Commercial Land with Existing
New
For Sale
$1,099,000
2925 Peach Orchard Rd, Augusta, GA 30906
Cleared, level commercial site with an existing structure and established business surroundings along Peach Orchard Road.
Property Size3,840 SF
Price / SF$286.20
Days on Market2
Property Features for 2925 Peach Orchard Rd
General Information
Standard status
Active
Size
3,840 SF
Property subtype
Business Opportunity
Building Details
Year Built
1956
Listing Agency:
Douglas Lane Real Estate Group
Listed By:
Jennifer Henderson · License #424746
(706) 830-7440
Source:
Barefootbrokers
Added: Sep 2
Changed: Sep 3
Last Checked: Sep 3 at 2:18AM
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 Douglas Lane Real Estate Group
Investment Insights
Based on property information with market context.
This 1.85-acre commercial parcel at 2925 Peach Orchard Rd includes a cleared, level site and an existing 3,840-square-foot building. The structure was previously operated as a restaurant and nightclub, giving the property an established commercial building component alongside its development land. Built in 1956, the improvement provides a defined foundation for redevelopment or adaptive reuse without limiting the property description to a single prior operation.
The site is positioned along a busy city road in an established commercial setting. Surrounding businesses include fast-food restaurants, other dining establishments, retail stores, automotive businesses, gas stations, and office buildings. The property combines a substantial land area with an existing commercial improvement and direct road access, supporting consideration of the site as a commercial land asset with an existing building.
The site is positioned along a busy city road in an established commercial setting. Surrounding businesses include fast-food restaurants, other dining establishments, retail stores, automotive businesses, gas stations, and office buildings. The property combines a substantial land area with an existing commercial improvement and direct road access, supporting consideration of the site as a commercial land asset with an existing building.
Key Highlights
- 1.85‑acre cleared, level commercial parcel
- Existing 3,840‑square‑foot building
- Building previously operated as a restaurant and nightclub
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,117
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$902,340
$902.3K
Cap Rate 7%
$644,529
$644.5K
Cap Rate 9%
$501,300
$501.3K
Market Conditions
NOI Build-Up for 3,840 SF
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.
Gross rent
$63.6K $16.56/SF
− Vacancy
−$3.4K −$0.89/SF
EGI
$60.2K $15.67/SF
− OpEx
−$15.0K −$3.92/SF
NOI
$45.1K $11.75/SF
Area
Augusta, GA
Vacancy
5.40%
Lease Rate
$16.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$902,340
Cap Rate 7%
$644,529
Cap Rate 9%
$501,300
Alternative Uses
Best Use
Specialty Retail
$644.5K
$564.0K – $752.0K
NOI $45,117 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,844 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
530
Businesses Nearby
Explore this area
Business Placement
Demographics for 30906, GA
58,458
Population
24,663
Households
2.4
Avg Household Size
37
Median Age
12%
College-Educated
85%
High-School Grad
86.7 sq mi
ZIP Area
674
Density / Sq Mi
$46,159
Median Household Income
$29,218
Median Earnings
$1,051
Median Rent
$115,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Cleared, level commercial site with an existing structure and established business surroundings along Peach Orchard Road.
Where is this commercial land located?
The property is located at 2925 Peach Orchard Rd Augusta, GA.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: 1.85‑acre cleared, level commercial parcel; Existing 3,840‑square‑foot building; Building previously operated as a restaurant and nightclub
