This exceptional investment opportunity comprises three strategically located outparcels totaling 2.81 acres in the thriving Goshen Village area of Augusta, Georgia. Situated on Mike Padgett Highway and Tobacco Road, these parcels benefit from high visibility and convenient access to a major thoroughfare. The property's zoning permits C3 and C4 uses, offering flexibility for a variety of retail developments. Each parcel offers significant potential: one 1.11-acre lot, one 1-acre lot, and one 0.7-acre lot. The site enjoys a prominent position as an outparcel to a successful 45,800-square-foot retail center anchored by a Food Lion grocery store. This established center also includes a Wells Fargo bank, Subway, and Checkers, providing strong co-tenancy and significant daily traffic. The location boasts excellent accessibility, being just 2.5 miles from Interstate I-520 and nine miles south of downtown Augusta. Mike Padgett Highway experiences a high volume of vehicular traffic, with a daily vehicle count of 29,900, ensuring substantial exposure for any development. The individual parcel sizes and prime location make this an ideal opportunity for developers seeking high-impact retail space in a rapidly growing area. Parcel APNs are 1410533020, 1570060000, and 1570059000. The address is 3732 Mike Padgett Highway, Augusta, GA 30906.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Industrial / Distribution
$12,775,700
Retail / Commercial
$6,348,320
Mixed-Use / Specialty
$6,165,720
Hospitality / Lodging
$4,315,330
Office
$5,962,480
Institutional / Educational
$6,352,690
Residential Income
$7,432,650
Multifamily
$9,801,130
Automotive / Energy
$5,445,170
Parking / Income-Based Land
$2,037,100
Restaurant / Food Service
$2,865,450
Healthcare / Senior Housing
$6,486,870
Location Insight
City
Augusta
County
Richmond
State
Georgia
Latitude
33.3667
Longitude
-81.9952
CBSA code
12260
CBSA name
AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA
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Mike Padgett Hwy Augusta, GA 30906
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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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