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New Construction Flex Space
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1024 Telfair St, Augusta, GA 30901

Office-showroom property with warehouse space, high ceilings, and a drive-in bay door in downtown Augusta.

Property Size19,690 SF
Price / SF$190.45
Days on Market369

Property Features for 1024 Telfair St

General Information

Standard status Active
Size 19,690 SF
Property subtype OFFICE

Warehouse & Industrial

Clear Height 26 ft
Warehouse Space 2,510 SF
Drive-In Doors 1

Building Details

Stories 2
Listing Agency: Jordan Trotter Commercial Real Estate
Listed By: Parker Dye · License #357255
Source: Moodyscre
Added: Jul 29, 2025 Changed: Jul 31 Last Checked: Aug 1 at 6:28AM

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 Jordan Trotter Commercial Real Estate

Investment Insights

Based on property information with market context.

New construction flex space at 1024 Telfair St in Augusta, Georgia, combines office, showroom, and warehouse components. The property includes an 11,200-square-foot first floor, an 8,490-square-foot second floor, and 2,510 square feet of warehouse space.

The building features 26-foot ceilings and a 14-foot-wide by 12-foot-high drive-in bay door. Located in downtown Augusta, the property offers a configuration suited to office-showroom and warehouse operations.

Key Highlights

  • New construction office‑showroom property at 1024 Telfair St, Augusta, GA 30901
  • 11,200 SF first floor and 8,490 SF second floor
  • 2,510 SF warehouse space

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $472.6k $24.00
− Vacancy −$70.9k −$3.60
EGI $401.7k $20.40
− OpEx −$100.4k −$5.10
NOI $301.3k $15.30
19,690 SF · lease $24.00/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$4.30M
$3.77M – $5.02M (±1% cap)
NOI $301,257 @ 7.0% cap · market cap 8.03%
Second Best
Retail
$3.13M
$2.74M – $3.66M (±1% cap)
NOI $219,345 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$6.21M
$5.44M – $7.25M (±1% cap)
NOI $435,046 @ 7.0% cap · market cap 11.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Storage Facility Auto Parts Store Veterinary Clinic (Bike/Boat/Book/etc) Store Furniture & Home Goods Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

26 ft
Clear height
1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

1,486
Businesses Nearby
Balanced
Demand for This Use

Demographics for 30901, GA

15,978
Population
8,848
Households
1.8
Avg Household Size
38
Median Age
13%
College-Educated
76%
High-School Grad
17.6 sq mi
ZIP Area
908
Density / Sq Mi
$23,019
Median Household Income
$24,349
Median Earnings
$805
Median Rent
$92,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Fielding Bros BBQ Shack — 855 Laney Walker Blvd, Augusta, GA 30901
  • Berry's Catering + Events — 559 Watkins St, Augusta, GA 30901
  • Hookah by Mike Catering, LLC — Broad St, Augusta, GA 30901
  • Laziza Catering — 1030 Reynolds St, Augusta, GA 30901
  • Bradley's BBQ — 1450 Greene St Ste. 600, Augusta, GA 30901

Frequently Asked Questions

What type of property is this?
Flex space - Office-showroom property with warehouse space, high ceilings, and a drive-in bay door in downtown Augusta.
Where is this flex space located?
The property is located at 1024 Telfair St Augusta, GA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: New construction office‑showroom property at 1024 Telfair St, Augusta, GA 30901; 11,200 SF first floor and 8,490 SF second floor; 2,510 SF warehouse space
(706) 399-9303 Call to check price and availability
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