Augusta Retail Opportunity For
1675 Olive Road Augusta, GA 30904
For Sale
$1,500,000
COMMERCIAL - Augusta, GA
Property Size5,390 SF
Lot Size0.53 Acres
Price / SF$278.29
Days on Market265
Property Features for 1675 Olive Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 0583101000
- Size
- 5,390 SF
- Lot size
- 0.53 Acres
Taxes and HOA fees
- Tax Year
- 24
- Tax Annual Amount
- 3994
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1953
- Building materials
- Block, Concrete
Listing Agency:
Realty ONE Group Vista
(706) 400-1212
Listed By:
Donna Dillard · License #42791
(678) 777-1813
Added: Nov 2, 2025
Changed: Apr 15
Last Checked: Jul 24 at 6:06AM
MLS# 10642072
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail property, located in Augusta, GA, presents an opportunity to own a community business. The property is situated on a 0.53-acre lot and includes a 5390-square-foot building. The location is noted as a local community convenience grocery store. The store offers a selection of fresh produce, pantry staples, snacks, and household goods, aiming to meet the basic shopping needs of area residents by offering a convenient option for quick and easy shopping trips.
Key Highlights
- Opportunity to own a community convenience grocery store.
- Offers fresh produce, pantry staples, snacks, and household goods.
- Aims to meet basic shopping needs of local residents.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.3k | $16.56 |
| − Vacancy | −$4.8k | −$0.89 |
| EGI | $84.4k | $15.67 |
| − OpEx | −$21.1k | −$3.92 |
| NOI | $63.3k | $11.75 |
5,390 SF · lease $16.56/SF/yr · vacancy 5.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$904.7K
$791.6K – $1.06M
NOI $63,329 @ 7.0% cap · market cap 4.22%
Second Best
Retail
$857.8K
$750.6K – $1.00M
NOI $60,044 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$1.70M
$1.49M – $1.98M
NOI $119,091 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar Off Market Nearby
- Yeung Supermarket — 1671 Olive Rd, Augusta, GA 30904
FAQs
What type of property is this?
Grocery and convenience store - Retail property in Augusta, GA, with community business potential.
Where is this grocery and convenience store located?
The property is located at 1675 Olive Road Augusta, GA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Opportunity to own a community convenience grocery store.; Offers fresh produce, pantry staples, snacks, and household goods.; Aims to meet basic shopping needs of local residents.
