This 23,160 sq ft shopping center in Augusta, GA, presents a compelling value-add investment opportunity. Located on a 1.23-acre lot with excellent visibility and high traffic counts (35,800 VPD), this single-story, 1971-built property offers three units and convenient access to major highways (I-520) and retail centers (Augusta Mall). The property boasts a prominent location near a Walmart Supercenter and other national retailers, ensuring high foot traffic and strong potential for lease or redevelopment. The B2 zoning allows for a variety of uses. The site features right-in, right-out access on Wrightsboro Road and full motion ingress/egress on North Leg Road. The 3-mile radius boasts a population of 60,000 with a median household income of $61,200. This property is situated on a highly visible corner with 200 feet of road frontage. An adjacent 1.15-acre parcel is also available for purchase, creating a larger redevelopment opportunity. The property is ideally situated near Augusta University and Forest Hills Golf Course. This is a rare opportunity to acquire a well-located retail center with significant upside potential. The asking price is $1,500,000.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$3,986,802
Hospitality
$3,651,889
Educational
$3,038,328
Medical
$3,142,821
Retail
$4,726,288
Location Insight
City
Augusta
County
Richmond
State
Georgia
Latitude
33.4687
Longitude
-82.0685
CBSA code
12260
CBSA name
AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA
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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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