Vacant C3 Office
For Sale
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1833 Gordon Hwy, Augusta, GA 30904
Vacant office building with C3 zoning and immediate-use availability.
Property Size1,056 SF
Price / SF$355.11
Days on Market206
Property Features for 1833 Gordon Hwy
General Information
Standard status
Active
Size
1,056 SF
Class
B
Property subtype
Office
Zoning
C3
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1999
Buildings
1
Stories
1
Units
1
Listing Agency:
Swartz Co Commercial Real Estate
Listed By:
Ryan Swartzberg · License #GA 367087
(404) 876-4901
Source:
Crexi
Added: Mar 25
Changed: Oct 15
Last Checked: Oct 14 at 8:36PM
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 Swartz Co Commercial Real Estate
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Investment Insights
Based on property information with market context.
This office building was constructed in 1999 and is currently vacant. The property carries C3 zoning and is positioned for immediate use at 1833 Gordon Hwy in Augusta, Georgia.
Key Highlights
- C3 zoning
- Vacant and available for immediate use
- Constructed in 1999
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,157
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,140
$323.1K
Cap Rate 7%
$230,814
$230.8K
Cap Rate 9%
$179,522
$179.5K
Market Conditions
NOI Build-Up for 1,056 SF
Gross rent
$25.3K $24.00/SF
− Vacancy
−$3.8K −$3.60/SF
EGI
$21.5K $20.40/SF
− OpEx
−$5.4K −$5.10/SF
NOI
$16.2K $15.30/SF
Area
Augusta, GA
Vacancy
15.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,140
Cap Rate 7%
$230,814
Cap Rate 9%
$179,522
Alternative Uses
Best Use
Office B
$230.8K
$202.0K – $269.3K
NOI $16,157 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$333.3K
$291.7K – $388.9K
NOI $23,332 @ 7.0% cap · market cap 6.22%
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
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Vacant office building with C3 zoning and immediate-use availability.
Where is this office building located?
The property is located at 1833 Gordon Hwy Augusta, GA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: C3 zoning; Vacant and available for immediate use; Constructed in 1999
