Medical Office with Surgical
For Sale
Contact for pricing
1515 Laney Walker Blvd, Augusta, GA 30904
Medical office with surgical and recovery areas, reception, storage, and private parking.
Property Size3,265 SF
Days on Market135
Property Features for 1515 Laney Walker Blvd
General Information
Standard status
Active
Size
3,265 SF
Class
B
Property subtype
Office
Lease Term
NNN
Additional Details
Road Access
Yes
Building Details
Building Size
3,265 SF
Year Built
1973
Year Renovated
1998
Properties For Sale
at 1515 Laney Walker Blvd
1515 Laney Walker Blvd
Size
3,265 SF
Type
Medical
Term
36 - 60 months
Listing Agency:
Jordan Trotter Commercial Real Estate
Listed By:
Robert McCrary · License #GA #434698
(706) 829-0302
Source:
Jordantrotter
Added: Jun 4
Changed: Oct 13
Last Checked: Oct 16 at 7:58AM
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
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Investment Insights
Based on property information with market context.
The medical office includes five exam rooms, a pre-op/post-op recovery area, and a surgical suite, along with multiple restrooms, reception and waiting areas, and several storage rooms. The building was constructed in 1973, expanded with an addition in 1984, and renovated in 1998. A new roof was completed in 2025.
Access is available from Laney Walker Boulevard and Chafee Avenue, with a private parking lot serving the property. The location is in Augusta’s Medical District at 1515 Laney Walker Blvd, Augusta, GA 30904.
Access is available from Laney Walker Boulevard and Chafee Avenue, with a private parking lot serving the property. The location is in Augusta’s Medical District at 1515 Laney Walker Blvd, Augusta, GA 30904.
Key Highlights
- Five individual exam rooms
- Pre‑op/post‑op recovery area and surgical suite
- Reception, waiting area, multiple restrooms, and storage rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,580
Suggested Prices Based on Cap Rates
Cap Rate 5%
$951,600
$951.6K
Cap Rate 7%
$679,714
$679.7K
Cap Rate 9%
$528,667
$528.7K
Market Conditions
NOI Build-Up for 3,265 SF
Gross rent
$86.2K $26.40/SF
− Vacancy
−$6.9K −$2.11/SF
EGI
$79.3K $24.29/SF
− OpEx
−$31.7K −$9.72/SF
NOI
$47.6K $14.57/SF
Area
Augusta, GA
Vacancy
8.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$951,600
Cap Rate 7%
$679,714
Cap Rate 9%
$528,667
Alternative Uses
Best Use
Office B
$713.6K
$624.4K – $832.6K
NOI $49,955 @ 7.0% cap · market cap 333,033.33%
Second Best
Healthcare Medical
$679.7K
$594.8K – $793.0K
NOI $47,580 @ 7.0% cap · market cap 317,200.00%
Theoretical Best
Office A
$1.03M
$901.7K – $1.20M
NOI $72,139 @ 7.0% cap · market cap 480,926.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,478
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30904, GA
24,145
Population
12,558
Households
1.9
Avg Household Size
38
Median Age
31%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
2,195
Density / Sq Mi
$45,636
Median Household Income
$29,101
Median Earnings
$953
Median Rent
$185,400
Median Home Value
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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?
Medical Office Space - Medical office with surgical and recovery areas, reception, storage, and private parking.
Where is this medical office space located?
The property is located at 1515 Laney Walker Blvd Augusta, GA.
What are key features of this property?
This property features: Five individual exam rooms; Pre‑op/post‑op recovery area and surgical suite; Reception, waiting area, multiple restrooms, and storage rooms
