5142 Augusta RdGarden City, GA 31408

Property Details for 5142 Augusta Rd

Year built

1958

Lot size

0.29 AC

Property size (Sq ft)

1,896 SF

Zone code

C2

Property type

Office buildings

APN

6-0007 -02-003

APU

6000702003

Description

This 1,896 square foot, single-story office building in Garden City, Georgia, presents a compelling investment opportunity. Located on high-traffic Augusta Road, this property boasts excellent visibility and convenient access to I-16 and I-95, as well as the Georgia Ports and historic Savannah. The building, constructed in 1958, features an all-brick exterior, a private parking lot with a locking gate accommodating 5 vehicles, and a functional interior layout. The interior includes a spacious reception area, a sizable conference room, a kitchen, a bathroom, and two offices—one with its own private bathroom. Zoned C-2, this property offers a multitude of business possibilities, particularly given the significant recent growth in Garden City (property values increased 10.9% between 2021 and 2022). The proximity to the new K-12 school (capacity 2400 students) further enhances the potential for sustained business success. Currently vacant, this building is priced at $429,900 ($226.74 per square foot) and is offered for sale by owner. This is a rare chance to acquire a well-situated commercial property in a thriving market. The property's strong location and versatile layout make it ideal for a variety of businesses seeking a prominent presence in Garden City.

• CAP approach

  CAP return

  Valuation

  6%

  $392,878

  6.5%

  $362,656

  7%

  $336,752

• Comparable approach

  Method

  Valuation

  Relative Method

  $169,501

  Geo Method

  $128,947

• Alternative Use

  Use

  Valuation

  Residential

  $449,694

  Hospitality

  $411,917

  Educational

  $342,710

  Medical

  $354,496

  Retail

  $533,105

Location Insight

City

Garden City

County

Chatham

State

Georgia

Latitude

32.1172

Longitude

-81.1656

CBSA code

42340

CBSA name

SAVANNAH, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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