Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1050 Barber Crk Dr Ste, Unit 103 Watkinsville, GA 30677-4502
    Back to Search
    Property profile & analytics

    1050 Barber Crk Dr Ste, Unit 103, Watkinsville, GA 30677-4502

    View on Map
    • Office buildings
    • 1,244 SF
    • 0.03 lot acres
    Off-Market
    Last Sale Feb 28, 2022
    $200,000
    Property ID
    US22-3743051
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 1050 Barber Crk Dr Ste

    Year built
    2006
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.03 lot acres
    Property type
    Office buildings
    APN
    B-04L-100103
    APU
    B04L100103

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 28, 2022 $200,000 Zhang & Xus Limited Partnership Barber Creek Partners LLC Warranty Deed —
    Nov 24, 2021 $725,000 Barber Creek Partners LLC Wc Land Holdings LLC Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Watkinsville
    County
    Oconee
    State
    Georgia
    Longitude
    -83.4619
    Latitude
    33.9032
    CBSA code
    12020
    CBSA name
    ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,586
    $14,928
    $75,760
    $90,688
    -
    $37,320
    $189,400
    $226,720

    Comparable in this City

    • Value Estimation by Request
      1,134 SF

      1580 Mars Hl Rd

      OFFICE BUILDING
      1580 Mars Hl Rd, Watkinsville, GA 30677-4886
      View Details
    • Value Estimation by Request
      870 SF

      1020 Barber Crk Dr

      OFFICE BUILDING
      1020 Barber Crk Dr, Watkinsville, GA 30677-5981
      View Details
    • Value Estimation by Request
      320 SF

      Ct St

      OFFICE BUILDING
      Ct St, Watkinsville, GA 30677
      View Details
    • Value Estimation by Request
      1,734 SF

      Main St

      OFFICE BUILDING
      Main St, Watkinsville, GA 30677
      View Details
    • Value Estimation by Request
      828 SF

      3651 Mars Hl Rd

      OFFICE BUILDING
      3651 Mars Hl Rd, Watkinsville, GA 30677-5985
      View Details
    • Value Estimation by Request
      1,490 SF

      1751 Meriweather Dr Ste, Unit 1

      OFFICE BUILDING
      1751 Meriweather Dr Ste, Watkinsville, GA 30677-7792
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,150 SF

      Watkinsville Office Building For Sale

      Prime commercial property near dining and shopping in Oconee County.
      44 Greensboro Hwy, Watkinsville, GA 30677
      View Details
    • Contact for pricing

      Resource Valley Office Building

      Office unit in Resource Valley, Athens' Premier Office complex.
      1551 Jennings Mill Rd, Watkinsville, GA 30677
      View Details
    • Contact for pricing
      870 SF

      Furnished Office Near Oconee Connector

      Move-in ready, furnished 870 SF office space for sale.
      1020 Barber Creek Dr, Watkinsville, GA 30677
      View Details
    • $150,000

      Move-in-Ready Oconee County Office Space

      Well-maintained office unit near Epps Bridge Crossing.
      1551 Jennings Mill Rd, Watkinsville, GA 30677
      View Details
    • New
      Contact for pricing
      12,300 SF

      Built-Out Medical Office Facility

      Single-story medical facility with 16 exam rooms, private pod hallways, and procedure/recovery space for flexible healthcare use.
      1500 Langford Dr, Watkinsville, GA 30677
      View Details
    • Contact for pricing
      3,200 SF

      Oconee County Office Suites

      Professional office suites in a highly accessible, visible location.
      1551 Jennings Mill Rd, Watkinsville, GA 30677
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office and Storage Space Available

      Office and storage space for lease, available immediately.
      1800 Hog Mountain Rd, Watkinsville, GA 30677
      View Details
    • $1,600 /Mo
      1,500 SF

      Watkinsville Flex Office/Warehouse Space

      Flex office/warehouse space with roll-up door in Watkinsville, GA.
      1071 Jamestown Blvd, Watkinsville, GA 30677
      View Details
    • Contact for pricing
      282 SF

      Watkinsville Office Space Available

      Office space available for rent in Watkinsville, Georgia.
      29 North Main St, Watkinsville, GA 30677
      View Details
    • New
      $1,600 /Mo
      1,500 SF

      Watkinsville Flex Office/Warehouse Space

      Flex office/warehouse space with roll-up door in Watkinsville, GA.
      1071 Jamestown Blvd, Watkinsville, GA 30677
      View Details
    • $25 SF/Yr
      1,572 SF

      Turn-Key Office Space in Watkinsville

      Modern 1,572 SF office space at Wire Park.
      1725 Electric Ave, Watkinsville, GA 30677
      View Details
    • Contact for pricing
      1,200 SF

      Office Space in Jennings Mill

      Commercial space in the growing Jennings Mill area.
      1711 Meriweather Dr, Watkinsville, GA 30677
      View Details
    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.
    1050 Barber Crk Dr Ste, Unit 103
    Watkinsville, GA 30677-4502
    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

    Thank You for Inquiry
    1050 Barber Crk Dr Ste, Watkinsville, GA, 30677
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!