1219 W Wheeler Pkwy Augusta, GA 30909
- Commercial land
- 5,864 SF
- 0.87 lot acres
Current Use by Public Records
- Alicia T. Murdock, NP / Physician
- Mrs. Tanya Mims / Physician
- Walters Patrick T / Employment Agency
- George Pursley / Physician
- Clear Choice STD Testing / Std Testing Service
Property Details for 1219 W Wheeler Pkwy
- Year built
- 2009
- Lot size
- 0.87 lot acres
- Property size
- 5,864 SF
- Zone code
- B-2
- Property type
- Commercial land
- APN
- 030-0-238-00-0
- APU
- 300238000
Description
This exceptional Augusta, Georgia medical office portfolio offers 12,649 square feet across three buildings, situated on a 2.22-acre lot. The property boasts a pristine exterior and high-quality interior finishes. Currently 100% occupied by three tenants, including AU Health, Kindred at Home, and Laboratory Corporation of America Holdings, this portfolio provides a stable income stream with a 5.24% cap rate and a Net Operating Income (NOI) of $167,593. The portfolio includes four units in total, with three existing buildings and one vacant 2.22-acre build-to-suit lot, allowing for future expansion. The buildings are two stories, featuring a total of 26 parking spaces. The property is zoned B-2 and strategically located on West Wheeler Parkway, near Doctors Hospital and Augusta University Health's West Wheeler Complex, offering easy access to major interstates I-20 and I-520. This presents a rare opportunity to acquire a high-quality, low-maintenance medical office portfolio in a prime Augusta location. The property's strong tenant base, including national corporations, ensures long-term stability and potential for growth. The asking price is $3,200,000, with a price per square foot of $252.98. The lease type is modified, and tenant credit is secured by a corporate guarantee. The property's location provides convenient access to the broader Augusta market and surrounding areas. The APN numbers are 030-0-238-00-0, 030-1-013-00-0, 030-1-014-00-0, and 030-1-015-00-0.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,185,000
- 6.5%
- $1,095,000
- 7%
- $1,020,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $864,000
Market price range: $190k - $865k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $880,000 Current use
- OFFICE BUILDING
- $1,175,000 Change: +34% Conversion: Easy
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Augusta
- County
- Richmond
- State
- Georgia
- Longitude
- -82.098
- Latitude
- 33.481
- CBSA code
- 12260
- CBSA name
- AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA
