Freestanding Flex
For Sale
Contact for pricing
2002 GORDON HWY, Augusta, GA 30909
Freestanding commercial property combining office, retail, and warehouse functionality with B-2 zoning.
Property Size3,000 SF
Lot Size0.34 Acres
Price / SF$91.67
Days on Market51
Property Features for 2002 GORDON HWY
General Information
Standard status
Active
Size
3,000 SF
Lot size
0.34 Acres
Property subtype
Retail, Industrial
Zoning
B-2
Site & Location
Neighborhood
North Leg
Traffic Count
26,500 vehicles/day
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Warehouse Space
1,500 SF
Office Build-Out
1,500 SF
Drive-In Doors
1
Building Details
Buildings
1
Building Size
3,000 SF
Listing Agency:
Meybohm Commercial
Listed By:
Charlie Moye · License #GA/SC
(706) 832-1726
Source:
Crexi
Added: Sep 15
Changed: Nov 3
Last Checked: Nov 3 at 5:57AM
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 Meybohm Commercial
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Investment Insights
Based on property information with market context.
This freestanding flex property contains approximately 3,000 SF, divided between about 1,500 SF of office and retail area and 1,500 SF of warehouse space. A 10' x 10' grade-level door supports warehouse access, while the building’s mixed configuration accommodates both customer-facing and operational functions. The property occupies approximately 0.34 acres and is zoned B-2 by Richmond County, allowing a variety of general business uses.
Located at 2002 Gordon Hwy in Augusta, GA, the building sits at the signalized intersection of Gordon Highway and Sibley Road, with approximately 26,500 VPD. Access to Bobby Jones Expressway (I-520) and Interstate 20 connects the property with surrounding areas throughout the CSRA.
Located at 2002 Gordon Hwy in Augusta, GA, the building sits at the signalized intersection of Gordon Highway and Sibley Road, with approximately 26,500 VPD. Access to Bobby Jones Expressway (I-520) and Interstate 20 connects the property with surrounding areas throughout the CSRA.
Key Highlights
- Approximately 3,000 SF freestanding flex building
- Approximately 1,500 SF of office/retail space and 1,500 SF of warehouse space
- 10' x 10' grade‑level door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,934
Cap Rate
8.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,680
$458.7K
Cap Rate 7%
$327,629
$327.6K
Cap Rate 9%
$254,822
$254.8K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$29.5K $9.84/SF
− Vacancy
−$2.5K −$0.85/SF
EGI
$27.0K $8.99/SF
− OpEx
−$4.0K −$1.35/SF
NOI
$22.9K $7.64/SF
Area
Augusta, GA
Vacancy
8.60%
Lease Rate
$9.84 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,680
Cap Rate 7%
$327,629
Cap Rate 9%
$254,822
Alternative Uses
Best Use
Retail
$477.4K
$417.8K – $557.0K
NOI $33,420 @ 7.0% cap · market cap 12.15%
Second Best
Flex RnD
$365.0K
$319.4K – $425.9K
NOI $25,553 @ 7.0% cap · market cap 9.29%
Theoretical Best
Office A
$946.9K
$828.6K – $1.10M
NOI $66,284 @ 7.0% cap · market cap 24.10%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
1
Drive-in doors
26,500 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
348
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30909, GA
48,181
Population
24,005
Households
2
Avg Household Size
35
Median Age
40%
College-Educated
93%
High-School Grad
25.5 sq mi
ZIP Area
1,889
Density / Sq Mi
$67,710
Median Household Income
$41,812
Median Earnings
$1,196
Median Rent
$237,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Freestanding commercial property combining office, retail, and warehouse functionality with B-2 zoning.
Where is this flex space located?
The property is located at 2002 GORDON HWY Augusta, GA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Approximately 3,000 SF freestanding flex building; Approximately 1,500 SF of office/retail space and 1,500 SF of warehouse space; 10' x 10' grade‑level door
