Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1080 Barber Creek Dr Watkinsville, GA 30677
    Back to Search
    Property profile & analytics

    1080 Barber Creek Dr, Watkinsville, GA 30677

    View on Map
    • Commercial real estate
    • 4.55 lot acres
    Off-Market
    Property ID
    US22-4461029
    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

    • Commercial real estate

    Property Details for 1080 Barber Creek Dr

    Lot size
    4.55 lot acres
    Property type
    Commercial real estate
    APN
    B 04A 005

    Description

    This exceptional 4.55-acre commercial land parcel presents a unique development opportunity in the thriving Watkinsville, Georgia market. Strategically located just off Georgia Highway 316, near the Oconee Connector interchange, this property enjoys unparalleled access to Loop 10, the Epps Bridge Parkway corridor, and Butler's Crossing, ensuring high visibility and convenient connectivity. The property, identified by APN B 04A 005, is situated in Oconee County and boasts a coveted OIP zoning designation, having already completed the rezoning process. This eliminates a significant hurdle for prospective developers, streamlining the project timeline and reducing upfront costs. The site's advantageous position abuts phase 2 of the Barber Creek office park to the west, providing a natural synergy and established commercial presence. Furthermore, it's bordered by 55+ undeveloped acres to the east, offering potential for future expansion or collaborative development. Priced at $699,000, this property represents a compelling investment for those seeking a prime location with established infrastructure and significant growth potential in a rapidly developing area. The address is 1080 Barber Creek Drive, Watkinsville, GA 30677.

    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
    -83.460738
    Latitude
    33.902582

    Comparable in this City

    • $300,000
      2.10 Acres

      Oconee River Homesite Opportunity

      Beautiful homesite on the Oconee River in Watkinsville, GA.
      3191 Ryland Hills Dr, Watkinsville, GA 30677
      View Details
    • $250,000
      2.00 Acres

      Two Acres in Oconee County

      Two-acre lot with well and septic tank near Watkinsville.
      2330 Greensboro Hwy, Watkinsville, GA 30677
      View Details
    • $4,000,000
      160.00 Acres

      Large Land Tract in Watkinsville

      160-acre land tract perfect for building or recreation.
      J T Elder Rd, Watkinsville, GA 30677
      View Details
    • $125,000
      1.48 Acres

      Watkinsville Land Ready for Development

      1.48 acre lot in Oconee County ready for development.
      Mars Hill Rd, Watkinsville, GA 30677
      View Details
    • $125,000
      1.48 Acres

      Watkinsville Land Ready to Build

      1.48 acre lot ready for development in Oconee County.
      Mars Hill Rd, Watkinsville, GA 30677
      View Details

    Similar Nearby for Sale

    • $2,600,000

      Oconee County Riverside Oasis

      Nearly 100-acre riverside property with cabins, pond, and river frontage.
      1520 Marshall Wilkes Rd, Watkinsville, GA 30677
      View Details
    • $600,000

      15 Acres on Macon Highway

      15-acre tract on Macon Highway in Watkinsville, Georgia.
      1811 Macon Hwy, Watkinsville, GA 30677
      View Details
    • $225,000
      2.54 Acres

      Oconee County Land Opportunity

      2.54 acre lot ready for development in Watkinsville, GA.
      1941 Mars Hill Rd, Watkinsville, GA 30677
      View Details
    • $354,000
      3.10 Acres

      Watkinsville Land with Equine Amenities

      3.1 acres ready for your dream equine home.
      1030 Rossiter Ct, Watkinsville, GA 30677
      View Details
    • $450,000
      14.98 Acres

      Watkinsville Land with Creek

      14.98-acre tract in Oconee County, near Athens and UGA.
      Tall Oaks Rd, Watkinsville, GA 30677
      View Details
    • $334,000
      3.29 Acres

      Watkinsville Land in Broadlands

      3.29 acre lot in exclusive neighborhood near Wire Park.
      1040 Rossiter Ct, 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
    • $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.
    1080 Barber Creek Dr
    Watkinsville, GA 30677
    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
    1080 Barber Creek Dr, 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!