Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2520 Tobacco Road Hephzibah, GA 30815

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Outparcel near Windsor Place Shopping Center, suitable for retail/dining.

    Type:Land
    Lot size:
    2.62 Acres
    Added:
    Oct 24, 2022
    Days on Market:
    1286
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 2520 Tobacco Road

    General Information

    Standard status
    Active
    Lot size
    2.62 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Liam Welch

    Listing agent Liam Welch License #GA 425517

    Listing office Jordan Trotter Commercial Real Estate

    Listing date Oct 24, 2022

    Source Crexi

    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 Jordan Trotter Commercial Real Estate

    Overview

    Prime Commercial Land Opportunity

    This 2.62-acre land parcel is an outparcel of the Windsor Place Shopping Center, anchored by KJ's, at the corner of Tobacco Road and Windsor Spring Road. Situated in front of the shopping center near the detention pond, the location is near Jiffy Lube, Advanced Auto Parts, Augusta South Family Y, KFC, McDonald's, Pizza Hut, and Dollar General. The property is suitable for casual dining or retail. The 2.62 AC lot consists of two outparcels: a +/- 1.79 AC lot for restaurant use and a +/- 0.83 AC build-to-suit opportunity. Located in a high-traffic area, it is ideal for many businesses. The outparcel acreage can be adjusted to fit the user's needs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Hephzibah
    County
    Richmond
    State
    Georgia
    Longitude
    -82.0758855
    Latitude
    33.3754396

    Nearby Similar for Sale

    • $499,000
      11,000 SF

      Hephzibah Strip Center Investment

      Established strip center with long-term tenants and growth potential.
      2356 Georgia 88, Hephzibah, GA 30815
      View Details
    • $169,000

      Prime Commercial Land Opportunity

      2.54 acre parcel in south Augusta, suitable for development.
      2509 Spirit Creek Road, Hephzibah, GA 30815
      View Details
    • $169,000

      Prime Commercial Land Opportunity

      2.54 acre parcel ideal for commercial development.
      2509 Spirit Creek Road, Hephzibah, GA 30815
      View Details
    • $500,000

      Hephzibah, GA Zoned Land

      Over one acre of B-2 zoned land in Hephzibah.
      3637 Morgan Road, Hephzibah, GA 30815
      View Details
    • $279,223

      Commercial Land in Hephzibah, GA

      Corner lot with commercial zoning and high traffic counts.
      2237 Mcelmurray Road, Hephzibah, GA 30815
      View Details
    • $180,000
      30,492 SF

      Hephzibah Land For Sale

      0.7 acre commercial land available in Hephzibah, Georgia.
      2868 Tobacco Road, Hephzibah, GA 30815
      View Details
    • $395,000

      Secluded 69 Acres Agricultural Land

      69 acres of agricultural land near Augusta, Georgia.
      4253 Bath Edie Road, Hephzibah, GA 30815
      View Details
    • $85,000

      Hephzibah Land for Commercial Use

      4.18 acres in Hephzibah, GA, ideal for commercial development.
      3892 Deans Bridge Road, Hephzibah, GA 30815
      View Details
    • $1,250,000

      Hephzibah Land Near Fort Eisenhower

      13.98 acres near Fort Eisenhower, Augusta, zoned Multi Family.
      3640 Deans Bridge Road, Hephzibah, GA 30815
      View Details
    • $495,000

      Hephzibah Commercial Land Opportunity

      Commercial land in Hephzibah's growing community, ready for development.
      4507 WINDSOR SPRING Road, Hephzibah, GA 30815
      View Details
    • $279,000

      74 Acres in Richmond County

      74+/- acres in Richmond County, 30 minutes from Augusta.
      5277 Farmers Bridge Road, Hephzibah, GA 30815
      View Details
    • $400,000

      Cleared Land Ready For Development

      3.8 acres of cleared land in Hephzibah, Georgia.
      4214 Windsor Spring Road, Hephzibah, GA 30815
      View Details

    FAQs

    What type of property is this?
    Commercial land - Outparcel near Windsor Place Shopping Center, suitable for retail/dining.
    Where is this commercial land located?
    The property is located at 2520 Tobacco Road Hephzibah, GA.
    What are key features of this property?
    This property features: High‑traffic location at the corner of Tobacco Road and Windsor Spring Road.; Outparcel of the Windsor Place Shopping Center, anchored by KJ's.; Suitable for casual dining or retail businesses.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Liam Welch
    Real Estate License ID: GA 425517
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!