New Construction Flex
For Sale
$3,750,000
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
Days on Market94
Property Features for 1024 Telfair St
General Information
Standard status
Active
Size
19,690 SF
Class
A
Property subtype
Office
Site & Location
Neighborhood
Central Business District
Warehouse & Industrial
Clear Height
26 ft
Warehouse Space
2,510 SF
Drive-In Doors
1
Building Details
Building Size
19,690 SF
Year Built
2019
Stories
2
Listing Agency:
Jordan Trotter Commercial Real Estate
Listed By:
Parker Dye · License #357255
(706) 399-9303
Source:
Jordantrotter
Added: Jul 30
Changed: Oct 26
Last Checked: Oct 30 at 12:25PM
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
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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.
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
Estimated NOI and Cap Rate
NOI / Yr
$301,257
Cap Rate
8.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,025,140
$6.0M
Cap Rate 7%
$4,303,671
$4.3M
Cap Rate 9%
$3,347,300
$3.3M
Market Conditions
NOI Build-Up for 19,690 SF
Gross rent
$472.6K $24.00/SF
− Vacancy
−$70.9K −$3.60/SF
EGI
$401.7K $20.40/SF
− OpEx
−$100.4K −$5.10/SF
NOI
$301.3K $15.30/SF
Area
Augusta, GA
Vacancy
15.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,025,140
Cap Rate 7%
$4,303,671
Cap Rate 9%
$3,347,300
Alternative Uses
Best Use
Office B
$4.30M
$3.77M – $5.02M
NOI $301,257 @ 7.0% cap · market cap 8.03%
Second Best
Retail
$3.13M
$2.74M – $3.66M
NOI $219,345 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$6.21M
$5.44M – $7.25M
NOI $435,046 @ 7.0% cap · market cap 11.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
26 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
2,483
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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
- Bradley's BBQ — 1450 Greene St Ste. 600, Augusta, GA 30901
- Hookah by Mike Catering, LLC — Broad St, Augusta, GA 30901
- Laziza Catering — 1030 Reynolds St, 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
