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    111 Sherwood Dr Augusta, GA 30909

    Sponsored
    For Sale
    $500,000

    Prime 0.83-acre commercial lot, ready for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.83-acre commercial land parcel, located at 111 Sherwood Dr, Augusta, GA 30909 (APN: 012-4-027-00-0), presents a unique investment opportunity. Currently utilized as overflow parking for the adjacent Texas Roadhouse restaurant, the site is zoned B-2 and boasts existing infrastructure including detention and parking. While a portion of the parking must remain for future development, a shared arrangement with Texas Roadhouse is possible, mitigating potential parking constraints. The restaurant's 3 PM opening time further minimizes potential conflicts. This "pad-ready" site eliminates significant pre-development hurdles, allowing for immediate construction commencement. Its strategic location in Augusta, Richmond County, Georgia, offers excellent visibility and accessibility. The asking price for this exceptional property is $500,000. This is an ideal opportunity for developers seeking a quick path to project completion and strong return on investment. Don't miss this chance to acquire a prime commercial lot in a thriving Augusta location.

    Property Features for 111 Sherwood Dr

    General Information

    Property type
    Land
    Lot Size
    36,155 SF

    HighLights

    • $500,000 asking price.
    • 0.83‑acre commercial land parcel.
    • B‑2 zoning.
    • Located at 111 Sherwood Dr, Augusta, GA 30909 (APN 012‑4‑027‑00‑0).
    • Pad‑ready site with existing detention and parking; partially shared parking available with adjacent Texas Roadhouse.
    Property Profile Location Intelligence

    Current Use by Public Records

    Westgate Learning Center School

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Richmond
    State
    Georgia
    Longitude
    -82.035907180233
    Latitude
    33.512910674954

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    FAQs

    What type of property is this?
    Land - Prime 0.83-acre commercial lot, ready for development.
    Where is this land located?
    The property is located at 111 Sherwood Dr Augusta, GA.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: $500,000 asking price.; 0.83-acre commercial land parcel.; B-2 zoning.
    (706) 288-1077
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    111 Sherwood Dr Augusta, GA 30909
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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
    111 Sherwood Dr Augusta, GA 30909
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