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    Property profile & analytics

    3055 Watson Blvd Warner Robins, GA 31093-2511

    • Strip malls
    • 10,534 SF
    • 0.67 lot acres
    OFF-MARKET
    Last Sale
    Feb 16, 2023
    $1,125,000
    Value Estimations
    $1,110,000
    Show details
    Cap Rate Potential
    9.7%
    Strip malls
    Location Intelligence
    Property ID
    US22-1021572
    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

    • Giggle Town / Family Recreation Center
    • Robins Plaza / Shopping Center & Mall
    • 420 cave Vape & Smoke Shop / (Bike/Boat/Book/etc) Store / Alternative Medicine Practice
    • Big Saving Appliances Warner Robins / Home Appliance Store / Hardware & Home Improvement

    Property Details for 3055 Watson Blvd

    Year built
    2004
    Construction
    STEEL FRAME
    Lot size
    0.67 lot acres
    Property size
    10,534 SF
    Zone code
    C2
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    0W78D0 016000
    APU
    0W78D0016000

    Description

    This exceptional 10,780 square foot retail center, located at 3055 Watson Blvd in Warner Robins, Georgia, presents a unique investment opportunity. Built in 2004 and extensively renovated in 2023, this single-story Class C property boasts 60 parking spaces and is currently 100% occupied. The center is strategically positioned on Watson Boulevard, a high-traffic thoroughfare with 35,000 vehicles passing daily. Its prime location across from major national retailers such as Olive Garden, Kroger, Best Buy, Kohl's, and Chick-fil-A ensures high visibility and significant foot traffic. The property's accessibility to numerous hotels and residential areas further enhances its appeal. With a minimum divisible space of 1,540 square feet and a maximum contiguous space of 10,780 square feet, this property is suitable for a variety of retail and restaurant uses. The property's excellent condition and strategic location make it an ideal investment for those seeking a thriving commercial space in a bustling area of Warner Robins, Georgia. The zip code is 31093.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,130,000
      ML approach
      $1,065,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,512,000
      Market price range: $164k - $1.60M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,550,000
      Current use
      AUTO REPAIR, GARAGE
      $1,675,000
      Change: +8% Conversion: Difficult
      RETAIL STORES
      $1,300,000
      Change: -16% Conversion: Easy
      MEDICAL BUILDING
      $1,245,000
      Change: -20% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Warner Robins
    County
    Houston
    State
    Georgia
    Longitude
    -83.6928
    Latitude
    32.616
    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
    $11,506
    $96,280
    $252,680
    $348,960
    -
    $240,700
    $631,700
    $872,400

    Comparable in this City

    • Value Estimation by Request
      1,600 SF

      528 Davis Dr

      SHOPPING CENTER, STRIP CENTER • 1,600 SF
      528 Davis Dr, Warner Robins, GA 31093-2611
      View Details
    • Value Estimation
      $6,865,000
      42,909 SF

      3035 Watson Blvd

      SHOPPING CENTER, STRIP CENTER • 42,909 SF
      3035 Watson Blvd, Warner Robins, GA 31093-9526
      View Details
    • Value Estimation by Request
      5,084 SF

      726 Davis Dr Ste A

      SHOPPING CENTER, STRIP CENTER • 5,084 SF
      726 Davis Dr Ste A, Warner Robins, GA 31093-7813
      View Details
    • Value Estimation
      $5,235,000
      78,394 SF

      828 Houston Rd

      SHOPPING CENTER, STRIP CENTER • 78,394 SF
      828 Houston Rd, Warner Robins, GA 31093-1502
      View Details
    • Value Estimation by Request
      11,232 SF

      300 Vickie Dr

      SHOPPING CENTER, STRIP CENTER • 11,232 SF
      300 Vickie Dr, Warner Robins, GA 31093-2622
      View Details
    • Value Estimation
      $6,875,000
      41,442 SF

      4025 Watson Blvd

      SHOPPING CENTER, STRIP CENTER • 41,442 SF
      4025 Watson Blvd, Warner Robins, GA 31093-9500
      View Details

    Similar Nearby for Sale

    • $415,000
      15,000 SF

      Prime Warner Robins Retail Center

      15,000 SF, 100% Occupied, High ROI
      520 Davis Dr, Warner Robins, GA 31093
      View Details
    • $1,750,000
      6,190 SF

      Prime Warner Robins Retail Redevelopment

      1-Acre C2 Zoned Retail Site, High Traffic
      2711 Watson Blvd, Warner Robins, GA 31093
      View Details
    • $575,000
      7,000 SF

      Successful Storefront in Warner Robins

      Long-time, successful clothing/costume store in revitalizing area.
      1736 Watson Blvd, Warner Robins, GA 31093
      View Details
    • $1,500,000
      25,000 SF

      Renovated Commercial Property Near AFB

      25,000 SF renovated commercial property near Robins Air Force Base.
      305 Green St, Warner Robins, GA 31093
      View Details
    • Contact for pricing
      4,042 SF

      Prime QSR Redevelopment Opportunity

      Vacant Chick-fil-A, High Traffic Area
      1867 Watson Blvd, Warner Robins, GA 31093
      View Details
    • $2,300,000
      1.00 Acre

      Gas Station with Rental Income

      Gas station with restaurant and car lot generating rental income.
      800 Elberta Rd, Warner Robins, GA 31093
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      45,060 SF

      Houston Crossing Retail Center

      Prime Warner Robins Retail Space
      813 Houston Rd, Warner Robins, GA 31093
      View Details
    • Contact for pricing
      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
    • Contact for pricing
      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
    • $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
    • 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
    • $42 SF/Yr
      2,260 SF

      Warner Robins Office Suites for Lease

      12 Suites, 2,260 SF, Prime Location
      1029 Houston Rd, Warner Robins, GA 31093
      View Details
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    Warner Robins, GA 31093-2511
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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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