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Property profile

0 Rezoned Townhome Development Augusta, GA 30909

OFF-MARKET
Land
35.57 ac lot
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Property summary

AI-generated overview

This exceptional 35.57-acre site in Augusta, Georgia, presents a remarkable opportunity for immediate development. Fully rezoned by Richmond County, Augusta, this property is approved for up to 240 townhome units. All necessary approvals are in place, and utilities are readily available, allowing for swift permitting and construction commencement. Strategically located with frontage on Gordon Highway and N Leg Rd, the site boasts an attractive community design incorporating ample green space, offering flexibility for potential conversion to single-family residential development. Its convenient location provides quick access to Interstate 520, Augusta Technical College, and Fort Eisenhower, the region's largest employer. The property is situated approximately 0.5 miles from I-520 and 1.5 miles from the Augusta Mall, enhancing its appeal and accessibility. The asking price for this development-ready land is $2,160,000. This prime location and the existing approvals make this a truly exceptional investment opportunity in the thriving Augusta market. The property's zip code is 30909.

Property profile

Verified
Property type Land
Lot 35.57 ac (1,549,429 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Rezoned Townhome Development Augusta, GA 30909
Augusta metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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