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Property profile & analytics
FOR SALE
Commercial land
1675 Olive Rd Augusta, GA 30904
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-4523764
For Sale
1 / 12
$1,500,000
1675 Olive Rd, Augusta, GA 30904
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1953
Total area
5,390 SF
Lot
0.53 ac (23,087 SF)
Zoning code
B-2
APN
058-3-101-00-0
UPID
US22-4523764
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$612k
Blend (final)
Blend
$665k
Owner & transaction history
S2 Real Business INC · 2 yrs held
S2 Real Business INC
since 2023
Last sale
$770,000
7 recorded transactions
Zoning & alternative use
B-2 · Augusta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+123.1%
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
$575,000
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$485,000
Current use
OFFICE BUILDING
$1,080,000
Change: +123% · Conversion: Easy
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $770k (Dec 27 2023)
Last sale anchor
$770k
Dec 27 2023
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
$123 / 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
$2,142
Tax year 2024
Assessed value
$149,528
Assessed 2024
Previous assessed
$68,204
+119.2% YoY
Effective rate
1.43%
On assessed value
Assessed land
$9,240
Assessed improvement
$140,288
Land market value
$23,100
Improvement market value
$350,720
Total market value
$373,820
Applied tax rate
2.0000
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 Sale
Year built
1953
Heating
BASEBOARD
Cooling
WALL UNIT
Stories
1
Total area
5,390 SF
Lot
0.53 ac (23,087 SF)
Zoning code
B-2
APN
058-3-101-00-0
UPID
US22-4523764
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$485,000
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1953
Heating
BASEBOARD
Cooling
Yes
Stories
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
S2 Real Business INC
Entity
Mailing address
1675 OLIVE RD, AUGUSTA, GA 30904-4984
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2023
$770,000
S2 Real Business INC
Aaa 786 USA LLC
Warranty Deed
$665,400 · Hometrust Bank
Dec 3, 2020
$450,000
Aaa 786 USA LLC
Arawa Express LLC
Warranty Deed
$416,000 · Quantum Nat'l Bk
Feb 24, 2017
$550,000
Arawa Express INC
Kim,chin H
Grant Deed
$467,000 · Bank Of Hope
Nov 25, 2013
$150,000
Chin H Kim
Gleason,kyong C
Warranty Deed
$121,760 · Queensborough National Bk&tr
May 21, 2010
$190,000
Kyong Cha Gleason
Kim,chan
Grant Deed
—
May 22, 2008
$160,000
Chah Kim
Beckham,robert C
Grant Deed
—
—
—
Kyong C Gleason
—
Deed Of Trust
related
$101,847 · First Bank Ga
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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