Office Building with Two
2240 Wheeless Road, Augusta, GA 30904
For Sale
New
$285,000
Commercial Sale, Augusta, GA
Property Size784 SF
Lot Size0.68 Acres
Price / SF$363.52
Days on Market3
Property Features for 2240 Wheeless Road
General Information
Property type
Property subtype
Zoning
Subdivision
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Building Details
Year built
Flooring type
Buildings
Listing Agency:
JT REALTY
(706) 726-3513
Listed By:
Sonya Johnson · License #413951
(803) 634-1294
Added: Nov 5
Last Checked: Nov 7 at 1:06PM
MLS# 100614854
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.
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Investment Insights
Based on property information with market context.
This 784-square-foot office building, completed in 2017, contains two separate offices, two bathrooms, a kitchenette, and a sitting area. Vinyl flooring, electric heat, and central air serve the interior.
The property occupies a 0.68-acre corner lot made up of three lots in Augusta, Georgia. Space for expansion or an addition may be possible, subject to applicable approvals.
The property occupies a 0.68-acre corner lot made up of three lots in Augusta, Georgia. Space for expansion or an addition may be possible, subject to applicable approvals.
Key Highlights
- 784‑square‑foot office building on 0.68 acres
- Two offices and two bathrooms, plus a kitchenette and sitting area
- Built in 2017 with vinyl flooring, electric heat, and central air
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,995
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,900
$239.9K
Cap Rate 7%
$171,357
$171.4K
Cap Rate 9%
$133,278
$133.3K
Market Conditions
NOI Build-Up for 784 SF
Gross rent
$18.8K $24.00/SF
− Vacancy
−$2.8K −$3.60/SF
EGI
$16.0K $20.40/SF
− OpEx
−$4.0K −$5.10/SF
NOI
$12.0K $15.30/SF
Area
Augusta, GA
Vacancy
15.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,900
Cap Rate 7%
$171,357
Cap Rate 9%
$133,278
Alternative Uses
Best Use
Office B
$171.4K
$149.9K – $199.9K
NOI $11,995 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$247.5K
$216.5K – $288.7K
NOI $17,322 @ 7.0% cap · market cap 6.08%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
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Business Placement
Demographics for 30904, GA
24,145
Population
12,558
Households
1.9
Avg Household Size
38
Median Age
31%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
2,195
Density / Sq Mi
$45,636
Median Household Income
$29,101
Median Earnings
$953
Median Rent
$185,400
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Augusta, GA
Properties on Market for Office buildings in Augusta
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A 2017-built workspace includes a kitchenette, sitting area, and two bathrooms.
Where is this office building located?
The property is located at 2240 Wheeless Road Augusta, GA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 784‑square‑foot office building on 0.68 acres; Two offices and two bathrooms, plus a kitchenette and sitting area; Built in 2017 with vinyl flooring, electric heat, and central air
