Commercial Real Estate Market in Watkinsville, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
149 active listings and 829 off-market properties in Watkinsville, GA. Commercial property asks $1,211/SF to buy and $22.19/SF/Yr to lease.
Market Trends
Watkinsville, GA spans 122.2 square miles in Oconee County, Georgia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Watkinsville, GA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Watkinsville, GA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
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%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Watkinsville, GA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
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
Detached Residential
Parks Recreation And Conservation
Employment Center
Corridor Commercial
Downtown
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)
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.
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
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bishop | — | — |
| North High Shoals | — | — |
| Farmington | — | — |
| High Shoals | — | — |
Commercial property in Watkinsville, GA asks $1,211/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Watkinsville?
Commercial property in Watkinsville, GA asks an average of $1,211 per square foot. The 7 most recent recorded sales traded at a median of $252/SF, so asking sits 381% above the achieved median.
How much does it cost to lease commercial space in Watkinsville?
Asking lease rates in Watkinsville, GA average $22.19 per square foot per year.
What zoning applies to commercial property in Watkinsville?
Watkinsville, GA zones 2,148 acres across 12 districts, of which 9.4% is commercial and 7.7% industrial. The largest single district is Detached Residential at 60.9% of zoned land. 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… Residential zoning covers 64% and open space 0%.
Where does Realmo's Watkinsville market data come from?
Realmo compiles Watkinsville, GA figures from 7 recent recorded sales, 119 active sale listings, 30 active lease listings, 829 tracked off-market properties, the current Watkinsville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 119 active for-sale and 30 active for-lease listings in Watkinsville, GA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- 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 August 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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 August 2026 · report a data issue
