Three-Bay Auto
For Sale
$189,900
2687 Barton Chapel Road, Augusta, GA 30906
COMMERCIAL - Augusta, GA
Property Size1,798 SF
Lot Size0.68 Acres
Price / SF$105.62
Days on Market327
Property Features for 2687 Barton Chapel Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B2
Parking features
Garage
Subdivision
Not In Subdivision
Lot features
Corner Lot
Directions
From Broad Street to 15th Street (US-1/US-25) heading south, cross the river/canal area. Merge onto Gordon Highway (US-78) eastbound for about 3 miles. Turn right onto Deans Bridge Road (US-1) southbound (Deans Bridge Road) for approximately 2 miles. Turn left onto Barton Chapel Road. Continue about 0.3
Special listing conditions
Probate Listing
Standard status
Active
APN
1070020000
Size
1,798 SF
Lot size
0.68 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
1070020000
Tax Annual Amount
1553
Legal Description
1070020000
Utilities
Utilities
Natural Gas Available
Amenities
small office
bathroom
storage
Building Details
Year built
1979
Number of units
1
Roof type
Composition
Listing Agency:
Dalton Wade, Inc.
(888) 668-8283
Listed By:
Charlton A Carswell · License #205329
(706) 373-9162
Added: Sep 19, 2025
Changed: Aug 11
Last Checked: Aug 11 at 9:06PM
MLS# 98227072
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.
Located at 2687 Barton Chapel Road in Augusta, Georgia, this 1,798-square-foot auto shop occupies 0.68 acres and is currently configured for automotive repair. The building includes three service bays, a small office, a bathroom, and storage space, with garage parking and a composition roof. Constructed in 1979, the property also has natural gas available.
The site is positioned along Barton Chapel Road in the 30906 postal area, where the reported traffic count approaches 35,000. B2 zoning provides the governing commercial land-use designation. The existing layout offers a compact service-oriented building with dedicated work areas and supporting office, restroom, and storage components.
The site is positioned along Barton Chapel Road in the 30906 postal area, where the reported traffic count approaches 35,000. B2 zoning provides the governing commercial land-use designation. The existing layout offers a compact service-oriented building with dedicated work areas and supporting office, restroom, and storage components.
Key Highlights
- Three service bays with small office, bathroom, and storage
- 1,798 SF building on 0.68 acres
- B2 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
$11,320
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
5.96%
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%
$226,400
$226.4K
Cap Rate 7%
$161,714
$161.7K
Cap Rate 9%
$125,778
$125.8K
Market Conditions
NOI Build-Up for 1,798 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
$17.7K $9.84/SF
− Vacancy
−$1.5K −$0.85/SF
EGI
$16.2K $8.99/SF
− OpEx
−$4.9K −$2.70/SF
NOI
$11.3K $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%
$226,400
Cap Rate 7%
$161,714
Cap Rate 9%
$125,778
Alternative Uses
Best Use
Retail
$286.1K
$250.4K – $333.8K
NOI $20,030 @ 7.0% cap · market cap 10.55%
Second Best
Industrial
$161.7K
$141.5K – $188.7K
NOI $11,320 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$567.5K
$496.6K – $662.1K
NOI $39,726 @ 7.0% cap · market cap 20.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Service bays
35,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
219
Businesses Nearby
101k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Groceries 21%
Shops & Services 18%
Electronics 1%
McDonald's
Dining
34,785 visits/mo
0.2 miles
IGA
Groceries
21,191 visits/mo
0.2 miles
Burger King
Dining
15,346 visits/mo
0.1 miles
Captain D's
Dining
10,060 visits/mo
0.4 miles
Family Dollar
Shops & Services
8,959 visits/mo
0.3 miles
Demographics for 30906, GA
58,458
Population
24,663
Households
2.4
Avg Household Size
37
Median Age
12%
College-Educated
85%
High-School Grad
86.7 sq mi
ZIP Area
674
Density / Sq Mi
$46,159
Median Household Income
$29,218
Median Earnings
$1,051
Median Rent
$115,000
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.
Similar Off Market Nearby
- Danny's Used Tire Auto Repair — 3247 Deans Bridge Rd, Augusta, GA 30906
- Roy's Auto Repair — 2687 Barton Chapel Rd, Augusta, GA 30906
- Mobile Mechanic Augusta GA — 2942 Glenn Hills Dr, Augusta, GA 30906
- One Stop Auto and Cycle, LLC — 3105 Spring Grove Dr F-2/F-3, Augusta, GA 30906
- Tire World — 3105 Spring Grove Dr, Augusta, GA 30906
Frequently Asked Questions
What type of property is this?
Auto shop - B2-zoned commercial property with office, restroom, storage, natural gas availability, and composition roofing.
Where is this auto shop located?
The property is located at 2687 Barton Chapel Road Augusta, GA.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Three service bays with small office, bathroom, and storage; 1,798 SF building on 0.68 acres; B2 zoning
