Medical Office Building with
For Sale
Contact for pricing
909 15th St, Augusta, GA 30901
Medical office building on a 0.49-acre lot with rear parking, offering redevelopment potential.
Property Size4,308 SF
Lot Size0.49 Acres
Price / SF$348.19
Days on Market353
Property Features for 909 15th St
General Information
Standard status
Active
Size
4,308 SF
Lot size
0.49 Acres
Property subtype
OFFICE
Additional Details
Business Included
No
Listing Agency:
Meybohm Commercial Properties, LLC
(706) 294-1757
Listed By:
Jonathan Aceves, CCIM · License #366880
Source:
Moodyscre
Added: Aug 13, 2025
Changed: Jul 28
Last Checked: Jul 30 at 8:35AM
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 Meybohm Commercial Properties, LLC
Investment Insights
Based on property information with market context.
This medical office building offers approximately 4,308 square feet of space on a 0.49-acre lot. The property features medical office configuration and includes rear parking, supporting day-to-day patient and staff access.
Located in Downtown Augusta, GA at 909 15th St, the building is positioned for local visibility and access. The offering also notes potential for redevelopment, depending on future plans.
The asset is well-suited for an owner-user seeking medical office space with on-site parking, or for investors evaluating redevelopment opportunities on the existing site.
Located in Downtown Augusta, GA at 909 15th St, the building is positioned for local visibility and access. The offering also notes potential for redevelopment, depending on future plans.
The asset is well-suited for an owner-user seeking medical office space with on-site parking, or for investors evaluating redevelopment opportunities on the existing site.
Key Highlights
- 4,308 SF medical office building on a 0.49‑acre lot
- Rear parking on‑site for patient or visitor access
- Potential for redevelopment
Financial Insights For Office B
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 | $103.4k | $24.00 |
| − Vacancy | −$15.5k | −$3.60 |
| EGI | $87.9k | $20.40 |
| − OpEx | −$22.0k | −$5.10 |
| NOI | $65.9k | $15.30 |
4,308 SF · lease $24.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$941.6K
$823.9K – $1.10M
NOI $65,912 @ 7.0% cap · market cap 4.39%
Second Best
Healthcare Medical
$896.9K
$784.8K – $1.05M
NOI $62,780 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,184 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,618
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30901, GA
15,978
Population
8,848
Households
1.8
Avg Household Size
38
Median Age
13%
College-Educated
76%
High-School Grad
17.6 sq mi
ZIP Area
908
Density / Sq Mi
$23,019
Median Household Income
$24,349
Median Earnings
$805
Median Rent
$92,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office building on a 0.49-acre lot with rear parking, offering redevelopment potential.
Where is this medical office space located?
The property is located at 909 15th St Augusta, GA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 4,308 SF medical office building on a 0.49‑acre lot; Rear parking on‑site for patient or visitor access; Potential for redevelopment
