Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2509 Spirit Creek Road Hephzibah, GA 30815

    View on Map
    For Sale
    $169,000

    LAND - Hephzibah, GA

    Lot size:
    2.54 Acres
    Added:
    Mar 17, 2026
    Days on Market:
    16
    Last Refresh:
    Apr 1 at 4:06 pm

    Property Features for 2509 Spirit Creek Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    153-2-002-00-0
    Lot size
    2.54 Acres

    Taxes and HOA fees

    TaxDescription
    Parcel # 153-2-002-00-0 Deed book 1499 page 871 Plat book 844 page 254

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Robert Dean Newman
    Robert Dean Newman

    Listing agent Robert Dean Newman License #49942

    Listing office Newman Real Estate 3540 Wheeler Rd Suite 103, Augusta, GA

    Listing date Mar 17, 2026

    MLS# 222324

    Copyright © 2026 Aiken Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land Opportunity

    This 2.54-acre parcel is located in south Augusta, just off Windsor Spring Road. The lot has all utilities and is suitable for development under B-1 (neighborhood business) zoning. The property fronts Windsor Spring Road and is located across the street from Diamond Lakes Elementary School, making it potentially suitable for a children's day care facility. The property has approximately 280 feet of frontage on Spirit Creek Drive, offering excellent access. It is situated one-half mile from Tobacco Road and the Walmart Neighborhood Market, and four miles from Fort Eisenhower. The surrounding area features a mix of commercial and residential spaces, making it an ideal location for developers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hephzibah
    County
    Richmond
    State
    Georgia
    Longitude
    -82.0762213
    Latitude
    33.370549

    Nearby Similar for Sale

    • $499,000
      11,000 SF

      Hephzibah Strip Center Investment

      Established strip center with long-term tenants and growth potential.
      2356 Georgia 88, Hephzibah, GA 30815
      View Details
    • $169,000

      Prime Commercial Land Opportunity

      2.54 acre parcel in south Augusta, suitable for development.
      2509 Spirit Creek Road, Hephzibah, GA 30815
      View Details
    • $500,000

      Hephzibah, GA Zoned Land

      Over one acre of B-2 zoned land in Hephzibah.
      3637 Morgan Road, Hephzibah, GA 30815
      View Details
    • $180,000
      30,492 SF

      Hephzibah Land For Sale

      0.7 acre commercial land available in Hephzibah, Georgia.
      2868 Tobacco Road, Hephzibah, GA 30815
      View Details
    • $395,000

      69 Acres in Hephzibah, GA

      69 acres of versatile land in Hephzibah, Georgia.
      4253 Bath Edie Road, Hephzibah, GA 30815
      View Details
    • $85,000

      Hephzibah Land for Commercial Use

      4.18 acres in Hephzibah, GA, ideal for commercial development.
      3892 Deans Bridge Road, Hephzibah, GA 30815
      View Details
    • $300,000

      74 Acres in Richmond County

      74+/- acres in Richmond County, 30 minutes from Augusta.
      5277 Farmers Bridge Road, Hephzibah, GA 30815
      View Details
    • $1,250,000

      Hephzibah Land Near Fort Eisenhower

      13.98 acres near Fort Eisenhower, Augusta, zoned Multi Family.
      3640 Deans Bridge Road, Hephzibah, GA 30815
      View Details
    • $495,000

      Hephzibah Commercial Land Opportunity

      Commercial land in Hephzibah's growing community, ready for development.
      4507 WINDSOR SPRING Road, Hephzibah, GA 30815
      View Details
    • $130,000
      1,568 SF

      Hephzibah Office Space For Sale

      Office space for sale in Hephzibah, Georgia, near Fort Eisenhower.
      3603 HIERS Boulevard, Hephzibah, GA 30815
      View Details
    • $400,000

      Cleared Land Ready For Development

      3.8 acres of cleared land in Hephzibah, Georgia.
      4214 Windsor Spring Road, Hephzibah, GA 30815
      View Details
    • $957,000

      Hephzibah Land with Development Potential

      159.5-acre tract suitable for development, timber investment, recreation, hunting.
      1447 Greiner Circle, Hephzibah, GA 30815
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.54 acre parcel ideal for commercial development.
    Where is this commercial land located?
    The property is located at 2509 Spirit Creek Road Hephzibah, GA.
    What is the asking price?
    The asking price for this property is $169,000.
    What are key features of this property?
    This property features: 2.54 acre parcel with all utilities available.; Located in south Augusta off Windsor Spring Road, near Tobacco Road intersection.; B‑1 (neighborhood business) zoning allows for various commercial ventures.
    (706) 339-4379
    We can help!
    Listing Contact
    Robert Dean Newman
    Robert Dean Newman
    Real Estate License ID: 49942
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!