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Property profile & analytics
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
Price N/A
Zoning & alternative use
B-2 · Watkinsville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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