Corner-Lot Car Wash
For Sale
$175,000
1800 NW Kissingbower Road, Augusta, GA 30904
Commercial Sale, Augusta, GA
Property Size1,780 SF
Lot Size0.47 Acres
Price / SF$98.31
Days on Market2492
Property Features for 1800 NW Kissingbower Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B1
Parking
8
Parking features
Parking Lot
Lot features
Open Lot, Level
Directions
Gordon Highway to Kissingbower Rd, Property is on the right corner lot,
Standard status
Active
APN
057-3-130-00-0
Size
1,780 SF
Lot size
0.47 Acres
Taxes and HOA fees
Tax Year
2020
Tax Annual Amount
1000
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1965
Number of units
1
Roof type
Composition, Built-Up
Listing Agency:
Century 21 Jeff Keller Realty
(706) 796-0106
Listed By:
Mary Lee Williams · License #205453
(706) 294-3349
Added: Nov 3, 2019
Changed: Aug 19
Last Checked: Aug 29 at 2:06AM
MLS# 98225062
Copyright © 2026 Hive MLS. 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 commercial car wash property occupies a 0.47-acre corner lot and includes a 1,780-square-foot building constructed in 1965. The improvements support car wash and garage or repair uses, with a parking lot, composition and built-up roofing, and available natural gas. Public water and public sewer serve the property.
The site is located near Pendleton King Park, the VA Medical Center, Trinity Hospital, and Augusta University. Fort Gordon is identified as 7 miles away. B1 zoning provides the stated commercial land-use designation for the property.
The site is located near Pendleton King Park, the VA Medical Center, Trinity Hospital, and Augusta University. Fort Gordon is identified as 7 miles away. B1 zoning provides the stated commercial land-use designation for the property.
Key Highlights
- 0.47‑acre corner lot with an existing commercial building
- 1,780 SF building constructed in 1965
- B1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,206
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$224,120
$224.1K
Cap Rate 7%
$160,086
$160.1K
Cap Rate 9%
$124,511
$124.5K
Market Conditions
NOI Build-Up for 1,780 SF
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.
Gross rent
$17.5K $9.84/SF
− Vacancy
−$1.5K −$0.85/SF
EGI
$16.0K $8.99/SF
− OpEx
−$4.8K −$2.70/SF
NOI
$11.2K $6.30/SF
Area
Augusta, GA
Vacancy
8.60%
Lease Rate
$9.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$224,120
Cap Rate 7%
$160,086
Cap Rate 9%
$124,511
Alternative Uses
Best Use
Specialty Retail
$298.8K
$261.4K – $348.6K
NOI $20,914 @ 7.0% cap · market cap 11.95%
Second Best
Retail
$283.3K
$247.9K – $330.5K
NOI $19,829 @ 7.0% cap · market cap 11.33%
Theoretical Best
Office A
$561.8K
$491.6K – $655.5K
NOI $39,329 @ 7.0% cap · market cap 22.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
Explore this area
Business Placement
Demographics for 30904, GA
24,145
Population
12,558
Households
1.9
Avg Household Size
38
Median Age
31%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
2,195
Density / Sq Mi
$45,636
Median Household Income
$29,101
Median Earnings
$953
Median Rent
$185,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Car wash - B1-zoned commercial property with an existing building, repair-garage functionality, public utilities, and on-site parking.
Where is this car wash located?
The property is located at 1800 NW Kissingbower Road Augusta, GA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 0.47‑acre corner lot with an existing commercial building; 1,780 SF building constructed in 1965; B1 zoning
