44 Greensboro HwyWatkinsville, GA 30677

Property Details for 44 Greensboro Hwy

Year built

1982

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.92 AC

Property size (Sq ft)

2,150 SF

Zone code

1

Property type

Retail properties

Property subtype

Banks

APN

W-07-001-D

APU

W07001D

Description

This exceptional commercial property, located at 44 Greensboro Hwy in Watkinsville, Georgia, presents a unique investment opportunity. The 2,150 square foot building sits on a .5 to .75-acre lot and is zoned C-3 Commercial, offering considerable flexibility for a variety of uses. Originally constructed in 1988 and renovated in 2011, this single-story Class B building is currently vacant, providing a blank canvas for your business vision. The asking price is $800,000, translating to $372.09 per square foot. The property boasts ample parking and a highly desirable location near popular restaurants and shops, including Barberitos, Chops and Hops, and Jittery Joe's, ensuring high visibility and convenient access for both employees and customers. Its location in the rapidly growing Oconee County makes this a smart investment in a thriving community. The property features one unit and is offered as a fee simple ownership. The APN is W 07 001D. This versatile space is ideal for a variety of commercial uses, including, but not limited to, a pharmacy, storefront retail, or traditional office space. Don't miss this chance to acquire a prime commercial property in a flourishing area.

• CAP approach

  CAP return

  Valuation

  6%

  $554,653

  6.5%

  $511,987

  7%

  $475,416

• Comparable approach

  Method

  Valuation

  Relative Method

  $624,609

  Geo Method

  $624,609

• Alternative Use

  Use

  Valuation

  Residential

  $431,880

  Hospitality

  $395,600

  Educational

  $329,134

  Medical

  $340,454

  Retail

  $511,987

Location Insight

City

Watkinsville

County

Oconee

State

Georgia

Latitude

33.8598

Longitude

-83.4056

CBSA code

12020

CBSA name

ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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