1940 Experiment Station RdWatkinsville, GA 30677

For Lease
$24.96/SF/YR View listing
  • Commercial real estate
  • 7,200 SF

Property Details for 1940 Experiment Station Rd

Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.08 AC
Property size (Sq ft)
7,200 SF
Zone code
B-1
Property type
Commercial real estate
APN
B-06K-003-B
APU
B06K003B

Description

This 770-square-foot retail space, located at 1940 Experiment Station Rd, Unit #103, Watkinsville, GA 30677, presents a fantastic opportunity. Built in 1994, this single-story building offers a turnkey barbershop setup, complete with three barber chairs, one sink, a break area, and a half-bathroom including a stackable washer and dryer. The property boasts ample parking for customers and employees, and benefits from excellent visibility on Experiment Station Road. The space is currently configured as a barbershop but could easily be adapted to suit other retail uses. The lease includes water and trash removal, at a gross rent of $25 per square foot. A minimum three-year lease is required. The property is situated in Oconee County and enjoys a high traffic count, with an average daily traffic volume of 16,800 vehicles (GDOT data, 2022). This property is ideal for an established business seeking a move or an entrepreneur looking for a ready-to-go retail space in a thriving location. Five parking spaces are available on-site. There is no elevator.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,446,296
    Hospitality
    $1,324,800
    Educational
    $1,102,218
    Medical
    $1,140,125
    Retail
    $1,714,561
1940 Experiment Station Rd, Watkinsville, Georgia

Location Insight

City
Watkinsville
County
Oconee
State
Georgia
Latitude
33.8724
Longitude
-83.4356
CBSA code
12020
CBSA name
ATHENS-CLARKE COUNTY, 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
$11,434
$240,000
$292,969
$532,969
-
$600,000
$732,422
$1,332,422

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