Modern Office Building with
1330 Augusta West Parkway Augusta, GA 30909
1330 Augusta West Parkway, Augusta, GA, 30909
$2,990,000
For Sale
$2,990,000
Renovated in 2023, the office building offers flexible suite sizes and 137 parking spaces.
Property Size15,000 SF
Lot Size1.66 Acres
Price / SF$199.33
Days on Market28
Property Features for 1330 Augusta West Parkway
General Information
- Standard status
- Active
- Size
- 15,000 SF
- Lot size
- 1.66 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1992
Listing agency
(706) 627-2789
Listed by
Joe Edge, SIOR, CCIM
(706) 627-2789
Source
Shermanandhemstreet
Added: Jun 24 Updated: Jul 20 at 8:35PM Checked: Jul 21 at 6:31AM
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 Joe Edge, SIOR, CCIM
Investment Insights
Based on property information with market context.
A modern office building renovated in 2023, designed with a flexible layout that supports multiple suite options and subdivision into units from approximately 1,284 SF up to 9,051 SF contiguous. The building includes high-quality finishes and one loading dock.
Strayer University occupies approximately 40% of the building. The property has multiple points of ingress and egress and sits on 1.66 acres.
On-site parking totals 137 spaces, supporting both employee and visitor access. The property also includes a billboard that produces additional income.
Strayer University occupies approximately 40% of the building. The property has multiple points of ingress and egress and sits on 1.66 acres.
On-site parking totals 137 spaces, supporting both employee and visitor access. The property also includes a billboard that produces additional income.
Key Highlights
- 15,000 SF modern office building built in 1992
- Renovated in 2023 with high‑quality, contemporary finishes
- Strayer University occupies approximately 40% of the building
Local 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 | $360.0k | $24.00 |
| − Vacancy | −$54.0k | −$3.60 |
| EGI | $306.0k | $20.40 |
| − OpEx | −$76.5k | −$5.10 |
| NOI | $229.5k | $15.30 |
15,000 SF · lease $24.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.28M
$2.87M – $3.83M
NOI $229,500 @ 7.0% cap · market cap 7.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.73M
$4.14M – $5.52M
NOI $331,422 @ 7.0% cap · market cap 11.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Renovated in 2023, the office building offers flexible suite sizes and 137 parking spaces.
Where is this office building located?
The property is located at 1330 Augusta West Parkway Augusta, GA.
What is the asking price?
The asking price for this property is $2,990,000.
What are key features of this property?
This property features: 15,000 SF modern office building built in 1992; Renovated in 2023 with high‑quality, contemporary finishes; Strayer University occupies approximately 40% of the building
