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    1840 Gordon Hwy Augusta, GA 30904

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    For Sale
    $7,700,000

    Well-located industrial warehouse in Augusta, GA, with flexible space.

    Type:Industrial
    Property size:
    176,802 SF
    Added:
    Nov 21, 2025
    Days on Market:
    131
    Last Refresh:
    Mar 29 at 11:55 pm

    Property Features for 1840 Gordon Hwy

    General Information

    Standard status
    Active
    Size
    176,802 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Damien Lanclos, CCIM

    Listing agent Damien Lanclos, CCIM

    Listing office

    Listing date Nov 21, 2025

    Source Svn

    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 Damien Lanclos, CCIM

    Overview

    Augusta Industrial Warehouse Opportunity

    This industrial warehouse is located on Gordon Highway in Augusta, GA, an area known for its strategic positioning for industrial, warehouse, and distribution activities. The location provides convenient access to the Augusta market and is approximately two and a half hours from the Savannah, GA Port. The property sits on a little over seven acres and offers flexibility of use and operations within the space. The front left warehouse features a ceiling height of 16 feet, dropping to 14 feet at the beam and 12 feet 9 inches at the pipes, with column spacing of 37 feet by 43 feet. The front right warehouse has a ceiling height of 12 feet 6 inches, 10 feet 6 inches to the truss, and 9 feet 9 inches to the duct, with column spacing of 27 feet by 42 feet. The back right warehouse offers a ceiling height of 13 feet, 10 feet 5 inches to the beam, and 10 feet to the truss, with single column spacing of 52 feet. The back left warehouse features a ceiling height of 24 feet, 20 feet to the beam and truss, with single column spacing of 70 feet. The property includes three-phase power and wet suppression. The roof was 75% new as of 2022-2023, and the office restrooms were renovated in 2022.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Corporate HQ | America's ... Industrial Manufacturer MICHAEL'S WORK Warehouse & Storage

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Attic Nook Storage — 2208 Highland Ave, Augusta, GA 30904
    • Storage Rentals of America — 1881 Gordon Hwy, Augusta, GA 30904
    • Self-Storage at U-Haul — 1647 Gordon Hwy, Augusta, GA 30906
    • Raber Buildings of Augusta — 1715 Gordon Hwy, Augusta, GA 30904

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Columbia
    State
    Georgia
    Longitude
    -82.0351
    Latitude
    33.4496

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    FAQs

    What type of property is this?
    Warehouse - Well-located industrial warehouse in Augusta, GA, with flexible space.
    Where is this warehouse located?
    The property is located at 1840 Gordon Hwy Augusta, GA.
    What is the asking price?
    The asking price for this property is $7,700,000.
    What are key features of this property?
    This property features: Strategic location in Augusta, GA, ideal for Industrial/Warehouse/Distribution with easy access to the Augusta market and beyond.; Large lot size of over seven acres provides flexibility of use and operations.; Multiple warehouse spaces with varying ceiling heights (up to 24') and column spacing (up to 70') to accommodate diverse needs.
    (706) 945-6652
    We can help!
    Listing Contact
    Damien Lanclos, CCIM
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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