Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    311 7Th St Augusta, GA 30901

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,000 /Mo

    Versatile 1,500 SF retail space in downtown Augusta.

    Lot size:
    0.11 Acres

    Property Features for 311 7Th St

    General Information

    Standard status
    Active
    Lot size
    0.11 Acres

    We can help!

    Listing Contact
    Joe White
    Source: Exprealty

    Listing Agency: VUE REAL ESTATE INC Listing Agent: Joe White

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Downtown Augusta Retail Space Available

    This commercial space, formerly a hair salon/barbershop, is available for lease in downtown Augusta. The property offers 1,500 square feet of space, including a full kitchen, a full bathroom, and a private office. Multiple sinks are present. The space is suitable for various business ventures and is located within a vibrant downtown community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Serenity Concepts Salon Hair Salon

    Suggested Use

    Restaurant Real Estate Agency Dental Office Spa & Massage Center Law Firm Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Columbia
    State
    Georgia
    Longitude
    -81.964296
    Latitude
    33.4732972

    Nearby Similar for Lease

    • $28 SF/Yr
      20,000 SF

      Two-Story Office Building for Lease

      18,745 SF office building with backup power and modern finishes.
      159 Craig Sims Pkwy, Augusta, GA 30909
      View Details
    • Contact for pricing
      8,816 SF

      Augusta Office and Data Center

      Renovated office and data center on 82 acres.
      3464 Mike Padgett Hwy, Augusta, GA 30906
      View Details
    • Contact for pricing
      27,940 SF

      Shaffer MacCartney Building Office Space

      Office and coworking space available for lease in Augusta, GA.
      200 Grace Hopper Ln, Augusta, GA
      View Details
    • $1,125 /Mo

      Renovated Downtown Apartment with Balcony

      Newly renovated apartment in Augusta's Olde Town neighborhood.
      136 Broad Street Ext, Augusta, GA 30901
      View Details
    • $15 SF/Yr
      10,000 SF

      Downtown Augusta Move-In Ready Office

      Move-in-ready office spaces in Downtown Augusta's premium MAU building.
      501 Greene St, Augusta, GA 30901
      View Details
    • $14 SF/Yr
      2,624 SF

      Retail/Medical Suite in South Augusta

      2,624 SF suite in high-visibility South Augusta corridor.
      3736 Mike Padgett Hwy, Augusta, GA 30906
      View Details
    • $17 SF/Yr
      1,690 SF

      Prime Augusta Location Office Space

      Office space in a high-traffic Augusta location, ideal for business.
      525 Pleasant Home Rd, Augusta, GA 30907
      View Details
    • $7 SF/Yr
      4,688 SF

      Augusta Office Space for Lease

      Flexible workspace solutions in Augusta, GA.
      823 Broad St, Augusta, GA 30901
      View Details
    • Contact for pricing
      2,000,000 SF

      Georgialina Gateway Industrial Park

      Augusta, GA: Build-to-suit industrial space
      1745 Barton Chapel Rd, Augusta, GA 30909
      View Details
    • $5 SF/Yr
      32,741 SF

      Milledgeville Road Industrial Flex Space

      South Augusta Flex Warehouse, 5,040+ SF Available
      2403 Milledgeville Rd, Augusta, GA 30904
      View Details
    • Contact for pricing
      207,868 SF

      Augusta West Plaza: Retail Spaces

      Prime Retail Space, Multiple Units Available
      1323 Augusta Pkwy, Augusta, GA 30909
      View Details
    • Contact for pricing
      45,800 SF

      Goshen Village Retail Center

      Augusta, GA: Prime Retail Space Available
      3722 Mike Padgett Hwy, Augusta, GA 30906
      View Details

    FAQs

    What type of property is this?
    Retail space - Versatile 1,500 SF retail space in downtown Augusta.
    Where is this retail space located?
    The property is located at 311 7Th St Augusta, GA.
    What are key features of this property?
    This property features: - Prime downtown Augusta location; - 1,500 square feet of versatile space; - Full kitchen and bath
    (706) 394-5359
    Request Owner's contact information
    311 7Th St Augusta, GA 30901
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    311 7Th St
    Augusta, GA 30901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    311 7Th St Augusta, GA 30901
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Joe White
    (706) 394-5359
    Learn more
    Google sign-in failed. Please try again or use another login method.