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    909 15Th St Augusta, GA 30901

    For Sale
    $1,500,000

    Prime location, redevelopment potential.

    Property size:
    4,308 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This 4,308 square foot medical office building in Augusta, Georgia, is situated directly across from the VA Hospital, Wellstar Hospital, and Augusta University's Medical Campus. Built in 1965, this single-story building sits on a 0.49-acre lot and features 20 parking spaces. The property is zoned R-1 and offers unparalleled accessibility and visibility within Augusta's thriving medical district. Previously used as an ophthalmologist's office, the building includes three exam rooms, a laser room, a break room, three administrative offices, and a large lobby connected to a sales floor. The building is offered for sale at $1,500,000 ($348.19/sq ft) and is ideal for owner-users seeking redevelopment opportunities or a medical practice seeking a prime location. The property's proximity to major hospitals and the ongoing land acquisition by the Board of Regents for parking and expansion makes it a strategic acquisition for both medical and institutional uses. The 0.49-acre lot includes a 0.27-acre rear parking lot. This NNN lease property presents a unique chance to capitalize on Augusta's growing medical community. The building's layout is well-suited for ophthalmology or similar medical specialties, but its adaptable design allows for various redevelopment possibilities to meet the needs of the expanding medical sector. The property's location within the expanding medical district positions it as a valuable asset for future growth.

    Property Features for 909 15Th St

    General Information

    Property type
    Medical offices
    Square Feet
    4,308 SF
    Lot Size
    21,344 SF

    Building Details

    Year Built
    1965
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 4,308 SF medical office building on a 0.49‑acre lot in Augusta, GA.
    • Prime medical office location across from VA Hospital, Wellstar Hospital, and Augusta University Medical Campus.
    • Redevelopment potential in a thriving medical district.
    • Excellent Augusta, GA location, offering high visibility and accessibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Academy of Cataract and Laser ... Surgical Center Ellenberger Douglas W ... Optometrist Yan Wu, OD Optometrist Howard Bruckner Ophthalmologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Dental Office 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
    -81.9893824
    Latitude
    33.4738919

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    FAQs

    What type of property is this?
    Medical office - Prime location, redevelopment potential.
    Where is this medical office located?
    The property is located at 909 15Th St Augusta, GA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 4,308 SF medical office building on a 0.49-acre lot in Augusta, GA.; Prime medical office location across from VA Hospital, Wellstar Hospital, and Augusta University Medical Campus.; Redevelopment potential in a thriving medical district.
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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
    909 15Th St Augusta, GA 30901
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