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    Class A Office Tower with Restaurant Title is generated by Realmo AI

    699 Broad Street, Augusta, GA 30901

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    Class A high-rise office tower with built-in dining concepts and ample on-site parking options for tenants and guests.

    Type:Office
    Property size:
    208,000 SF
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 5 at 2:36 am

    Property Features for 699 Broad Street

    General Information

    Standard status
    Active
    Size
    208,000 SF
    Property subtype
    Office

    Properties For Sale

    at 699 Broad Street Contact us

    We can help!

    Listing Contact
    Parker Dye
    Parker Dye

    Listing agent Parker Dye License #357255

    Listing office Jordan Trotter Commercial Real Estate

    Listing date Jun 3, 2026

    Source Jordantrotter

    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

    HighLights

    • Class A high‑rise office tower at 643 Broad: 208,000 SF across 17 floors
    • Edgar’s Above Broad restaurant and The Pinnacle Club private dining club on‑site
    • On‑site parking includes a 250‑space parking deck plus 100 surface spaces behind the tower
    • Parking entrances on 7th Street and 6th Street
    • Security system throughout the building
    • Annex Building offers 10,000 SF, with 2,308 SF to 20,000 SF available Class A space

    Overview

    The property is a Class A high-rise office tower comprising 17 floors and totaling 208,000 SF. The building includes on-site dining and private dining uses, with Edgar’s Above Broad and The Pinnacle Club featured within the tower. The space is described as supporting both indoor and outdoor dining, and it includes a security system throughout the building.

    The listing notes the tower’s address as 699 Broad Street in Downtown Augusta, GA, along with an annex building totaling 10,000 SF. Space availability is described for multiple sizes within Class A office space, including 2,308 SF to 20,000 SF. Parking is a prominent feature, with a parking deck offering 250 spaces and additional surface parking behind the tower with 100 spaces, with entrances identified on 7th Street and 6th Street.

    This building is well suited for office users seeking a vertical workplace in a Class A tower environment with established on-site dining and private dining amenities. For businesses that plan to host clients or staff gatherings, the presence of Edgar’s Above Broad and The Pinnacle Club provides an operationally integrated option. The combination of structured and surface parking, along with building security coverage, supports day-to-day tenant operations and visitor access.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Building Supply Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Columbia
    State
    Georgia
    Longitude
    -81.9464975
    Latitude
    33.4690161

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    FAQs

    What type of property is this?
    Office building - Class A high-rise office tower with built-in dining concepts and ample on-site parking options for tenants and guests.
    Where is this office building located?
    The property is located at 699 Broad Street Augusta, GA.
    What are key features of this property?
    This property features: Class A high‑rise office tower at 643 Broad: 208,000 SF across 17 floors; Edgar’s Above Broad restaurant and The Pinnacle Club private dining club on‑site; On‑site parking includes a 250‑space parking deck plus 100 surface spaces behind the tower
    (706) 736-1031
    We can help!
    Listing Contact
    Parker Dye
    Parker Dye
    Real Estate License ID: 357255
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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