Sign Up Successful!
You now have access to more from Realmo!
    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

    3079 Riverwatch Pkwy Augusta, GA 30907

    Sponsored
    For Sale
    $1,155,000

    LAND - Augusta, GA

    Lot size:
    3.53 Acres
    Days on Market:
    87
    Last Refresh:
    Feb 22 at 2:06 pm

    Property Features for 3079 Riverwatch Pkwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C3
    APN
    0070004000
    Lot size
    3.53 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Septic Tank
    Water source
    Public

    Building Details

    Year built
    1955

    We can help!

    Listing Contact
    Christopher A Leitza

    Keller Williams Realty Augusta (706) 868-3772

    Listing agent Christopher A Leitza (706) 294-6761 License #132285

    Listing date Nov 28, 2025

    MLS# 543711

    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.

    Learn more

    Property Insight Report

    Overview

    Prime Land on River Watch Parkway

    This 3.53-acre, nearly square and level tract of land presents a major professional building opportunity. Situated on River Watch Parkway, the property is adjacent to and across from some of the newest professional buildings in the area. Currently, there are three structures on the property, one of which may be suitable for use as a construction office during development. The zoning is B-2 for business and R-1A for houses, with the potential for easy rezoning to accommodate a professional complex. The site is also suitable for assisted living, a long-term care facility, or multifamily housing, which aligns well with the surrounding properties. A brick ranch on the property is currently rented on a month-to-month basis, allowing for a quick closing if needed. The location offers significant potential, with high road exposure and neighboring properties that enhance the value of any new structure. The property is located less than 1 mile from I-20 and approximately 6.9 miles from the downtown Medical District, in Augusta, GA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Columbia
    State
    Georgia
    Longitude
    -82.047763
    Latitude
    33.524303

    Nearby Similar for Sale

    • $515,000
      10,758 SF

      Augusta Church Building For Sale

      Church property in Augusta's Mid-Town, ideal for redevelopment.
      1815 Central Ave, Augusta, GA 30904
      View Details
    • $850,000
      5,978 SF

      Mixed-Use Investment in Olde Town

      Mixed-use property with apartments and commercial spaces in Augusta, GA.
      602 3Rd St, Augusta, GA 30901
      View Details
    • $1,590,000
      9,332 SF

      Augusta Income-Producing Commercial Property

      Turn-key, income-producing property in a high-visibility Columbia County location.
      339 Marshall St, Augusta, GA 30907
      View Details
    • $350,000
      7,356 SF

      Augusta Commercial Investment Opportunity

      Restaurant-ready property on 1.57 acres with redevelopment potential.
      3044 Deans Bridge Rd, Augusta, GA 30906
      View Details
    • New
      $425,000
      3,160 SF

      Multi-Family Investment Opportunity

      Five units across three buildings near downtown Augusta.
      1712 Central Ave, Augusta, GA 30904
      View Details
    • $2,800,000
      15,483 SF

      Spacious Office Near Wheeler Road

      Extensive office space with modern amenities and convenient location.
      2822 Hillcreek Dr, Augusta, GA 30909
      View Details
    • $349,000
      2,756 SF

      Renovated Duplex in Historic Summerville

      Fully renovated duplex in Augusta's historic Summerville neighborhood.
      2349 Wrightsboro Rd, Augusta, GA 30904
      View Details
    • New
      $165,000
      Pending

      Duplex in Harrisburg Neighborhood

      Investment opportunity near medical district, downtown, and university.
      1936 Warren St, Augusta, GA 30904
      View Details
    • New
      $159,900
      1,680 SF

      Renovated Duplex Near Medical District

      Recently renovated duplex near medical district and Fort Eisenhower.
      1533 Wooten Rd, Augusta, GA 30904
      View Details
    • $385,000
      2,376 SF

      Augusta Triplex Near Downtown

      Income-producing triplex near downtown Augusta, medical district, and university.
      1904 Central Ave, Augusta, GA 30904
      View Details
    • $399,900
      2,108 SF

      Augusta Duplex For Sale

      Two-unit property in Augusta, Georgia, each with two stories.
      3909 Roberts Rd, Augusta, GA 30907
      View Details
    • $450,000
      1,080 SF

      Turn-Key Restaurant Augusta, GA

      Profitable restaurant opportunity in high-traffic Augusta location.
      1795 Martin Luther King Jr Blvd, Augusta, GA 30901
      View Details

    FAQs

    What type of property is this?
    Commercial land - 3.53 acre tract ideal for professional or assisted living.
    Where is this commercial land located?
    The property is located at 3079 Riverwatch Pkwy Augusta, GA.
    What is the asking price?
    The asking price for this property is $1,155,000.
    What are key features of this property?
    This property features: - Prime 3.53-acre level lot on River Watch Parkway, ideal for professional building development.; - Excellent location near new professional buildings in the CSRA.; - Flexible zoning (B-2 and R-1A) with potential for rezoning to suit professional complex, assisted living, or multifamily development.
    (706) 294-6761
    Request Owner's contact information
    3079 Riverwatch Pkwy Augusta, GA 30907
    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.
    3079 Riverwatch Pkwy
    Augusta, GA 30907
    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
    3079 Riverwatch Pkwy Augusta, GA 30907
    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

    We can help!
    Listing Contact
    Christopher A Leitza
    Real Estate License ID: 132285
    (706) 294-6761 (706) 868-3772
    Learn more
    Google sign-in failed. Please try again or use another login method.