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    OFF-MARKET Estimated value $1,960,000
    Medical Office Space

    1080 Vend Dr, Watkinsville, GA 30677-7704

    16,000 SF 3.04 ac lot Built 1997
    Entity Owned 18-yr Hold Absentee Owner Free & Clear
    Property ID
    US22-1745300
    Property summary
    AI-generated overview

    This exceptional 5,500-square-foot office property, located at 1080 Vend Drive in Watkinsville, GA, offers a unique opportunity for businesses seeking flexible and high-visibility space. The property, situated on 3.04 acres, features a single-story, 16,211-square-foot building constructed in 2006 and classified as Class B. Currently, 5,500 square feet is available, divisible into two suites: Suite 300 (3,064 sq ft) and Suite 400 (2,436 sq ft), which can be combined to accommodate larger tenants. The property boasts a convenient location with excellent visibility and accessibility from Highway 316, averaging 32,800 vehicles per day. Existing tenants include Athens Eye Associates and Terminix. The property offers ample parking (68 spaces total, a ratio of 4 per 1,000 square feet), and a tenant improvement allowance is included in the rental rates. The property is zoned B-2 and its convenient location places it minutes from the vibrant retail, dining, entertainment, and medical districts of Oconee County and Athens, GA, including proximity to Piedmont Oconee Health Campus, Epps Bridge Centre, and Butler's Crossing Shopping Center. Monument signage is available, providing excellent branding opportunities. The property is ideal for a variety of uses, including executive, medical, creative, traditional office, flex space, R&D, warehouse, or coworking. This is a rare opportunity to secure a well-located, versatile office space in a thriving market. The property's APN is C 01S 002.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1997
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 16,000 SF
    Lot 3.04 ac (132,422 SF)
    Zoning code B-2
    APN C-01S-002
    UPID US22-1745300
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Michael S. Jacobs, M.D. Ophthalmologist
    • Taylor Ficek Physician
    • Jessica Paige Kenney Physician
    • Taylor Kristen Ficek Physician
    • Michael Scott Jacobs Ophthalmologist
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.96M
    Owner & transaction history
    Oconee Medical Center LLC · 18 yrs held
    Oconee Medical Center LLC
    since 2008
    2 recorded transactions
    2008
    $1.4M
    2008
    Zoning & alternative use
    B-2 · Watkinsville, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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