1080 Vend DrWatkinsville, GA 30622

  • Healthcare properties
  • 16,000 SF
For Lease
$16.50/SF/YR View listing

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
1080 Vend Dr, Watkinsville, Georgia

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

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
$21,984
$175,104
$849,578
$1,024,682
-
$437,760
$2,123,946
$2,561,706

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].