1886 Gordon HwyAugusta, GA 30904

Property Details for 1886 Gordon Hwy

Year built

1969

Lot size

6.96 AC

Property size (Sq ft)

27,993 SF

Zone code

B-2

Property type

Land

Property subtype

Commercial land

APN

070-1-119-02-0

APU

701119020

Description

This exceptional 31,192 square foot warehouse, located at 1886 Gordon Hwy, Augusta, GA 30904, presents a compelling investment opportunity. Boasting a 7.74% cap rate and a strong net operating income (NOI) of $133,471, this property offers significant potential for return. Built in 1969 and renovated in 1980, the building features 18.83' ceiling heights and sits on a 5.58-acre lot zoned B-2. Currently housing Chastain Towing, Rainbow Homes, and a long-term solar lease from Georgia Power, the property benefits from existing cash flow streams. Its prime location on Gordon Highway, within a designated Hub Zone, and near other auto dealerships, makes it particularly well-suited for redevelopment as a retail auto sales and service center. The property includes a secure gated and fenced area, along with warehouse space suitable for service and parts storage. The existing retail showroom could easily be converted into a turnkey dealership. This is a rare chance to acquire a substantial property in a high-demand location with excellent potential for future growth and profitability. The property's history includes use as a former Augusta Dodge dealership.

• Alternative Use

  Use

  Valuation

  Residential

  $4,818,762

  Hospitality

  $4,413,960

  Educational

  $3,672,363

  Medical

  $3,798,661

  Retail

  $5,712,565

Location Insight

City

Augusta

County

Richmond

State

Georgia

Latitude

33.4507

Longitude

-82.0426

CBSA code

12260

CBSA name

AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].