1939 Walton Way Augusta, GA 30904
1939 Walton Way, Augusta, GA, 30904
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For Sale
Contact for pricing
Mixed-use properties
Property Size11,173 SF
Lot Size1.00 Acre
Price / SF$76.08
Days on Market992
Property Features for 1939 Walton Way
General Information
- Standard status
- Active
- Size
- 11,173 SF
- Lot size
- 1.00 Acre
- Property subtype
- Retail
Building Details
- Year Built
- 1968
Listing Agency
Beman Group RE
(706) 823-6740
Listed by
Davis Beman · License #GA
Source
Crexi
Added: Nov 3, 2023 Updated: Jul 6 at 8:19 am Checked: Jul 20 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 Beman Group RE
Investment Insights
Based on property information with market context.
Key Highlights
- Prime central location in Augusta, GA, directly across from the Academy of Richmond County.
- Versatile property with approximately 5,500 sq ft of office/retail/showroom space and 5,600 sq ft of warehouse potential.
- Opportunity to develop a sprawling 1‑acre corner site by combining with the adjoining vacant lot.
Local Financial Insights For Industrial
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 | $109.9k | $9.84 |
| − Vacancy | −$9.5k | −$0.85 |
| EGI | $100.5k | $8.99 |
| − OpEx | −$30.1k | −$2.70 |
| NOI | $70.3k | $6.30 |
11,173 SF · lease $9.84/SF/yr · vacancy 8.60% · expense 30.00%
Alternative Uses
Best Use
Office B
$2.44M
$2.14M – $2.85M
NOI $170,947 @ 7.0% cap · market cap 20.11%
Second Best
Mixed Use
$1.94M
$1.70M – $2.26M
NOI $135,752 @ 7.0% cap · market cap 15.97%
Theoretical Best
Office A
$3.53M
$3.09M – $4.11M
NOI $246,865 @ 7.0% cap · market cap 29.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Presstech Digital
Printing Service
Record Nations
Storage Facility
Cheap Palm
Numerologist
Presstech Digital Production
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
Where is this mixed-use property located?
The property is located at 1939 Walton Way Augusta, GA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Prime central location in Augusta, GA, directly across from the Academy of Richmond County.; Versatile property with approximately 5,500 sq ft of office/retail/showroom space and 5,600 sq ft of warehouse potential.; Opportunity to develop a sprawling 1‑acre corner site by combining with the adjoining vacant lot.
