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    3313 Perkins Rd Augusta, GA 30906

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    Sponsored
    For Lease
    $12 SF/Yr ($6,300 /Mo)

    Prime Augusta flex space, ideal for various businesses.

    Lot size:
    6,300 SF

    Property Features for 3313 Perkins Rd

    General Information

    Property type
    Flex space
    Lease Type
    Modified Gross
    RSF (Rentable sq. ft)
    6,300 SF
    USF (Usable sq. ft)
    6,300 SF
    Elevators
    N/A
    Total Rate
    6300
    Lease Term
    Long Term

    Amenities

    Building Details

    Year Built
    1973

    Overview

    Augusta Flex Space For Lease

    This 6,300-square-foot flex space in Augusta, Georgia, offers a versatile solution for businesses. The property boasts convenient access to Augusta Regional Airport (approximately 5 minutes), I-520 (approximately 10 minutes), Mike Padgett Highway (approximately 12 minutes), and I-20 (approximately 20 minutes). The building features ample parking and signage opportunities, enhancing visibility and accessibility. Each unit includes a drive-in door and a bathroom, providing practical functionality. The property is situated in a thriving industrial area, surrounded by established companies such as Textron Campus, Cardinal Health, Keebler Co., and Prayon, creating a strong business environment. The property is classified as flex space, warehouse, office space, industrial property, and office property. The Richmond County TMS number is 134-0-001-06-0.

    We can help!

    Listing Contact
    Lindsey Twining

    Learn more

    Property Insight Report

    HighLights

    • 6,300 sq ft flex buildings with ample parking and signage opportunities.
    • Convenient location: 5 minutes from Augusta Regional Airport and near major highways.
    • Each unit features a drive‑in door and private bathroom; ideal for various businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    L H Machine ... Industrial Manufacturer Warehouse Liquidators Liquidator Emily Bartholomew Drug ... Pharmacy southernbattery com Auto Parts Store Jared and Cody's Couch ... Furniture & Home Goods

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    State
    Georgia
    Longitude
    -81.994812
    Latitude
    33.396811

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    FAQs

    What type of property is this?
    Flex space - Prime Augusta flex space, ideal for various businesses.
    Where is this flex space located?
    The property is located at 3313 Perkins Rd Augusta, GA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features:
    (864) 380-4917
    Request Owner's contact information
    3313 Perkins Rd Augusta, GA 30906
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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.

    More about this property
    3313 Perkins Rd Augusta, GA 30906
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    We can help!
    Listing Contact
    Lindsey Twining
    (864) 380-4917
    Learn more
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