Hephzibah Commercial Properties
For Sale
$600,000
2242 Hephzibah Mcbean Rd, Hephzibah, GA 30815
Two commercial properties: shopping center and vacant lot in Hephzibah.
Property Size3,200 SF
Lot Size0.68 Acres
Price / SF$187.50
Days on Market578
Property Features for 2242 Hephzibah Mcbean Rd
General Information
Standard status
Active
Size
3,200 SF
Lot size
0.68 Acres
Listing Agency:
Keller Williams Realty Augusta
(706) 868-3772
Listed By:
James Paul · License #328564
(706) 951-7699
Source:
Exprealty
Added: Mar 7, 2025
Changed: Oct 3
Last Checked: Oct 5 at 7:01PM
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 Keller Williams Realty Augusta
Investment Insights
Based on property information with market context.
Two commercial properties are available, situated at the corner of Hephzibah McBean Road and Storey Mill Road, directly across from Hephzibah High. One property features a 3200-square-foot shopping center building suitable for small businesses. The building currently houses a salon and a restaurant, with space planned for a future coffee shop, as well as office spaces and bathrooms. The other property is a highly visible 2.0-acre corner vacant lot. Located in Hephzibah, the surrounding area includes agricultural parcels, residential areas, and commercial properties. Both properties can be purchased together or separately.
Key Highlights
- Highly visible 2.0‑acre corner vacant lot included.
- 3200 SF Shopping Center building with existing tenants.
- Located at the corner of Hephzibah McBean Road and Storey Mill Road across from Hephzibah High.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,734
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,680
$714.7K
Cap Rate 7%
$510,486
$510.5K
Cap Rate 9%
$397,044
$397.0K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$53.1K $16.60/SF
− Vacancy
−$2.1K −$0.65/SF
EGI
$51.0K $15.95/SF
− OpEx
−$15.3K −$4.79/SF
NOI
$35.7K $11.17/SF
Area
Richmond County, GA
Vacancy
3.90%
Lease Rate
$16.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,680
Cap Rate 7%
$510,486
Cap Rate 9%
$397,044
Alternative Uses
Best Use
Retail
$510.5K
$446.7K – $595.6K
NOI $35,734 @ 7.0% cap · market cap 5.96%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$639.2K
$559.3K – $745.8K
NOI $44,747 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30815, GA
40,131
Population
15,741
Households
2.5
Avg Household Size
39
Median Age
21%
College-Educated
89%
High-School Grad
126.6 sq mi
ZIP Area
317
Density / Sq Mi
$65,132
Median Household Income
$34,993
Median Earnings
$1,155
Median Rent
$168,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Two commercial properties: shopping center and vacant lot in Hephzibah.
Where is this shopping center located?
The property is located at 2242 Hephzibah Mcbean Rd Hephzibah, GA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Highly visible 2.0‑acre corner vacant lot included.; 3200 SF Shopping Center building with existing tenants.; Located at the corner of Hephzibah McBean Road and Storey Mill Road across from Hephzibah High.
