Automotive Service
For Sale
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1801 Gordon Highway, Augusta, GA 30904
Automotive facility suited to vehicle sales, mechanical service, or collision repair operations.
Property Size12,742 SF
Price / SF$113.80
Days on Market10
Property Features for 1801 Gordon Highway
General Information
Standard status
Active
Size
12,742 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Additional Details
Road Access
Yes
Building Details
Year Built
1983
Tenancy
Single
Listing Agency:
Sands Investment Group
(706) 203-7879
Listed By:
Andrew Ackerman · License #GA 311619
Source:
Crexi
Added: Aug 6
Changed: Aug 14
Last Checked: Aug 13 at 10:40AM
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 Sands Investment Group
Investment Insights
Based on property information with market context.
This automotive property contains 12,742 square feet and was constructed in 1983. The facility is positioned for vehicle sales, service work, or collision repair, providing a commercial setting tailored to automotive operations.
The property is located at 1801 Gordon Highway in Augusta, Georgia. Its automotive-oriented configuration supports multiple potential operating formats within the vehicle industry.
The property is located at 1801 Gordon Highway in Augusta, Georgia. Its automotive-oriented configuration supports multiple potential operating formats within the vehicle industry.
Key Highlights
- 12,742‑square‑foot automotive facility
- Built in 1983
- Suitable for auto sales, service, or collision repair
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$80,219
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,604,380
$1.6M
Cap Rate 7%
$1,145,986
$1.1M
Cap Rate 9%
$891,322
$891.3K
Market Conditions
NOI Build-Up for 12,742 SF
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.
Gross rent
$125.4K $9.84/SF
− Vacancy
−$10.8K −$0.85/SF
EGI
$114.6K $8.99/SF
− OpEx
−$34.4K −$2.70/SF
NOI
$80.2K $6.30/SF
Area
Augusta, GA
Vacancy
8.60%
Lease Rate
$9.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,604,380
Cap Rate 7%
$1,145,986
Cap Rate 9%
$891,322
Alternative Uses
Best Use
Retail
$2.03M
$1.77M – $2.37M
NOI $141,945 @ 7.0% cap · market cap 9.79%
Second Best
Industrial
$1.15M
$1.00M – $1.34M
NOI $80,219 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$4.02M
$3.52M – $4.69M
NOI $281,532 @ 7.0% cap · market cap 19.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
327
Businesses Nearby
Well-served
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- Wilhelm Mobile Windshield Repair & Replacement LLC — 2917 courtney rd, augusta, ga 30906
- The Garage Diesel Repair — 1628 Gordon Hwy, Augusta, GA 30906
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive facility suited to vehicle sales, mechanical service, or collision repair operations.
Where is this auto shop located?
The property is located at 1801 Gordon Highway Augusta, GA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 12,742‑square‑foot automotive facility; Built in 1983; Suitable for auto sales, service, or collision repair
