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    1711 Hicks St Augusta, GA 30904

    Sponsored
    For Sale
    $100,000

    Prime Augusta development land, R-3C zoned.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.52-acre multifamily development site in Augusta, Georgia, presents a unique investment opportunity. Located at 1711 Hicks Street, between 15th Street and Crawford Avenue, this property boasts R-3C zoning, already approved for multifamily construction by Richmond County. The site comprises two parcels (APN: 035-2-391-00-0 & 035-2-414-00-0), separated by a duplex, offering a combined area ideal for a smaller-scale multifamily project. All utilities are readily available. The property's strategic location borders Calhoun Expressway to the north, benefiting from excellent visibility and convenient access. This area has experienced significant redevelopment over the past ten years, indicating a strong potential for continued growth and increased rental demand. The asking price for this ready-to-develop site is $100,000, making it an attractive proposition for investors seeking to capitalize on Augusta's thriving housing market. The existing zoning eliminates lengthy permitting processes, allowing for a streamlined development timeline. This is a rare opportunity to acquire a fully permitted site in a high-demand location. Don't miss this chance to build in a revitalized area with a proven track record of success. The zip code is 30904.

    Property Features for 1711 Hicks St

    General Information

    Property type
    Multifamily properties
    Lot Size
    22,651 SF

    HighLights

    • $100,000 asking price.
    • 0.52‑acre multifamily development site.
    • R‑3C zoning.
    • Located at 1711 Hicks St, Augusta, GA 30904 (APN: 035‑2‑391‑00‑0 & 035‑2‑414‑00‑0).
    • Utilities and zoning in place.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Richmond
    State
    Georgia
    Longitude
    -81.992589
    Latitude
    33.481451

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    FAQs

    What type of property is this?
    Multifamily property - Prime Augusta development land, R-3C zoned.
    Where is this multifamily property located?
    The property is located at 1711 Hicks St Augusta, GA.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: $100,000 asking price.; 0.52-acre multifamily development site.; R-3C zoning.
    (706) 288-1077
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    1711 Hicks St Augusta, GA 30904
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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
    1711 Hicks St Augusta, GA 30904
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