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Standalone Restaurant Building

3765 Wheeler Road, Augusta, GA 30909

For Sale
New
Contact for pricing

A separate building on a gas station property offers a compact footprint for food-service operations.

Property Size2,001 SF
Price / SF$2.00
Days on Market4

Property Features for 3765 Wheeler Road

General Information

Standard status Active
Size 2,001 SF
Property subtype Commercial

Property Condition

Severity Repairs Needed
Evidence requires interior renovation

Site & Location

Neighborhood Belair
Highway Access Yes

Amenities

1.39 acres, Level
Public Sewer
Parcel Number: 0220031060
Listing ID: 10886042, Standard Status: Active, MLS Status: New, On market as of 2026-11-06, 1 day on market
Drive Through, Parking Lot
Built in 2001, Construction Materials: Concrete
County/Parish: Richmond
Resale
Electricity Available, Sewer Available, Water Available, Water Source: Public

Building Details

Building Size 2,001 SF
Year Built 2001
Listing Agency: eXp Realty
Listed By: Mona Dajani · License #409124
Source: Blackstreaminternational
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 2:31PM

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 eXp Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This standalone building contains approximately 900–1,000 square feet and was built in 2001. Interior renovation and tenant-funded build-out are required, allowing the space to be configured for a food-service operation. A drive-through addition may be possible, subject to zoning and required approvals.

The property is situated just off I-20 at Exit 195, on a gas station site. Hospitals, medical offices, clinics, and established businesses are in the surrounding area, with a T-Mobile call center directly across the road.

Key Highlights

  • Approximately 900–1,000 square feet in a separate building on a gas station property
  • Built in 2001
  • Interior renovation and tenant‑funded build‑out required

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,749
Suggested Prices Based on Cap Rates
Cap Rate 5%
$234,980 $235.0K
Cap Rate 7%
$167,843 $167.8K
Cap Rate 9%
$130,544 $130.5K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$16.6K $16.56/SF
− Vacancy
−$894 −$0.89/SF
EGI
$15.7K $15.67/SF
− OpEx
−$3.9K −$3.92/SF
NOI
$11.7K $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 Rate 5%
$234,980
Cap Rate 7%
$167,843
Cap Rate 9%
$130,544

Alternative Uses

Best Use
Specialty Retail
$167.8K
$146.9K – $195.8K (±1% cap)
NOI $11,749 @ 7.0% cap · market cap 587.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$315.6K
$276.2K – $368.3K (±1% cap)
NOI $22,095 @ 7.0% cap · market cap 1,104.75%
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

Conventional restaurants

Suggested Use

Top Pick Restaurant Spa & Massage Center Auto Parts Store Parking Lot & Garage Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

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

968
Businesses Nearby
Balanced
Demand for This Use

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

Properties on Market for Conventional restaurants in Augusta

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A separate building on a gas station property offers a compact footprint for food-service operations.
Where is this conventional restaurant located?
The property is located at 3765 Wheeler Road Augusta, GA.
What are key features of this property?
This property features: Approximately 900–1,000 square feet in a separate building on a gas station property; Built in 2001; Interior renovation and tenant‑funded build‑out required
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Includes: Price & PSF · Cap rate · Location · Zoning

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