Renovated Flex Space with
For Sale
$350,000
1227 Gordon Park Rd, Augusta, GA 30901
Two-building property combines separate office space with a renovated, air-conditioned shop and fenced-site functionality.
Property Size3,060 SF
Days on Market105
Property Features for 1227 Gordon Park Rd
General Information
Standard status
Active
Size
3,060 SF
Class
B
Property subtype
Office
Additional Details
Fenced Yard
Yes
Office Units
2
Building Details
Building Size
3,060 SF
Year Built
1966
Buildings
2
Listed By:
Matt Aitken · License #GA 360101
(706) 267-0107
Source:
Shermanandhemstreet
Added: Jun 25
Changed: Oct 2
Last Checked: Oct 5 at 4:24PM
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 Matt Aitken
Investment Insights
Based on property information with market context.
This flex property includes two separate buildings with complementary configurations. One structure provides office space, while the second is a renovated, air-conditioned shop arranged with several work areas. The property also includes a fenced lot and parking at the front of the site.
Constructed in 1966, the property is located at 1227 Gordon Park Rd in Augusta, Georgia. The existing combination of office areas and shop improvements supports a range of commercial operations requiring both administrative space and work areas.
Constructed in 1966, the property is located at 1227 Gordon Park Rd in Augusta, Georgia. The existing combination of office areas and shop improvements supports a range of commercial operations requiring both administrative space and work areas.
Key Highlights
- Two‑building flex property with office and shop components
- Renovated air‑conditioned shop with several work areas
- Two separate offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,064
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,280
$521.3K
Cap Rate 7%
$372,343
$372.3K
Cap Rate 9%
$289,600
$289.6K
Market Conditions
NOI Build-Up for 3,060 SF
Gross rent
$44.1K $14.40/SF
− Vacancy
−$4.0K −$1.30/SF
EGI
$40.1K $13.10/SF
− OpEx
−$14.0K −$4.59/SF
NOI
$26.1K $8.52/SF
Area
Augusta, GA
Vacancy
9.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,280
Cap Rate 7%
$372,343
Cap Rate 9%
$289,600
Alternative Uses
Best Use
Office B
$668.8K
$585.2K – $780.3K
NOI $46,818 @ 7.0% cap · market cap 13.38%
Second Best
Flex RnD
$372.3K
$325.8K – $434.4K
NOI $26,064 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$965.9K
$845.1K – $1.13M
NOI $67,610 @ 7.0% cap · market cap 19.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Office units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
303
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Two-building property combines separate office space with a renovated, air-conditioned shop and fenced-site functionality.
Where is this flex space located?
The property is located at 1227 Gordon Park Rd Augusta, GA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two‑building flex property with office and shop components; Renovated air‑conditioned shop with several work areas; Two separate offices
