This exceptional 2.46-acre parcel presents a prime development opportunity in Augusta, Georgia. Strategically located at the entrance to the Doctors Hospital complex in West Augusta, this C3-zoned land offers unparalleled access to a substantial daytime population. Within a three-mile radius, there are approximately 37,500 employees and 14,300 households, creating a robust market for various development projects. The property's proximity to Doctors Hospital, a 350-bed full-service tertiary care facility and home to the Joseph M. Still Burn Center—the largest medical burn facility in the United States—makes it particularly attractive for medical office buildings or related healthcare services. Furthermore, the site benefits from its close proximity to Downtown Augusta and Fort Gordon, enhancing its appeal to a wide range of potential developers. The surrounding area boasts significant retail presence, including the Augusta Exchange retail center (over 1 million square feet) and the Augusta Mall (also over 1 million square feet), providing ample amenities and drawing substantial foot traffic. This location is ideal for a variety of uses, including medical offices, assisted living facilities, apartment complexes, or convenience stores. The 2.46 acres offer significant potential for a high-return investment in a thriving and rapidly growing area. The property is located at 3661 Wheeler Road, Augusta, GA 30909, in Richmond County.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$18,221,370
Hospitality
$16,690,676
Educational
$13,886,447
Medical
$14,364,023
Retail
$21,601,140
Location Insight
City
Augusta
County
Richmond
State
Georgia
Latitude
33.4831
Longitude
-82.0918
CBSA code
12260
CBSA name
AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA
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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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