Commercial Real Estate Market in Watkinsville, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
54 active listings and 828 off-market properties in Watkinsville, GA. Commercial property asks $227/SF to buy and $18.69/SF/Yr to lease.
Market Trends
Watkinsville, GA spans 122.2 square miles in Oconee County, Georgia. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Watkinsville, GA has a median asking sale price of $218/SF. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Watkinsville, GA has a median asking sale price of $250/SF (based on 7 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Watkinsville, GA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Watkinsville, GA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 64%
- Commercial 9.4%
- Agricultural 8.2%
- Civic 7.7%
- Industrial 7.7%
- Mixed use 2.4%
Largest Zones share of zoned land by district
Watkinsville, GA zones 2,148 acres across 12 districts. Commercial zoning covers 9.4% of zoned land, residential 64% and industrial 7.7%. The largest single district is Detached Residential at 60.9%. For commercial buyers the practical constraint is that only 17.1% of land carries a commercial or industrial designation.
Detached Residential (DR) zones: a. Evidence of reduction of adverse environmental impa cts to acceptable levels; b. Evidence that traffic will not be substantially hin dered or endangered; c. Evidence that parking and loading will be adequate; d. Evidence that public facilities and utilities are capable of serving the proposed use; e. Evidence that the use…
Market overview
Demographics & Economy
Watkinsville, GA has 20,579 residents in 7,797 households. Density runs 168 people per square mile. Median household income here is $103,165 and median gross rent $1,403 a month.
Tools
Lease vs Buy Breakeven
At $18.69/SF/Yr lease vs $227/SF buy → buying wins if held > 2.1 years.
At a 8.2% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
Commercial property in Watkinsville, GA asks $227/SF. The 2 bordering markets run from $188/SF in Athens to $269/SF in Bogart, and the city sits in line with their $229/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Watkinsville?
How much does it cost to lease commercial space in Watkinsville?
Is it cheaper to lease or buy commercial space in Watkinsville?
How does Watkinsville compare to nearby markets on price?
What zoning applies to commercial property in Watkinsville?
Where does Realmo's Watkinsville market data come from?
Methodology & data sources
- Asking prices and medians
- There are 31 active for-sale and 23 active for-lease listings in Watkinsville, GA. The medians are based on 23 of the for-sale and 14 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 2,148 zoned acres across 12 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
