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    2140 Lumpkin Rd Augusta, GA 30906

    Sponsored
    For Sale
    $300,000

    3.47 Acres, R3B Zoning, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.47-acre parcel, located at 2140 Lumpkin Rd in Augusta, Georgia (APN 110-1-026-00-0), presents a compelling investment opportunity. Zoned R3B, this property offers versatile development potential for residential, retail, or multi-family projects. Situated in a rapidly expanding area of South Augusta, it enjoys high visibility with approximately 12,000 vehicles passing daily on Lumpkin Road. The property's strategic location provides convenient access to key attractions, including the Augusta Riverwalk, Augusta National Golf Club, and Downtown Augusta. Furthermore, its proximity to Fort Gordon, the largest employer in the Central Savannah River Area (CSRA), less than 5 miles away, enhances its appeal. Priced at $300,000 ($86,455.33 per acre), this land tract also benefits from Opportunity Zone tax credits, offering significant potential for long-term appreciation. The property's size and zoning regulations allow for substantial development, making it an ideal choice for investors seeking a high-growth area with excellent infrastructure and amenities. This is a rare opportunity to acquire a sizable land parcel in a thriving South Augusta location.

    Property Features for 2140 Lumpkin Rd

    General Information

    Property type
    Land
    Lot Size
    151,153 SF

    HighLights

    • 3.47‑acre parcel in Augusta, GA (APN 110‑1‑026‑00‑0) zoned R3B.
    • High visibility with 12,000 VPD on Lumpkin Road.
    • Opportunity Zone tax credits.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Richmond
    State
    Georgia
    Longitude
    -82.02675768686
    Latitude
    33.419330447804

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    FAQs

    What type of property is this?
    Land - 3.47 Acres, R3B Zoning, Prime Location
    Where is this land located?
    The property is located at 2140 Lumpkin Rd Augusta, GA.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: 3.47-acre parcel in Augusta, GA (APN 110-1-026-00-0) zoned R3B.; High visibility with 12,000 VPD on Lumpkin Road.; Opportunity Zone tax credits.
    (706) 736-1031
    Request Owner's contact information
    2140 Lumpkin Rd Augusta, GA 30906
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    Augusta, GA 30906
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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
    2140 Lumpkin Rd Augusta, GA 30906
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