Spacious Renovated Office
2822 Hillcreek Drive Augusta, GA 30909
SINGLE_FAMILY - Augusta, GA
Type:Office
Property size:
15,483 SFLot size:
1.19 AcresPrice / SF:
$180/SF- Added:
- Jan 7, 2025
- Days on Market:
- 548
- Last Refresh:
- Jul 9 at 8:06 pm
Property Features for 2822 Hillcreek Drive
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Parking Lot
- Standard status
- Active
- Size
- 15,483 SF
- Lot size
- 1.19 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1998
- Roof type
- Composition
Listing agent Jennifer Banks License #351824 (706) 830-4148
Listing office Keller Williams Realty Augusta Partners 3633 Wheeler Road, GA (706) 868-3772
Listing date Jan 7, 2025
MLS# 98227065
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.
Investment Insights
Based on property information with market context.
This commercial office space, located off Wheeler Rd and Augusta West Parkway, offers convenient access to I-20, Bobby Jones Expressway, shopping, dining, and Ft. Eisenhower. The property features over 15,000 square feet of usable space, including 15 individual offices, 8 bathrooms, 2 conference rooms, and several large break areas. There are 80 parking spaces available. The building has been recently renovated with new paint and carpet throughout. A new roof was completed on July 19, 2024. The property includes like-new modern furniture and cubicles, with most conveying with the sale. The lot size is 1.19 acres.
Key Highlights
- Over 15,000 sq ft of usable commercial office space.
- Prime location with easy access to I‑20, Bobby Jones Expressway, shopping, dining, and Ft. Eisenhower.
- 80 parking spaces available.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $371.6k | $24.00 |
| − Vacancy | −$55.7k | −$3.60 |
| EGI | $315.9k | $20.40 |
| − OpEx | −$79.0k | −$5.10 |
| NOI | $236.9k | $15.30 |
15,483 SF · lease $24.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.38M
$2.96M – $3.95M
NOI $236,890 @ 7.0% cap · market cap 8.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.89M
$4.28M – $5.70M
NOI $342,094 @ 7.0% cap · market cap 12.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
University Physicians Central ...
Medical Group
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - 15,000+ sq ft office near Wheeler Rd, Augusta West.
Where is this office building located?
The property is located at 2822 Hillcreek Drive Augusta, GA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Over 15,000 sq ft of usable commercial office space.; Prime location with easy access to I‑20, Bobby Jones Expressway, shopping, dining, and Ft. Eisenhower.; 80 parking spaces available.
