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    FOR SALE
    Industrial land

    1180 Greensboro Hwy, Watkinsville, GA 30677

    17,758 SF 16.99 ac lot Built 1975
    Individually Owned 7-yr Hold Absentee Owner Free & Clear
    Property ID
    US22-2785251
    Property summary
    AI-generated overview

    This exceptional 17.15-acre commercial development parcel presents a unique investment opportunity in the thriving city of Watkinsville, Georgia. Located at 1180 Greensboro Highway, this property boasts a highly visible location within the city limits, offering easy access to essential utilities including water and sewer. Zoned Corridor Commercial, this land is ideally suited for a variety of commercial ventures, capitalizing on the area's robust growth. The site's proximity to Downtown Watkinsville's shops and restaurants, coupled with its less than one-mile distance to the new Wire Park development, ensures high visibility and accessibility. Watkinsville, the county seat of Oconee County, is experiencing rapid expansion, with abundant shopping, dining, and medical facilities within a five-mile radius. The property's strategic location provides convenient access to major transportation arteries, including GA 316 and Highway 78, and is only ten miles from Downtown Athens and the University of Georgia, further enhancing its appeal. This prime location, combined with its substantial size and desirable zoning, makes this parcel an exceptional opportunity for developers seeking a foothold in a rapidly growing market. The asking price for this remarkable property is $4,500,000.

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Year built 1975
    Construction STEEL FRAME
    Total area 17,758 SF
    Lot 16.99 ac (740,084 SF)
    Zoning code I
    APN W-08-011
    UPID US22-2785251
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Ted L Setzer · 7 yrs held
    Ted L Setzer
    since 2019
    2 recorded transactions
    2019
    2019
    $1.4M
    Zoning & alternative use
    I · Watkinsville, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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