Property Details
for 2238 Martin Luther King Jr Blvd
Year built
1968
Lot size
1.00 AC
Property size (Sq ft)
2,160 SF
Zone code
B-1
Property type
Commercial land
APN
072-1-128-00-0
APU
721128000
Description
This exceptional 1-acre commercial lot, located at 2238 Martin Luther King Jr Boulevard in Augusta, Georgia, presents a unique opportunity for developers and investors. The property boasts a convenient location within a rapidly developing area of Augusta, making it ideal for a variety of commercial ventures. Previously improved, the existing building has been demolished, eliminating the cost and time associated with demolition and site preparation. This significantly streamlines the development process, allowing for a quicker return on investment. The lot's size is 2,160 square feet, offering ample space for construction. The C3 Commercial zoning designation opens the door to a wide range of potential uses, including restaurants and retail establishments. This prime location offers excellent visibility and accessibility, ensuring high traffic and potential customer reach. The property's strategic positioning within a growth area suggests strong future appreciation potential. This is a rare opportunity to acquire a fully prepared development site in a thriving commercial corridor. Serious inquiries are encouraged to capitalize on this exceptional investment prospect. The asking price is $200,000.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Industrial / Distribution
$728,171
Retail / Commercial
$361,832
Mixed-Use / Specialty
$351,425
Hospitality / Lodging
$245,959
Office
$339,841
Institutional / Educational
$362,082
Residential Income
$423,636
Multifamily
$558,631
Automotive / Energy
$310,356
Parking / Income-Based Land
$116,108
Restaurant / Food Service
$163,321
Healthcare / Senior Housing
$369,730
Location Insight
City
Augusta
County
Richmond
State
Georgia
Latitude
33.4485
Longitude
-82.0038
CBSA code
12260
CBSA name
AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA
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Useful Information
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Martin Luther King Jr Blvd Augusta, GA 30904
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Martin Luther King Jr Blvd Augusta, GA 30904
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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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