2522 Reynolds Industrial Rd, Augusta, GA
Two buildings on 3.13 acres near I-20.
- Added:
- Dec 9, 2023
- Days on Market:
- 917
- Last Refresh:
- May 20 at 8:33 pm
Property Features for 2522 Reynolds Industrial Rd
General Information
- Standard status
- Active
- Size
- 11,000 SF
- Lot size
- 3.13 Acres
- Property subtype
- INDUSTRIAL
Listing agent Connie Wilson License #75509 (706) 394-4661
Listing office Sherman & Hemstreet - Augusta (706) 394-4661
Listing date Dec 9, 2023
Source Moodyscre
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HighLights
- Income‑producing property with long‑term tenant in 4,800 SF building.
- Prime location just off I‑20 and River Watch Parkway at Exit 198.
- 3.13 acres leveled with gravel, suitable for development.
- Two existing buildings: 6,200 SF welding shop and 4,800 SF leased space.
- Potential for expansion with plans drawn for up to 4 more warehouses.
- Additional income from trailer parking on the property.
Overview
Local Financial Insights For Warehouse
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 | $108.2k | $9.84 |
| − Vacancy | −$9.3k | −$0.85 |
| EGI | $98.9k | $8.99 |
| − OpEx | −$14.8k | −$1.35 |
| NOI | $84.1k | $7.64 |
Alternative Uses
Current Use by Public Records
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Location Insight
- Map
- Local Demand
- City
- Augusta
- County
- Columbia
- State
- Georgia
- Longitude
- -82.0364
- Latitude
- 33.5224