Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3851 Evans To Locks Rd Augusta, GA 30907
    Back to Search
    Property profile & analytics

    3851 Evans To Locks Rd, Augusta, GA 30907

    View on Map
    • Neighborhood centers
    • 2,400 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Walmart Home Services / Social Service Agency
    • Walmart Bakery / Bakery / Specialty Food Shop
    • Walmart Baby & Nursery Services / Social Service Agency / Community Center
    • Walmart House Cleaning Services / Hardware & Home Improvement
    • Walmart Pet Services / Kennel & Boarding Facility

    Property Details for 3851 Evans To Locks Rd

    Year built
    2009
    Property type
    Neighborhood centers
    Property subtype
    Community centers

    Description

    This 2,400 square foot retail center, built in 2009, is situated on a 9.39-acre lot in Martinez, Georgia (30907), at the high-traffic intersection of Evans to Locks Road and Furys Ferry Road. The property boasts a highly visible location with excellent access, featuring four points of ingress and egress. Currently, two spaces are available, ranging from 1,200 to 2,400 square feet, ideal for a variety of uses including office, medical, physical therapy, or restaurant concepts. The center benefits from significant daily traffic counts, with Furys Ferry Road seeing 23,000 vehicles and Evans to Locks Road recording 15,400 vehicles daily. Its strategic location near West Lake Country Club, Stallings Island Middle School, and Lakeside High School ensures a strong customer base. The property is zoned PUD (Planned Unit Development) and its APN is 078 060. Furthermore, ongoing road improvements on Furys Ferry Road, scheduled for completion by December 2025, will further enhance accessibility and visibility. This makes it an exceptional opportunity for a local, boutique tenant seeking high visibility and convenient access to a thriving community. The property is located in Columbia County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Columbia
    State
    Georgia
    Longitude
    -82.0882
    Latitude
    33.5506

    Comparable in this City

    • Value Estimation by Request
      2,100 SF

      630 Crane Crk Dr

      Lifestyle centers
      630 Crane Crk Dr, Augusta, GA 30907
      View Details
    • Value Estimation by Request
      13,500 SF

      287 Settlement Rd

      Neighborhood centers
      287 Settlement Rd, Martinez, GA 30907
      View Details
    • Value Estimation by Request
      7,000 SF

      3556 Riverwatch Pkwy

      Neighborhood centers
      3556 Riverwatch Pkwy, Martinez, GA 30907
      View Details
    • Value Estimation by Request
      84,696 SF

      4115 Columbia Rd

      Neighborhood centers
      4115 Columbia Rd, Martinez, GA 30907
      View Details
    • Value Estimation by Request
      52,100 SF

      365 Belair Rd

      Neighborhood centers
      365 Belair Rd, Augusta, GA 30907
      View Details
    • Value Estimation by Request
      52,043 SF

      4099 Riv Watch Pkwy

      Neighborhood centers
      4099 Riv Watch Pkwy, Martinez, GA 30907
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,736 SF

      Restaurant Building with Drive-Thru

      2,736 SF restaurant building constructed in 2022 with drive-thru.
      3118 Washington Rd, Augusta, GA 30907
      View Details
    • Contact for pricing

      Multi-Level Retail and Office Center

      For-sale multi-level center with two office/retail suites on Furys Ferry Road and prominent pylon signage.
      229 Furys Ferry Rd, Martinez, GA 30907
      View Details
    • Contact for pricing

      Grocery-Anchored Retail Shopping Center

      Food Lion-anchored shopping center with established retail tenants and a Belair Road fronting outparcel opportunity.
      365 South Belair Rd, Augusta, GA 30907
      View Details
    • Contact for pricing

      Shopping Center with Outparcel Opportunity

      Well-trafficked retail center with two combined outparcels and an active mix of neighborhood service tenants.
      502 Furys Ferry Rd, Martinez, GA 30907
      View Details
    • Contact for pricing

      Retail Center with Road Signage

      Available 1,000 SF retail suite in a low-vacancy center with visibility and signage opportunities from major roadways.
      103 Maple Dr, Martinez, GA 30907
      View Details
    • Contact for pricing

      Kroger-Anchored Retail Center

      Multiple retail suites are available in a Kroger-anchored center with established service and restaurant tenants.
      4115 Columbia Rd, Martinez, GA 30907
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      52,100 SF

      Belair Village Shopping Center

      Augusta, GA Retail Space Available
      365 Belair Rd, Augusta, GA 30907
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space Anchored by Publix

      Retail space with high visibility and strong tenant mix.
      403 Furys Ferry Rd, Martinez, GA 30907
      View Details
    • Contact for pricing
      800 SF

      Retail Spaces in Growing Area

      Retail spaces available in a fast-growing Columbia County area.
      1020 W Lake Commons Dr, Martinez, GA 30907
      View Details
    • Contact for pricing

      Retail Outparcel at Signalized Intersection

      Fronting Belair Road, this Food Lion-anchored center outparcel offers strong visibility and convenient access near a signalized intersection.
      365 South Belair Rd, Augusta, GA 30907
      View Details
    • $18 SF/Yr

      Multi-Level Retail/Office Center

      Two available office/retail suites in a multi-level center with strong visibility on a high-traffic corridor.
      229 Furys Ferry Rd, Martinez, GA 30907
      View Details
    • Contact for pricing
      1,333 SF

      Retail Space in Walmart Center

      Endcap retail space with high visibility and foot traffic.
      280 S Belair Rd, Martinez, GA 30907
      View Details
    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.
    3851 Evans To Locks Rd
    Augusta, GA 30907
    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

    Thank You for Inquiry
    3851 Evans To Locks Rd, Augusta, GA, 30907
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!