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    Property profile & analytics

    2724 Watson Blvd Warner Robins, GA 31093-8051

    • Retail space
    • 44,400 SF
    • 8.28 lot acres
    OFF-MARKET
    Value Estimations
    $7,515,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0810813
    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.

    Current Use by Public Records

    • MODEL 2 / (Bike/Boat/Book/etc) Store / Cosmetic Store
    • Rack Room Shoes / Clothing & Fashion Store / (Bike/Boat/Book/etc) Store
    • GameStop / Arcade & Gaming Center / Electronics & Wireless Store
    • Tobacco & vape land / (Bike/Boat/Book/etc) Store
    • Econ beauty / (Bike/Boat/Book/etc) Store / Cosmetic Store

    Property Details for 2724 Watson Blvd

    Year built
    1999
    Construction
    CONCRETE
    Lot size
    8.28 lot acres
    Property size
    44,400 SF
    Zone code
    C2
    Property type
    Retail space
    APN
    0W0960 007000
    APU
    0W0960007000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $9,270,000
      6.5%
      $8,560,000
      7%
      $7,945,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,055,000
      Market price range: $1.98M - $9.06M
      AI Estimate
      $4,936,000
      Market price range: $1.16M - $4.94M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $5,470,000
      Current use
      AUTO REPAIR, GARAGE
      $7,050,000
      Change: +29% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $6,525,000
      Change: +19% Conversion: Moderate
      MEDICAL BUILDING
      $5,245,000
      Change: -4% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $5,115,000
      Change: -7% Conversion: Easy
      WAREHOUSE, STORAGE
      $4,625,000
      Change: -15% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Warner Robins
    County
    Houston
    State
    Georgia
    Longitude
    -83.6746
    Latitude
    32.6197
    CBSA code
    47580
    CBSA name
    WARNER ROBINS, 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
    $69,391
    $698,600
    $1,405,880
    $2,104,480
    -
    $1,746,500
    $3,514,700
    $5,261,200

    Comparable in this City

    • Value Estimation by Request
      1,260 SF

      414 Armed Forces Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,260 SF
      414 Armed Forces Blvd, Warner Robins, GA 31093-2708
      View Details
    • Value Estimation by Request
      1,480 SF

      109 Davis Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,480 SF
      109 Davis Dr, Warner Robins, GA 31093-3301
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    • Value Estimation by Request
      1,200 SF

      1756 Watson Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      1756 Watson Blvd, Warner Robins, GA 31093-3632
      View Details
    • Value Estimation
      $665,000
      5,400 SF

      1901 Watson Blvd

      RETAIL STORES (PERSONAL SERVICES) • 5,400 SF
      1901 Watson Blvd, Warner Robins, GA 31093-3629
      View Details
    • Value Estimation
      $1,085,000
      8,075 SF

      2099 Watson Blvd

      RETAIL STORES (PERSONAL SERVICES) • 8,075 SF
      2099 Watson Blvd, Warner Robins, GA 31093-3605
      View Details
    • Value Estimation by Request
      7,092 SF

      1736 Watson Blvd

      RETAIL STORES (PERSONAL SERVICES) • 7,092 SF
      1736 Watson Blvd, Warner Robins, GA 31093-3632
      View Details

    Similar Nearby for Sale

    • $1,750,000
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      Prime Warner Robins Retail Redevelopment

      1-Acre C2 Zoned Retail Site, High Traffic
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    • $575,000
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      Successful Storefront in Warner Robins

      Long-time, successful clothing/costume store in revitalizing area.
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      Prime Warner Robins Retail Center

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    • $550,000
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      Warner Robins Commercial Property For Sale

      Commercial property in Warner Robins, GA, available for purchase.
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    • $1,463,433
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      Freestanding Fresenius in Warner Robins

      Single tenant Fresenius in Warner Robins, GA for sale.
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      25,000 SF renovated commercial property near Robins Air Force Base.
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    Similar Nearby for Lease

    • $13 SF/Yr
      14,655 SF

      Magnolia Plaza Retail Space Available

      Retail and office spaces available in Magnolia Plaza Shopping Center.
      3035 Watson Blvd, Warner Robins, GA 31093
      View Details
    • $28 SF/Yr
      2,400 SF

      Retail Space Near Kroger

      Retail spaces available adjacent to Kroger in Warner Robins, GA.
      3094 Watson Blvd, Warner Robins, GA 31093
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space on Watson Boulevard

      Retail space in high-traffic area near Houston Medical Center.
      1815 Watson Blvd, Warner Robins, GA 31093
      View Details
    • $10 SF/Yr
      45,060 SF

      Houston Crossing Retail Center

      Prime Warner Robins Retail Space
      813 Houston Rd, Warner Robins, GA 31093
      View Details
    • $192 SF/Yr
      2,067 SF

      Prime Retail Pad, Watson Blvd

      Two Suites Available, High Traffic Area
      2062 Watson Blvd, Warner Robins, GA 31093
      View Details
    • $8 SF/Yr
      25,220 SF

      Prime Warner Robins Flex Space

      25,220 SF Office/Warehouse Available
      11108 Hawkinsville Rd, Warner Robins, GA 31093
      View Details
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    Warner Robins, GA 31093-8051
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    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
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