Industrial Property Near Savannah
For Sale
Contact for pricing
2522 Reynolds Industrial Rd, Augusta, GA 30907
Two buildings on 3.13 acres near I-20 and Riverwatch.
Property Size11,000 SF
Lot Size3.13 Acres
Price / SF$113.64
Days on Market2176
Property Features for 2522 Reynolds Industrial Rd
General Information
Standard status
Active
Size
11,000 SF
Class
B
Lot size
3.13 Acres
Property subtype
Industrial
Building Details
Year Built
1980
Buildings
2
Stories
1
Listing Agency:
Sherman & Hemstreet Real Estate Company
(706) 650-1446
Listed By:
Connie Wilson · License #GA
Source:
Crexi
Added: Sep 8, 2020
Changed: Aug 22
Last Checked: Aug 22 at 1:44PM
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 Sherman & Hemstreet Real Estate Company
Investment Insights
Based on property information with market context.
This property presents an investment opportunity located off I-20 and Riverwatch Parkway, approximately 1.5 miles from the Savannah River and the South Carolina border. The site encompasses 3.13 acres and includes two buildings. The larger building is currently used as a welding shop. The second, slightly smaller building, is occupied by a compressed air company under a long-term lease agreement with the property owner. The total property size is 11000 square feet.
Key Highlights
- Prime location: Just off I‑20 and Riverwatch Parkway, near the Savannah River and South Carolina line.
- Sizeable acreage: 3.13 acres of land.
- Two existing buildings on the property.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$69,252
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,385,040
$1.4M
Cap Rate 7%
$989,314
$989.3K
Cap Rate 9%
$769,467
$769.5K
Market Conditions
NOI Build-Up for 11,000 SF
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.
Gross rent
$108.2K $9.84/SF
− Vacancy
−$9.3K −$0.85/SF
EGI
$98.9K $8.99/SF
− OpEx
−$29.7K −$2.70/SF
NOI
$69.3K $6.30/SF
Area
Augusta, GA
Vacancy
8.60%
Lease Rate
$9.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,385,040
Cap Rate 7%
$989,314
Cap Rate 9%
$769,467
Alternative Uses
Best Use
Industrial
$989.3K
$865.7K – $1.15M
NOI $69,252 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.47M
$3.04M – $4.05M
NOI $243,043 @ 7.0% cap · market cap 19.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
Explore this area
Business Placement
Demographics for 30907, GA
50,964
Population
22,219
Households
2.3
Avg Household Size
39
Median Age
39%
College-Educated
91%
High-School Grad
24.1 sq mi
ZIP Area
2,115
Density / Sq Mi
$83,349
Median Household Income
$45,692
Median Earnings
$1,211
Median Rent
$232,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Two buildings on 3.13 acres near I-20 and Riverwatch.
Where is this industrial property located?
The property is located at 2522 Reynolds Industrial Rd Augusta, GA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Prime location: Just off I‑20 and Riverwatch Parkway, near the Savannah River and South Carolina line.; Sizeable acreage: 3.13 acres of land.; Two existing buildings on the property.
