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Property profile & analytics
FOR SALE
Office buildings

1664 Sharon Rd Washington, GA 30673

77,728 SF 36.09 ac lot Built 1972
Entity Owned 5-yr Hold Free & Clear
Property ID
US22-3319644
Property summary
AI-generated overview

This exceptional 86,600-square-foot warehouse, situated on a sprawling 36.09-acre lot in Washington, Georgia, presents a compelling investment opportunity. The single-story, 19072-built structure boasts sturdy masonry walls and a steel frame, offering significant versatility for various industrial uses, including manufacturing or logistics. The property includes 81,400 square feet of manufacturing space and 5,200 square feet of office space, complemented by 13 loading docks and 19 dock-high doors. The 23-foot ceiling height accommodates diverse operational needs. Ample power is available through Georgia Power, with options for users requiring over 900KW to bid for the lowest rates from three area providers. Washington, GA's membership in MEAG (Municipal Electric Authority of Georgia) ensures abundant utility access. Two operational heavy-lift cranes enhance operational efficiency. The property features 100 parking spaces, with substantial land for future expansion of both the building and parking areas. The roof was replaced around 2012, and the building has a sprinkler system. Lighting is a mix of LED and incandescent. The property's strategic location near major transportation corridors, including Interstate 20 and Interstate 85, and the proximity to Highway 17 (currently undergoing a four-lane expansion), provides exceptional connectivity. Future rail access and the potential for a private rail spur further enhance logistical advantages. The asking price is $2,899,999, with a lease rate of $3.10 per square foot NNN. The property is zoned for industrial use.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1972
Total area 77,728 SF
Lot 36.09 ac (1,572,080 SF)
Zoning code 3
APN 064- -001-01
UPID US22-3319644
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
  • AFG USA Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$825k
Owner & transaction history
Downtown Augusta Living LLC · 5 yrs held
Downtown Augusta Living LLC
since 2020
Last sale
$800,000
1 recorded transaction
2020
$800,000
Zoning & alternative use
3 · Washington, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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