Technical
Financial
Distress signals
Property profile

1931 Walton Way Augusta, GA 30904

OFF-MARKET
Commercial land
Property ID
US22-1590832
2,400 SF 1.35 ac lot Built 1949
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1949
Total area 2,400 SF
Lot 1.35 ac (58,806 SF)
Zoning code B-2
APN 035-3-379-00-0
UPID US22-1590832

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Location

1931 Walton Way Augusta, GA 30904-4117
Augusta metro Census 200 AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
$450k
Comparable Approach Comparable
$382k
Blend (final) Blend
$545k

Owner & transaction history

since 2020
Last sale
$555,000
3 recorded transactions
2020
$555,000
2013
Price N/A
2007
Price N/A

Zoning & alternative use

B-2 · Augusta, GA
Zoning description

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…

General category COMMERCIAL
Top alternative use upside
Office building $480,000 +123.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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