Warehouse with Elevated Loading
1853 Martin Luther King Jr Blvd, Augusta, GA 30901
For Sale
$2,200,000
LI-zoned industrial space offers elevated loading docks and room for truck parking, trailers, and outdoor storage.
Property Size39,000 SF
Lot Size2.16 Acres
Price / SF$70.43
Days on Market9
Property Features for 1853 Martin Luther King Jr Blvd
General Information
Standard status
Size
Lot size
Zoning
Site & Location
Neighborhood
Highway Access
Road Access
Outdoor Storage
Additional Details
Warehouse Space
Property Use
Building Details
Year Built
Building Size
Listing Agency:
Realty One Group Visionaries
(706) 945-1267
Listed By:
Stuart Brooks · License GA #360788
(706) 339-5084
Source:
Exprealty
Added: Nov 2
Changed: Nov 10
Last Checked: Nov 10 at 2:15PM
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 Realty One Group Visionaries
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2.16-acre warehouse property at 1853 Martin Luther King Jr Blvd in Augusta includes elevated loading docks and on-site room for truck parking, trailers, and outdoor storage. The building was constructed in 1966, and the parcel is zoned LI (Light Industrial). The site is outside the FEMA flood zone.
The property is across the rail line from an approved mixed-use PUD, with access to downtown, Gordon Hwy, and I-520. The parcel is single-tract. Buyers should verify zoning, permitted uses, and property information.
The property is across the rail line from an approved mixed-use PUD, with access to downtown, Gordon Hwy, and I-520. The parcel is single-tract. Buyers should verify zoning, permitted uses, and property information.
Key Highlights
- 2.16‑acre site zoned LI (Light Industrial)
- Elevated loading docks
- On‑site space for truck parking, trailers, and outdoor storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$196,650
Cap Rate
8.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,933,000
$3.9M
Cap Rate 7%
$2,809,286
$2.8M
Cap Rate 9%
$2,185,000
$2.2M
Market Conditions
NOI Build-Up for 31,236 SF
Gross rent
$307.4K $9.84/SF
− Vacancy
−$26.4K −$0.85/SF
EGI
$280.9K $8.99/SF
− OpEx
−$84.3K −$2.70/SF
NOI
$196.7K $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 Rate 5%
$3,933,000
Cap Rate 7%
$2,809,286
Cap Rate 9%
$2,185,000
Alternative Uses
Best Use
Warehouse
$3.41M
$2.98M – $3.98M
NOI $238,790 @ 7.0% cap · market cap 10.85%
Second Best
Industrial
$2.81M
$2.46M – $3.28M
NOI $196,650 @ 7.0% cap · market cap 8.94%
Theoretical Best
Office A
$9.86M
$8.63M – $11.50M
NOI $690,153 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Under-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
$92,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in Augusta, GA
Properties on Market for Warehouses in Augusta
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Will's All N One Moving — 1500 Wrightsboro Rd Suite 300, Augusta, GA 30904
Frequently Asked Questions
What type of property is this?
Warehouse - LI-zoned industrial space offers elevated loading docks and room for truck parking, trailers, and outdoor storage.
Where is this warehouse located?
The property is located at 1853 Martin Luther King Jr Blvd Augusta, GA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 2.16‑acre site zoned LI (Light Industrial); Elevated loading docks; On‑site space for truck parking, trailers, and outdoor storage
