4355 Columbia Rd, Martinez, GA 30907
This exceptional 16.38-acre parcel presents a remarkable opportunity for residential development in the heart of Martinez, Georgia. Zoned R2 Residential, this property is ideally suited for a variety of projects, including senior housing or high-density residential construction. Conveniently located on Columbia Road, the site boasts established access points, including a curb cut on Columbia Road and an existing access street from the Ashton Woods Subdivision on Evergreen Drive. Utilities are readily available, with sewer lines running through the property and water access both surrounding it and via Evergreen Drive. A small pond in the southwestern corner offers potential for development into a retention pond, and while a small branch of Reed Creek traverses the land, it does not significantly impede development. The property's strategic location benefits from high traffic counts, with 18,300 vehicles passing by in 2019 according to GDOT data. This prime location in a thriving suburban area of Augusta offers exceptional potential for a successful residential development. The APN is 073 092. The asking price is $4,190,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.