218 Oak StMartinez, GA 30907

Property Details for 218 Oak St

Year built

1986

Lot size

1.03 AC

Property size (Sq ft)

10,939 SF

Zone code

C-2;GEN COMM DISTR

Property type

Office properties

Property subtype

Office buildings

APN

078D128

APU

078D128

Description

This single-tenant office building, situated in the desirable Martinez submarket of Augusta, Columbia County, Georgia, presents a compelling investment opportunity. The property, known as West Town Office Park, boasts a total of 10,939 square feet, with 800 square feet currently vacant. Built in 1986, this Class B building sits on a 1.06-acre lot and features a single story design. Ample parking is available with 68 spaces. The property's convenient location offers easy access to Washington Road and Bobby Jones Expressway, ensuring high visibility and accessibility for businesses. The zoning is classified as "P," and the APN is 078D128. The building is well-maintained and currently houses a variety of established businesses, creating a strong tenant base. The property is suitable for traditional office or medical office use. This presents a unique chance to acquire a well-located office space in a thriving area, offering significant potential for growth and return on investment. The property's strategic location and existing infrastructure make it an ideal choice for a variety of businesses seeking a prominent presence in the Augusta metropolitan area. The 800 square feet of vacant space provides an immediate opportunity for lease income or expansion for an existing tenant.

• CAP approach

  CAP return

  Valuation

  6%

  $1,645,145

  6.5%

  $1,518,595

  7%

  $1,410,124

• Comparable approach

  Method

  Valuation

  Relative Method

  $800,412

  Geo Method

  $900,608

• Alternative Use

  Use

  Valuation

  Residential

  $1,883,058

  Hospitality

  $1,724,871

  Educational

  $1,435,072

  Medical

  $1,484,427

  Retail

  $2,232,335

Location Insight

City

Martinez

County

Columbia

State

Georgia

Latitude

33.5103

Longitude

-82.0926

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].