrastructure and connectivity.

    Property Features for 4611 Monroe Hwy - Hwy

    General Information

    Property type
    Land
    Lot Size
    174,240 SF

    HighLights

    • 4‑acre commercial/industrial land parcel in Oconee County, GA.
    • Prime location at Hwy 78 & Hwy 53 intersection, offering easy access to Athens, Monroe, Atlanta, SR 316, and I‑285.
    • Zoned AG, suitable for various commercial and industrial uses; sewer available.
    • Adjacent to a large new 445‑acre commercial/residential development.
    • Asking price: $2,000,000 ($500,000/acre); APN: A 02 013F.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Watkinsville
    County
    Oconee
    State
    Georgia
    Longitude
    -83.57512
    Latitude
    33.89923

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    FAQs

    What type of property is this?
    Land - High-traffic location, excellent development potential.
    Where is this land located?
    The property is located at 4611 Monroe Hwy - Hwy Watkinsville, GA.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: 4-acre commercial/industrial land parcel in Oconee County, GA.; Prime location at Hwy 78 & Hwy 53 intersection, offering easy access to Athens, Monroe, Atlanta, SR 316, and I-285.; Zoned AG, suitable for various commercial and industrial uses; sewer available.
    Request Owner's contact information
    4611 Monroe Hwy - Hwy Watkinsville, GA 30622
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    Watkinsville, GA 30622
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    Realmo Value Estimation

    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.

    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.

    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
    4611 Monroe Hwy - Hwy Watkinsville, GA 30622
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