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Standalone Office Building with Parking
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3515 Wheeler Rd, Augusta, GA 30909

Standalone West Augusta office with open work areas, private offices, conference rooms, ADA restrooms, and 37 parking spaces.

Property Size6,018 SF
Price / SF$0.00
Days on Market144

Property Features for 3515 Wheeler Rd

General Information

Standard status Active
Size 6,018 SF
Class B
Total Parking Spaces 37
Property subtype Office
Lease Term MG

Site & Location

Neighborhood Lake Aumond
Highway Access Yes

Building Details

Building Size 6,018 SF
Year Built 1984

Properties For Sale

at 3515 Wheeler Rd
3515 Wheeler Road
Size 6,018 SF
Term Negotiable
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Listing Agency: Jordan Trotter Commercial Real Estate
Listed By: Parker Dye · License #357255
Source: Jordantrotter
Added: Jun 4 Changed: Oct 8 Last Checked: Oct 24 at 1:59PM

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

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Investment Insights

Based on property information with market context.

This offering is a standalone office building (Building D) totaling more than 6,000 square feet. The interior is laid out for office use and includes open work areas, private offices, conference rooms, ADA-compliant restrooms, and storage. The space is described as move-in ready and is partially furnished, with current FF&E that can remain.

The property is positioned in a West Augusta office park setting and provides access to I-520, I-20, Walton Way, and Wheeler Road. It is noted as being close to Augusta Exchange and West Town Shopping Center, with the surrounding area described as both residential and commercial.

For tenants or owner-users seeking an office environment with a mix of collaborative and private space, the existing configuration supports a range of professional functions. The modified gross lease structure places utilities responsibility with the tenant, and buildout options are described as negotiable, with allowance potential. With on-site parking for 37 vehicles per building and ready-to-occupy space, the property is well suited for an office team looking to transition without extensive immediate work, while keeping flexibility around any future improvements.

Key Highlights

  • Standalone West Augusta office building (Building D) with more than 6,000 SF, available space of 6,018 SF
  • 1984‑built office layout includes open work areas, private offices, conference rooms, storage, and ADA‑compliant restrooms
  • Modified gross lease: tenant responsible for utilities, with buildout options negotiable and move‑in ready condition

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$92,075
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,841,500 $1.8M
Cap Rate 7%
$1,315,357 $1.3M
Cap Rate 9%
$1,023,056 $1.0M
Market Conditions
NOI Build-Up for 6,018 SF
Gross rent
$144.4K $24.00/SF
− Vacancy
−$21.7K −$3.60/SF
EGI
$122.8K $20.40/SF
− OpEx
−$30.7K −$5.10/SF
NOI
$92.1K $15.30/SF
Area
Augusta, GA
Vacancy
15.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,841,500
Cap Rate 7%
$1,315,357
Cap Rate 9%
$1,023,056

Alternative Uses

Best Use
Office B
$1.32M
$1.15M – $1.53M (±1% cap)
NOI $92,075 @ 7.0% cap · market cap 460,375.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.90M
$1.66M – $2.22M (±1% cap)
NOI $132,966 @ 7.0% cap · market cap 664,830.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Group & Benefits Consultants Insurance Agency Daniel Office Insurance Agency SouthState Bank - Mortgage ... Loan Service Dre Beasley | SouthState ... Loan Service Brad Deal | SouthState ... Loan Service

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store HVAC Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

813
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Standalone West Augusta office with open work areas, private offices, conference rooms, ADA restrooms, and 37 parking spaces.
Where is this office building located?
The property is located at 3515 Wheeler Rd Augusta, GA.
What are key features of this property?
This property features: Standalone West Augusta office building (Building D) with more than 6,000 SF, available space of 6,018 SF; 1984‑built office layout includes open work areas, private offices, conference rooms, storage, and ADA‑compliant restrooms; Modified gross lease: tenant responsible for utilities, with buildout options negotiable and move‑in ready condition
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