This 3,965 square foot Class B office building, located at 811 12th St in Augusta, GA 30901, is offered at $295,000 ($74.40/sq ft). Built in 1969, the property sits on a 0.44-acre lot (APN: 046-2-201-02-0) and is zoned B-2 (General Business). The building boasts a spacious lobby and reception area, multiple private offices, a conference room, restrooms, a multipurpose room, kitchen, storage pantry, and a walk-in freezer. Ample parking is provided with 24 spaces in a large surface lot. Conveniently situated in the heart of Augusta's downtown medical district, near the intersection of Walton Way (14,000 VPD), this location offers excellent visibility and accessibility. Nearby landmarks include Piedmont Augusta Hospital, Wellstar MCG Health, Charlie Norwood VA Medical Center, Augusta Judicial Center, and James Brown Arena. The property is also within walking distance of Augusta's vibrant downtown area and is situated on the Augusta-Richmond County bus line. Across the street is the future site of the Augusta Tech Automotive Training Center (completion Fall 2025). Currently occupied by Catholic Social Services, this versatile space is ideal for a variety of office, medical, or other business uses. This is a rare opportunity to acquire a well-located, established office building in a thriving medical district.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$675,814
6.5%
$623,828
7%
$579,269
Comparable approach
Method
Valuation
Relative Method
$290,121
Geo Method
$326,438
Alternative Use
Use
Valuation
Industrial / Distribution
$1,336,670
Retail / Commercial
$664,197
Mixed-Use / Specialty
$645,093
Hospitality / Lodging
$451,494
Office
$623,828
Institutional / Educational
$664,655
Residential Income
$777,646
Multifamily
$1,025,450
Automotive / Energy
$569,704
Parking / Income-Based Land
$213,133
Restaurant / Food Service
$299,799
Healthcare / Senior Housing
$678,693
Location Insight
City
Augusta
County
Richmond
State
Georgia
Latitude
33.4702
Longitude
-81.9768
CBSA code
12260
CBSA name
AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA
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12Th St Augusta, GA 30901
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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