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    2417 Doug Barnard Parkway, Augusta, GA 30906

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    For Sale
    $789,000

    LAND - Augusta, GA

    Lot size:
    8.69 Acres
    Added:
    Aug 23, 2024
    Days on Market:
    647
    Last Refresh:
    May 31 at 8:06 pm

    Property Features for 2417 Doug Barnard Parkway

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Agricultural
    Standard status
    Active
    APN
    0990070000
    Lot size
    8.69 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    09900700000

    We can help!

    Listing Contact
    Lili M Youngblood
    Lili M Youngblood

    Listing agent Lili M Youngblood License #181533

    Listing office Meybohm Real Estate - Wheeler 3519 Wheeler Rd, Augusta, GA

    Listing date Aug 23, 2024

    MLS# 98225067

    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.

    HighLights

    • High‑traffic location on GA Hwy 56 (Doug Barnard Pkwy) with 346 ft frontage
    • Proximity to proposed Amazon facility (approx. 169,104 sf on 65 acres)
    • Development potential for industrial, commercial, or mixed‑use
    • Easy access to Augusta, GA and North Augusta, SC via Doug Barnard Rd
    • Public water available
    • Close proximity to Bobby Jones Expressway (I‑520) and Augusta Regional Airport

    Overview

    This 8.69-acre parcel presents a prime development opportunity in South Augusta, situated in a high-traffic corridor along GA Hwy 56 (Doug Barnard Pkwy) at the intersection of Nixon Rd. The land, formerly zoned Industrial but now classified as Agricultural, offers strong development potential due to its location near a proposed Amazon facility. The site is heavily wooded with mature hardwoods and pines and features a relatively level topography. It has approximately 346 feet of frontage on Doug Barnard Pkwy and a potential rear access point on Gravel Pit Rd with 83 feet of frontage. Public water is available from Richmond County. The property is adjacent to Southern Parking & Storage, 2 miles from Bobby Jones Expressway (I-520), and 2.5 miles from Augusta Regional Airport. The surrounding area includes major industrial employers. The nearby proposed Amazon facility is planned to be approximately 169,104 square feet on a 65-acre site. Doug Barnard Rd provides easy access to all areas of Augusta, GA, and North Augusta, SC, making it a potentially suitable investment for future industrial, commercial, or mixed-use development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Department Store Kitchen & Bath Showroom Food Market Grocery & Convenience Store Discount Store Car Rental Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Columbia
    State
    Georgia
    Longitude
    -81.9900086
    Latitude
    33.423532

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    FAQs

    What type of property is this?
    Commercial land - 8.69-acre parcel with development potential near proposed Amazon site.
    Where is this commercial land located?
    The property is located at 2417 Doug Barnard Parkway Augusta, GA.
    What is the asking price?
    The asking price for this property is $789,000.
    What are key features of this property?
    This property features: High‑traffic location on GA Hwy 56 (Doug Barnard Pkwy) with 346 ft frontage; Proximity to proposed Amazon facility (approx. 169,104 sf on 65 acres); Development potential for industrial, commercial, or mixed‑use
    (706) 829-2500
    We can help!
    Listing Contact
    Lili M Youngblood
    Lili M Youngblood
    Real Estate License ID: 181533
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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