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    Shopping Center with Drive-Through Title is generated by Realmo AI

    2907 Washington Road, Augusta, GA 30909

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    Anchored retail center with multiple access points, including drive-through and select spaces with grease trap and cooler.

    Type:Retail
    Property size:
    148,000 SF
    Price / SF:
    $0.00/SF
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 5 at 2:34 am

    Property Features for 2907 Washington Road

    General Information

    Standard status
    Active
    Size
    148,000 SF
    Property subtype
    Retail

    Properties For Sale

    at 2907 Washington Road Contact us

    We can help!

    Listing Contact
    Charlie Davis
    Charlie Davis

    Listing agent Charlie Davis License #432526

    Listing office Jordan Trotter Commercial Real Estate

    Listing date Jun 3, 2026

    Source Jordantrotter

    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

    HighLights

    • Washington Crossing Shopping Center offers more than 148,000 SF of retail space.
    • Corner of Washington Road and I‑20 with pylon signage.
    • 3 full access points via Washington Road and Center West Parkway.
    • 1 drive‑thru space included.
    • Two spaces include a grease trap and walk‑in cooler.

    Overview

    Washington Crossing Shopping Center is a retail-focused shopping center offering more than 148,000 SF of space. The center features prominent pylon signage and includes multiple available configurations, including one drive-through space plus two spaces that are already set up with a grease trap and walk-in cooler, supporting restaurant-style operations.

    The property provides three full access points via Washington Road and Center West Parkway, including a corner location at Washington Road and I-20. Interstate visibility is supported by I-20 traffic of approximately 35,900 VPD, and the center’s access layout is designed to accommodate straightforward ingress and egress from the adjacent roadway network.

    For tenants and operators, the mix of retail space and restaurant-relevant improvements makes this center practical for concepts needing drive-through service or prepared food infrastructure. The presence of grease trap and walk-in cooler in select spaces can reduce buildout time for qualified uses, while the drive-through unit offers a straightforward path for businesses structured around quick customer turnover. With pylon signage and multiple access points, the center is built to support customer wayfinding and day-to-day traffic flow.
    Location Intelligence

    Current Use by Public Records

    All God's Creatures ... Veterinary Clinic Half-Moon Outfitters (Bike/Boat/Book/etc) Store Washington Crossing - Augusta, ... Shopping Center & Mall DSW Designer Shoe ... Clothing & Fashion Store The Joint Chiropractic Alternative Medicine Practice

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Washington Walk Shopping Center — 2801 Washington Rd, Augusta, GA 30909
    • Washington Crossing - Augusta, GA — 2907 Washington Rd, Augusta, GA 30909
    • Fairway Square Shopping Center — 2825 Washington Rd, Augusta, GA 30909
    • National Plaza — 2816 washington rd, augusta, ga 30909
    • Georgia MV Express Tag Kiosk — 2801 Washington Rd, Augusta, GA 30909

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Columbia
    State
    Georgia
    Longitude
    -82.039532
    Latitude
    33.512953

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    FAQs

    What type of property is this?
    Shopping center - Anchored retail center with multiple access points, including drive-through and select spaces with grease trap and cooler.
    Where is this shopping center located?
    The property is located at 2907 Washington Road Augusta, GA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Washington Crossing Shopping Center offers more than 148,000 SF of retail space.; Corner of Washington Road and I‑20 with pylon signage.; 3 full access points via Washington Road and Center West Parkway.
    (706) 993-0514
    We can help!
    Listing Contact
    Charlie Davis
    Charlie Davis
    Real Estate License ID: 432526
    Learn More
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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.

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