Freestanding Flex Building with
New
For Sale
$1,175,000
3358 Wrightsboro Rd, Augusta, GA 30909
Conditioned showroom, rear work area, office, storage, and grade-level access support varied commercial operations.
Property Size6,582 SF
Lot Size0.58 Acres
Price / SF$178.52
Days on Market2
Property Features for 3358 Wrightsboro Rd
General Information
Standard status
Active
Size
6,582 SF
Total Parking Spaces
30
Lot size
0.58 Acres
Property subtype
Retail
Zoning
B-2
Site & Location
Corner Location
Yes
Traffic Count
27,800 vehicles/day
Road Access
Yes
Utilities to Site
Yes
Warehouse & Industrial
Warehouse Space
577 SF
Office Build-Out
255 SF
Drive-In Doors
1
Amenities
Monument signage
LED lighting
Monitored alarm and video camera system
Remotely controlled HVAC and remote-operated door locks
Roll-up security shutters
Building Details
Building Size
6,582 SF
Year Built
1979
Year Renovated
2019
Buildings
1
Stories
2
Parking Ratio
4.56 per 1,000 SF
Listing Agency:
Jordan Trotter Commercial Real Estate
Listed By:
Ryan Martin · License #359783
(706) 490-0409
Source:
Jordantrotter
Added: Sep 4
Last Checked: Sep 4 at 2:40PM
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 Jordan Trotter Commercial Real Estate
Investment Insights
Based on property information with market context.
This freestanding flex property combines a 6,582-square-foot retail showroom and work-oriented building on 0.579 acres. The finished, conditioned first floor contains 5,750 square feet with an open showroom and two sales counters, while the rear work area includes an 8-foot grade-level drive-in door. A 255-square-foot second-floor office and 577 square feet of dry storage add functional support space. The building also features glass storefront entry doors, LED lighting, monitored security systems, roll-up shutters, and remotely controlled HVAC and door locks. The roof and HVAC were replaced in 2019, and the exterior was repainted in 2021.
Located at the corner of Wrightsboro Road and C & S Drive, the property has frontage on both roads, a monument sign, and 30 marked parking spaces. Wrightsboro Road carries approximately 27,800 vehicles per day at the site, and Augusta Mall is approximately one-half mile away. The property is zoned B-2, has all public utilities available, and is outside the 100-year floodplain.
Located at the corner of Wrightsboro Road and C & S Drive, the property has frontage on both roads, a monument sign, and 30 marked parking spaces. Wrightsboro Road carries approximately 27,800 vehicles per day at the site, and Augusta Mall is approximately one-half mile away. The property is zoned B-2, has all public utilities available, and is outside the 100-year floodplain.
Key Highlights
- 6,582 SF freestanding flex building on 0.579 acres
- 5,750 SF finished, conditioned first floor with open showroom and two sales counters
- 8‑foot grade‑level drive‑in door serving the rear work area
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
$73,323
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
6.24%
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%
$1,466,460
$1.5M
Cap Rate 7%
$1,047,471
$1.0M
Cap Rate 9%
$814,700
$814.7K
Market Conditions
NOI Build-Up for 6,582 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
$109.0K $16.56/SF
− Vacancy
−$4.3K −$0.65/SF
EGI
$104.7K $15.91/SF
− OpEx
−$31.4K −$4.77/SF
NOI
$73.3K $11.14/SF
Area
Augusta, GA
Vacancy
3.90%
Lease Rate
$16.56 /SF/Yr
Expense Ratio
30.00%
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%
$1,466,460
Cap Rate 7%
$1,047,471
Cap Rate 9%
$814,700
Alternative Uses
Best Use
Retail
$1.05M
$916.5K – $1.22M
NOI $73,323 @ 7.0% cap · market cap 6.24%
Second Best
Flex RnD
$800.9K
$700.8K – $934.4K
NOI $56,063 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$2.08M
$1.82M – $2.42M
NOI $145,428 @ 7.0% cap · market cap 12.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
27,800 VPD
Traffic count
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
916
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30909, GA
48,181
Population
24,005
Households
2
Avg Household Size
35
Median Age
40%
College-Educated
93%
High-School Grad
25.5 sq mi
ZIP Area
1,889
Density / Sq Mi
$67,710
Median Household Income
$41,812
Median Earnings
$1,196
Median Rent
$237,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Conditioned showroom, rear work area, office, storage, and grade-level access support varied commercial operations.
Where is this flex space located?
The property is located at 3358 Wrightsboro Rd Augusta, GA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: 6,582 SF freestanding flex building on 0.579 acres; 5,750 SF finished, conditioned first floor with open showroom and two sales counters; 8‑foot grade‑level drive‑in door serving the rear work area
