3118 Washington RdAugusta, GA 30907

  • Land
  • 0.56 AC
For Lease
$35/SF/YR View listing

Property Details for 3118 Washington Rd

Lot size
0.56 AC
Zone code
B-2
Property type
Land
Property subtype
Commercial land
APN
011-0-132-00-0
APU
110132000

Description

This exceptional 2,736-square-foot Class A restaurant building, constructed in 2022, presents a unique investment opportunity in Augusta, Georgia. The property boasts a desirable location on Washington Road, a major thoroughfare with over 33,600 vehicles passing daily, connecting Columbia and Richmond Counties. The building features a convenient drive-thru lane and ample parking with 27 spaces. The interior layout includes approximately 1,000 square feet dedicated to kitchen space, ensuring efficient operations, and two ADA-compliant restrooms for customer convenience. The spacious layout includes 1,920 square feet on the ground floor and an additional 816 square feet of upstairs dining space offering scenic views of Washington Road. Its strategic location is less than half a mile from I-20 and only 1.5 miles from the renowned Augusta National Golf Club, capitalizing on high traffic volume and proximity to major attractions. The property benefits from its position near other established businesses, including Krystal, Applebee's, Chick-fil-A, and numerous other restaurants, hotels, and retail establishments. The B-2 zoning allows for a variety of uses, making this property an attractive option for both sale and lease. This property is situated in a thriving commercial area with excellent visibility and accessibility, making it an ideal location for a successful restaurant or similar business. The property's APN is 011-0-132-00-0. The building is a two-story structure.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,199,224
    Hospitality
    $3,846,467
    Educational
    $3,200,215
    Medical
    $3,310,276
    Retail
    $4,978,112
3118 Washington Rd, Augusta, Georgia

Location Insight

City
Augusta
County
Richmond
State
Georgia
Latitude
33.5133
Longitude
-82.0545
CBSA code
12260
CBSA name
AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$15,337
$136,606
$424,564
$561,170
-
$341,516
$1,061,410
$1,402,926

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