Renovated Flex Space with Secure
For Sale
$450,000
1010 Druid Park Ave, Augusta, GA 30904
Updated office and open work areas support varied commercial operations.
Property Size3,796 SF
Price / SF$118.55
Days on Market86
Property Features for 1010 Druid Park Ave
General Information
Standard status
Active
Size
3,796 SF
Building Details
Year Built
1998
Listing Agency:
Douglas Lane Real Estate Group
Listed By:
Jacob M Glover · License #389791
(762) 333-3096
Source:
Bradberrygarnerrealestate
Added: Jul 21
Changed: Oct 4
Last Checked: Oct 7 at 1:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Lane Real Estate Group
Investment Insights
Based on property information with market context.
Renovated in 2025, this flex space combines five private offices with a reception point, a dedicated intake area, and a substantial open section for storage or work activities. The building also includes a 10-foot bay roll-up door that supports loading, unloading, and day-to-day access.
Security and access improvements include a newly installed perimeter fence and electric gate. Located at 1010 Druid Park Ave in Augusta, the property offers a combination of enclosed office areas, operational space, and secured exterior area within a single commercial facility. The configuration can accommodate an owner-user, an investor, or multiple occupants, subject to applicable requirements.
Security and access improvements include a newly installed perimeter fence and electric gate. Located at 1010 Druid Park Ave in Augusta, the property offers a combination of enclosed office areas, operational space, and secured exterior area within a single commercial facility. The configuration can accommodate an owner-user, an investor, or multiple occupants, subject to applicable requirements.
Key Highlights
- Renovated in 2025 with a new roof and updated interior finishes
- Five private office spaces plus reception and a dedicated intake area
- 10‑foot bay roll‑up door for loading and operational access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,333
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,660
$646.7K
Cap Rate 7%
$461,900
$461.9K
Cap Rate 9%
$359,256
$359.3K
Market Conditions
NOI Build-Up for 3,796 SF
Gross rent
$54.7K $14.40/SF
− Vacancy
−$4.9K −$1.30/SF
EGI
$49.7K $13.10/SF
− OpEx
−$17.4K −$4.59/SF
NOI
$32.3K $8.52/SF
Area
Augusta, GA
Vacancy
9.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,660
Cap Rate 7%
$461,900
Cap Rate 9%
$359,256
Alternative Uses
Best Use
Office B
$829.7K
$726.0K – $968.0K
NOI $58,079 @ 7.0% cap · market cap 12.91%
Second Best
Flex RnD
$461.9K
$404.2K – $538.9K
NOI $32,333 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,872 @ 7.0% cap · market cap 18.64%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,957
Businesses Nearby
Balanced
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Updated office and open work areas support varied commercial operations.
Where is this flex space located?
The property is located at 1010 Druid Park Ave Augusta, GA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Renovated in 2025 with a new roof and updated interior finishes; Five private office spaces plus reception and a dedicated intake area; 10‑foot bay roll‑up door for loading and operational access
