4389 Maysfield DrAugusta, GA 30909

Property Details for 4389 Maysfield Dr

Year built

2007

Lot size

0.52 AC

Property size (Sq ft)

5,655 SF

Zone code

C-2;GEN COMM DISTR

Property type

Strip malls

Property subtype

Neighborhood centers

APN

074F131

APU

074F131

Description

This exceptional Class A mixed-use property, located at 4389 W. Maysfield Drive in Augusta, Georgia, presents a compelling investment opportunity for owner-users or investors. The single-story, 5,600-square-foot building, constructed in 2008 and renovated in 2017, sits on a 0.52-acre lot and boasts a C2 zoning designation. Currently featuring four suites ranging from 1,300 to 1,600 square feet each, the property offers 4,200 square feet of net rentable space, with 25% current occupancy. The asking price is $850,000, translating to $151.79 per square foot. The building benefits from a convenient location off Jimmy Dyess Parkway, with immediate access to I-20 (Exit 196), making it highly visible and easily accessible. Ample surface parking is available with 28 spaces. This thriving area, a major growth corridor for Columbia and Richmond Counties, offers proximity to Fort Eisenhower, making it ideal for various uses, including professional offices, cyber-related businesses, or even a daycare center. The property is currently tenanted by a single franchisee under a modified lease agreement. The property's features, location, and potential make it an attractive investment prospect in a rapidly developing region. The APN is 074F131.

• CAP approach

  CAP return

  Valuation

  6%

  $1,250,191

  6.5%

  $1,154,023

  7%

  $1,071,592

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,042,724

  Geo Method

  $1,173,252

• Alternative Use

  Use

  Valuation

  Residential

  $973,461

  Hospitality

  $891,685

  Educational

  $741,872

  Medical

  $767,386

  Retail

  $1,154,023

Location Insight

City

Augusta

County

Columbia

State

Georgia

Latitude

33.4789

Longitude

-82.1279

CBSA code

12260

CBSA name

AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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