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    448 Telfair St Augusta, GA 30901

    For Sale
    $450,000

    Prime Downtown Augusta Location, Net Lease

    Property size:
    3,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This stunning, fully leased, 3,800 square foot executive office building presents a rare investment opportunity in the heart of Augusta, Georgia. Located at 448 Telfair Street, near the intersection of 5th and Telfair, this Class B property boasts a strong 6.42% cap rate and a substantial net operating income (NOI) of $28,883. The building, constructed in 1891, features two stories, each approximately 1,900 square feet. The ground floor offers a welcoming reception area, three private offices, a convenient kitchen, a bathroom, and a storage closet. The upper level provides six additional offices and two bathrooms. This single-tenant, net lease property is currently 100% occupied, offering immediate cash flow and a stable investment. The 0.15-acre lot provides ample space. The asking price is $450,000, translating to $118.42 per square foot. This is an exceptional opportunity to acquire a historically significant, high-performing commercial property in a thriving downtown Augusta location. The property's strong tenancy and central location make it an ideal investment for discerning buyers seeking a stable, income-generating asset.

    Property Features for 448 Telfair St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,800 SF
    Class
    B
    Lot Size
    6,534 SF

    Building Details

    Year Built
    1891
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • Prime downtown location
    • 100% occupancy
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Hawk Firm Personal Injury Attorney Jared T. Williams, ... Criminal Justice Attorney Maguire & Moore-Psychology Services Psychologist Amanda America Dickson ... Historical Landmark

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Richmond
    State
    Georgia
    Longitude
    -81.9598955
    Latitude
    33.4693949

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Downtown Augusta Location, Net Lease
    Where is this office property / space located?
    The property is located at 448 Telfair St Augusta, GA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Prime downtown location; 100% occupancy;
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    448 Telfair St Augusta, GA 30901
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