Industrial Property Near Savannah
2522 Reynolds Industrial Rd, Augusta, GA 30907
For Sale
Contact for pricing
Two buildings on 3.13 acres near I-20 and Riverwatch.
Property Size11,000 SF
Lot Size3.13 Acres
Price / SF$113.64
Days on Market2254
Property Features for 2522 Reynolds Industrial Rd
General Information
Standard status
Size
Class
Lot size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Buildings
Stories
Listing Agency:
Sherman & Hemstreet Real Estate Company
Listed By:
Connie Wilson · License #GA
(706) 394-4661
Source:
Crexi
Added: Sep 8, 2020
Changed: Nov 8
Last Checked: Nov 8 at 6:33AM
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 Sherman & Hemstreet Real Estate Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property presents an investment opportunity located off I-20 and Riverwatch Parkway, approximately 1.5 miles from the Savannah River and the South Carolina border. The site encompasses 3.13 acres and includes two buildings. The larger building is currently used as a welding shop. The second, slightly smaller building, is occupied by a compressed air company under a long-term lease agreement with the property owner. The total property size is 11000 square feet.
Key Highlights
- Prime location: Just off I‑20 and Riverwatch Parkway, near the Savannah River and South Carolina line.
- Sizeable acreage: 3.13 acres of land.
- Two existing buildings on the property.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,252
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,385,040
$1.4M
Cap Rate 7%
$989,314
$989.3K
Cap Rate 9%
$769,467
$769.5K
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$108.2K $9.84/SF
− Vacancy
−$9.3K −$0.85/SF
EGI
$98.9K $8.99/SF
− OpEx
−$29.7K −$2.70/SF
NOI
$69.3K $6.30/SF
Area
Augusta, GA
Vacancy
8.60%
Lease Rate
$9.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,385,040
Cap Rate 7%
$989,314
Cap Rate 9%
$769,467
Alternative Uses
Best Use
Industrial
$989.3K
$865.7K – $1.15M
NOI $69,252 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.47M
$3.04M – $4.05M
NOI $243,043 @ 7.0% cap · market cap 19.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
Explore this area
Business Placement
Demographics for 30907, GA
50,964
Population
22,219
Households
2.3
Avg Household Size
39
Median Age
39%
College-Educated
91%
High-School Grad
24.1 sq mi
ZIP Area
2,115
Density / Sq Mi
$83,349
Median Household Income
$45,692
Median Earnings
$1,211
Median Rent
$232,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Industrial properties in Augusta, GA
Properties on Market for Industrial properties in Augusta
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Industrial property - Two buildings on 3.13 acres near I-20 and Riverwatch.
Where is this industrial property located?
The property is located at 2522 Reynolds Industrial Rd Augusta, GA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Prime location: Just off I‑20 and Riverwatch Parkway, near the Savannah River and South Carolina line.; Sizeable acreage: 3.13 acres of land.; Two existing buildings on the property.
