Property summary
This exceptional 0.84-acre commercial land parcel presents a unique investment opportunity in Augusta, Georgia. Located at 1931 Walton Way, zip code 30904, this property boasts 233 feet of frontage on Walton Way, a high-traffic area with a volume of 19,200 vehicles per day. The strategic location sits advantageously between Augusta University's Summerville and Health Sciences campuses, ensuring high visibility and potential for strong customer traffic. The parcel is uniquely configured: half (approximately 0.42 acres) is designated for development, while the remaining half is reserved for parking, complete with an easement to the existing Peanuts Laundry building situated at the rear of the property. This ensures ample parking for any future development. This is one of the last remaining large parcels available on Walton Way, making it a rare and highly desirable opportunity for retail development. Furthermore, this property is situated within a Federal Opportunity Zone, offering potential tax advantages for qualified investors. The asking price for this prime commercial land is $299,000. Don't miss this chance to secure a prominent location in a thriving Augusta neighborhood.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
B-2 (General Business) Zone 22-1 TABLE OF CONTENTS SECTION CHAPTER P A G E INDUSTRIAL DISTRICT CLASSIFICATIONS 23 LI (Light Industry) Zone 23-1 24 HI (Heavy Industry) Zone 24-1 SPECIAL DISTRICT CLASSIFICATIONS 25 HPA (Hi…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Augusta, GAB-2 (General Business) Zone 22-1 TABLE OF CONTENTS SECTION CHAPTER P A G E INDUSTRIAL DISTRICT CLASSIFICATIONS 23 LI (Light Industry) Zone 23-1 24 HI (Heavy Industry) Zone 24-1 SPECIAL DISTRICT CLASSIFICATIONS 25 HPA (Hi…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
B-2 (General Business) Zone 22-1 TABLE OF CONTENTS SECTION CHAPTER P A G E INDUSTRIAL DISTRICT CLASSIFICATIONS 23 LI (Light Industry) Zone 23-1 24 HI (Heavy Industry) Zone 24-1 SPECIAL DISTRICT CLASSIFICATIONS 25 HPA (Hi…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-2 in Augusta, GA.
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