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Five-Space Office Building
New
For Sale
$699,000

4919 Augusta Road, Garden City, GA 31408

Commercial Sale, Garden City, GA

Property Size3,630 SF
Lot Size0.35 Acres
Price / SF$192.56
Days on Market3

Property Features for 4919 Augusta Road

General Information

Property type Commercial Sale
Property subtype Office
Zoning C2
Bathrooms 5
Half bathrooms 5
Rooms Bathroom 4, Bathroom 2, Bathroom 1, Bathroom 5, Bathroom 3
Appliances Electric Water Heater
Directions Hwy 21 to Garden City (Augusta Rd)
Standard status Active
APN 6001302007
Size 3,630 SF
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 1 SUB. OF LOT 11 SECTION D. HAPPY DISCOVERY
Tax Annual Amount 2566
Legal Description LOT 1 SUB. OF LOT 11 SECTION D. HAPPY DISCOVERY

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1973
Floors in Building 1
Flooring type Tile, Carpet
Building materials Brick
Listing Agency: Next Move Real Estate LLC
Listed By: Carmen H. Cribbs · License #142967
Added: Oct 13 Changed: Oct 15 Last Checked: Oct 15 at 9:06PM
MLS# SA366521

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 3,630-square-foot brick office building contains five separate office spaces. The property was built in 1973 and has received fresh interior and exterior paint. Established tenants have occupied the spaces for multiple years, and parking is available on site.

The 0.35-acre property is zoned C2 and has public water and sewer service.

Key Highlights

  • Five separate office spaces with established tenants in place for multiple years
  • 3,630 square feet on a 0.35‑acre lot
  • Brick construction; built in 1973

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$50,467
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,009,340 $1.0M
Cap Rate 7%
$720,957 $721.0K
Cap Rate 9%
$560,744 $560.7K
Market Conditions
NOI Build-Up for 3,630 SF
Gross rent
$80.6K $22.20/SF
− Vacancy
−$13.3K −$3.66/SF
EGI
$67.3K $18.54/SF
− OpEx
−$16.8K −$4.63/SF
NOI
$50.5K $13.90/SF
Area
Chatham County, GA
Vacancy
16.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,009,340
Cap Rate 7%
$720,957
Cap Rate 9%
$560,744

Alternative Uses

Best Use
Office B
$721.0K
$630.8K – $841.1K (±1% cap)
NOI $50,467 @ 7.0% cap · market cap 7.22%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.39M
$2.97M – $3.96M (±1% cap)
NOI $237,473 @ 7.0% cap · market cap 33.97%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Bakery (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

5
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

277
Businesses Nearby

Demographics for 31408, GA

11,790
Population
4,529
Households
2.6
Avg Household Size
36
Median Age
13%
College-Educated
82%
High-School Grad
21.1 sq mi
ZIP Area
559
Density / Sq Mi
$40,109
Median Household Income
$30,667
Median Earnings
$1,080
Median Rent
$160,600
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 - C2-zoned property has established tenants and on-site parking.
Where is this office building located?
The property is located at 4919 Augusta Road Garden City, GA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Five separate office spaces with established tenants in place for multiple years; 3,630 square feet on a 0.35‑acre lot; Brick construction; built in 1973
More about this property
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