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Property profile & analytics
FOR LEASE
Commercial land
1051 Broad St Augusta, GA 30901
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-0133151
For Lease
1 / 33
$500,000
1051 Broad St, Augusta, GA 30901
View Listing →
Property summary
AI-generated overview
This exceptional 29,880-square-foot retail and office building is located at 1051 Broad Street in the heart of historic downtown Augusta, Georgia. Situated on a prominent corner lot (0.22 acres) at the intersection of Eleventh and Broad Streets, this three-story building enjoys high visibility and traffic counts. The property's Commercial zoning allows for a variety of uses. Currently vacant, the entire 29,880 square feet is available for a single tenant. Its previous use as a furniture store suggests adaptable interior space. The building's prime location offers easy access to numerous amenities, including several downtown hotels, the Augusta Convention Center, and the Georgia Cyber Center, all within walking distance. This free-standing building presents a unique opportunity for businesses seeking a high-profile presence in Augusta's vibrant downtown district. The property's parcel number is 036-4-162-00-0. This is a single-tenant building in a bustling area, perfect for retail or office use.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1957
Total area
28,019 SF
Lot
0.22 ac (9,583 SF)
Zoning code
B-2
APN
036-4-162-00-0
UPID
US22-0133151
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Henry Brothers Auctions & Estates Sales Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$500k
Owner & transaction history
Rb Capital Investments LLC · 5 yrs held
Rb Capital Investments LLC
since 2020
Last sale
$465,000
5 recorded transactions
Zoning & alternative use
B-2 · Augusta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Augusta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Augusta submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$465,000
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$500k
Range $450k – $550k · ±10% · vs last sale $465k (Nov 9 2020)
Last sale anchor
$465k
Nov 9 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$18 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$8,602
Tax year 2024
Assessed value
$407,779
Assessed 2024
Previous assessed
$299,067
+36.4% YoY
Effective rate
2.11%
On assessed value
Assessed land
$21,083
Assessed improvement
$386,696
Land market value
$52,707
Improvement market value
$966,740
Total market value
$1,019,447
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Lease
Year built
1957
Heating
FORCED AIR
Cooling
WINDOW A/C
Stories
2
Total area
28,019 SF
Lot
0.22 ac (9,583 SF)
Zoning code
B-2
APN
036-4-162-00-0
UPID
US22-0133151
Jurisdiction
RICHMOND
Zoning & alternative use
B-2 · Augusta, GA
Zoning B-2 · permitted uses
B-2 · Augusta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Augusta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1957
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
Rb Capital Investments LLC
Entity
Mailing address
PO BOX 204035, AUGUSTA, GA 30917-4035
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2020
—
Rb Capital Investments LLC
1051 Broad Street LLC
Grant Deed
related
$3,517,000 · Pinnacle Bk
Dec 6, 2016
$780,000
Rb Capital Investments LLC
Henry,nicke L & Angela L
Warranty Deed
related
$680,000 · Afb&t
Dec 6, 2016
—
1051 Broad Street LLC
Rb Capital Investments LLC
Warranty Deed
related
—
Apr 22, 2009
$465,000
Nicke L Henry
Trm Investments INC
Grant Deed
$395,250 · Suntrust Bank NA
May 8, 2000
—
Michael LP
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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