Medical Office in Downtown
909 15th St Augusta, GA
909 15th St, Augusta, GA, 00000
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For Sale
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4,308 SF medical office building with redevelopment potential.
Property Size4,308 SF
Lot Size0.48 Acres
Price / SF$348.19
Days on Market339
Property Features for 909 15th St
General Information
- Standard status
- Active
- Size
- 4,308 SF
- Lot size
- 0.48 Acres
- Property subtype
- OFFICE
Listing Agency
Meybohm Commercial Properties, LLC
(706) 294-1757
Listed by
Jonathan Aceves, CCIM
Source
Moodyscre
Added: Aug 13, 2025 Checked: Jul 17 at 5:54 am
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 property features a 4,308 square-foot building situated on a 0.49-acre lot. It is currently configured as a medical office with rear parking. The property is located in downtown Augusta, Georgia, and offers potential for redevelopment.
Key Highlights
- Premium location in downtown Augusta, GA.
- 4,308 SF building on a 0.49 ac lot.
- Medical office.
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Academy of Cataract and Laser ...
Medical Clinic
Ellenberger Douglas W ...
Physician
Yan Wu, OD
Physician
Howard Bruckner
Ophthalmologist
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FAQs
What type of property is this?
Medical Office Space - 4,308 SF medical office building with 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: Premium location in downtown Augusta, GA.; 4,308 SF building on a 0.49 ac lot.; Medical office.
