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Warehouse with Elevated Loading Docks

1853 Martin Luther King Junior Boulevard, Augusta, GA 30901

For Sale
$2,200,000

Commercial Sale, Augusta, GA

Property Size39,000 SF
Lot Size2.16 Acres
Price / SF$70.43
Days on Market8

Property Features for 1853 Martin Luther King Junior Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning LI
Subdivision Turpin Hill
Directions From Wrightsboro Road, travel east toward downtown Augusta. Turn right onto Lee Beard Way, then right onto Suwanee Quintet Boulevard. Turn left onto 15th Street, then right onto Martin Luther King Jr. Boulevard. Continue to 1853 Martin Luther King Jr. Boulevard.
Standard status Active
APN 059-3-034-00-0
Size 31,236 SF
Lot size 2.16 Acres

Additional Details

Property Use Warehouse

Taxes and HOA fees

Tax Year 2025
Tax Description 503 306
Legal Description 503 306

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Water source Public

Building Details

Year built 1966
Buildings 1
Listing Agency: Realty One Group Visionaries
Listed By: Stuart Brooks · License #360788
Added: Nov 2 Last Checked: Nov 9 at 6:06AM
MLS# 100613901

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

The single-parcel warehouse property occupies 2.16 acres and includes elevated loading docks. The LI-zoned site has room for truck parking, trailers, and outdoor storage. The building dates to 1966 and is outside the FEMA flood zone.

At 1853 Martin Luther King Junior Boulevard in Augusta, the property is across the rail line from an approved mixed-use PUD. Access to downtown Augusta, Gordon Highway, and I-520 is noted.

Key Highlights

  • 2.16‑acre single‑parcel industrial property
  • Elevated loading docks
  • On‑site room for trucks, 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 (±1% cap)
NOI $238,790 @ 7.0% cap · market cap 10.85%
Second Best
Industrial
$2.81M
$2.46M – $3.28M (±1% cap)
NOI $196,650 @ 7.0% cap · market cap 8.94%
Theoretical Best
Office A
$9.86M
$8.63M – $11.50M (±1% cap)
NOI $690,153 @ 7.0% cap · market cap 31.37%
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

Distribution centers

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

249
Businesses Nearby
Under-served
Demand for This Use

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

$71.86 Jul
$104 Aug
$104 Sep
$117 Oct

Properties on Market for Warehouses in Augusta

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

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 site provides room for truck parking, trailers, and outdoor storage.
Where is this warehouse located?
The property is located at 1853 Martin Luther King Junior Boulevard 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 single‑parcel industrial property; Elevated loading docks; On‑site room for trucks, trailers, and outdoor storage
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