3026A Washington Rd Augusta, GA 30907
This 3,132 square foot vacant retail building, located at 3026A Washington Road in Augusta, Georgia, presents a compelling investment opportunity. The property, situated on a 0.32-acre lot (APN: 012-3-006-00-0), is zoned B-2 and boasts a desirable location with convenient access to Interstate 20 and high traffic volume. Previously used as a restaurant, the building offers significant potential for reuse as a convenience store or other retail establishment. The asking price is $699,000, representing a $223.18 per square foot cost and a 7.50% cap rate. Built in 1974, the single-unit property features a substantial amount of existing restaurant equipment, including a walk-in cooler and freezer, which could be repurposed for a variety of retail uses. A detailed equipment list is available upon request. The property is currently vacant and offered as a NNN lease. This presents a unique chance to acquire a well-positioned retail space in a thriving Augusta location. The building's size and location make it ideal for a variety of retail uses, capitalizing on the high traffic counts and convenient highway access.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.