Shell Warehouse with Heavy Industrial
4166 Mike Padgett Highway Augusta, GA 30906
4166 Mike Padgett Highway, Augusta, GA, 30906
$695,000
For Sale
$695,000
Heavy Industrial-zoned 4.54-acre site with a 2021-built 4,800 SF warehouse in shell condition and stub-outs for future buildout.
Property Size4,800 SF
Lot Size4.54 Acres
Price / SF$144.79
Days on Market51
Property Features for 4166 Mike Padgett Highway
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Lot size
- 4.54 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2021
Listing agency
Jordan Trotter Commercial Real Estate
(706) 399-9303
Listed by
Parker Dye · License ##434698
Source
Jordantrotter
Added: Jun 2 Updated: Jul 21 at 3:42AM Checked: Jul 22 at 5:21AM
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 4.54-acre property is zoned Heavy Industrial (HI) and includes a ±4,800-square-foot warehouse constructed in 2021. The building measures approximately 60 feet in width by 80 feet in depth and is currently offered in shell condition. Plumbing and electrical stub-outs are in place to support a future office and restroom buildout.
The property is listed for sale and is suited to industrial users looking for a warehouse shell with utilities already stubbed for interior improvements.
The property is listed for sale and is suited to industrial users looking for a warehouse shell with utilities already stubbed for interior improvements.
Key Highlights
- 4.54‑acre property zoned Heavy Industrial (HI)
- 4,800 SF warehouse constructed in 2021 with shell condition interior
- Warehouse size approx. 60' wide by 80' deep
Local Financial Insights For Warehouse
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 | $47.2k | $9.84 |
| − Vacancy | −$4.1k | −$0.85 |
| EGI | $43.2k | $8.99 |
| − OpEx | −$6.5k | −$1.35 |
| NOI | $36.7k | $7.64 |
4,800 SF · lease $9.84/SF/yr · vacancy 8.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$524.2K
$458.7K – $611.6K
NOI $36,695 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,055 @ 7.0% cap · market cap 15.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
FAQs
What type of property is this?
Warehouse - Heavy Industrial-zoned 4.54-acre site with a 2021-built 4,800 SF warehouse in shell condition and stub-outs for future buildout.
Where is this warehouse located?
The property is located at 4166 Mike Padgett Highway Augusta, GA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 4.54‑acre property zoned Heavy Industrial (HI); 4,800 SF warehouse constructed in 2021 with shell condition interior; Warehouse size approx. 60' wide by 80' deep
