1080 Vend DrWatkinsville, GA 30622
- Healthcare properties
- 16,000 SF
Property Details for 1080 Vend Dr
- Year built
- 1997
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 3.04 AC
- Property size (Sq ft)
- 16,000 SF
- Zone code
- B-2
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- C-01S-002
- APU
- C01S002
Description
This exceptional 5,500-square-foot office property, located at 1080 Vend Drive in Watkinsville, GA, offers a unique opportunity for businesses seeking flexible and high-visibility space. The property, situated on 3.04 acres, features a single-story, 16,211-square-foot building constructed in 2006 and classified as Class B. Currently, 5,500 square feet is available, divisible into two suites: Suite 300 (3,064 sq ft) and Suite 400 (2,436 sq ft), which can be combined to accommodate larger tenants. The property boasts a convenient location with excellent visibility and accessibility from Highway 316, averaging 32,800 vehicles per day. Existing tenants include Athens Eye Associates and Terminix. The property offers ample parking (68 spaces total, a ratio of 4 per 1,000 square feet), and a tenant improvement allowance is included in the rental rates. The property is zoned B-2 and its convenient location places it minutes from the vibrant retail, dining, entertainment, and medical districts of Oconee County and Athens, GA, including proximity to Piedmont Oconee Health Campus, Epps Bridge Centre, and Butler's Crossing Shopping Center. Monument signage is available, providing excellent branding opportunities. The property is ideal for a variety of uses, including executive, medical, creative, traditional office, flex space, R&D, warehouse, or coworking. This is a rare opportunity to secure a well-located, versatile office space in a thriving market. The property's APN is C 01S 002.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,807,923
- 6.5%
- $2,591,929
- 7%
- $2,406,791
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,253,350
- Geo Method
- $2,253,350
-
Alternative Use
- Use
- Valuation
- Residential
- $3,213,992
- Hospitality
- $2,944,000
- Educational
- $2,449,373
- Medical
- $2,533,611
- Retail
- $3,810,136
Location Insight
- City
- Watkinsville
- County
- Oconee
- State
- Georgia
- Latitude
- 33.9159
- Longitude
- -83.4773
- CBSA code
- 12020
- CBSA name
- ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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