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Property profile & analytics
FOR LEASE
Strip malls
246 Bobby Jones Expy Augusta, GA 30907
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0865067
For Lease
1 / 2
Contact for pricing
246 Bobby Jones Expy, Augusta, GA 30907
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1987
Construction
CONCRETE
Total area
22,934 SF
Lot
1.18 ac (51,401 SF)
Zoning code
C-2;GEN COMM DISTR
APN
078D019
UPID
US22-0865067
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
-
Flooring Pros | Augusta Flooring Company General Contractor Renovation Specialist
-
America's Home Place - Augusta, GA Construction Company General Contractor
-
MattressMan Superstore Augusta Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.86M
Owner & transaction history
West Augusta Plaza LLC · 4 yrs held
West Augusta Plaza LLC
since 2022
Last sale
$1.8M
5 recorded transactions
Zoning & alternative use
C-2;GEN COMM DISTR · 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
$1,765,000
ML approach
$1,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.86M
Range $1.67M – $2.04M · ±10% · vs last sale $1.85M (Mar 1 2022)
Last sale anchor
$1.85M
Mar 1 2022
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
$81 / 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
$16,723
Tax year 2024
Assessed value
$669,680
Assessed 2024
Previous assessed
$920,877
-27.3% YoY
Effective rate
2.50%
On assessed value
Assessed land
$229,545
Assessed improvement
$440,135
Land market value
$573,862
Improvement market value
$1,100,338
Total market value
$1,674,200
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1987
Construction
CONCRETE
Heating
NONE
Buildings
1
Stories
1
Rooms
9
Bathrooms
10
Total area
22,934 SF
Lot
1.18 ac (51,401 SF)
Zoning code
C-2;GEN COMM DISTR
APN
078D019
UPID
US22-0865067
Jurisdiction
COLUMBIA
Zoning & alternative use
C-2;GEN COMM DISTR · Augusta, GAZoning C-2;GEN COMM DISTR · permitted uses
C-2;GEN COMM DISTR · Augusta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1987
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
1
Rooms
9
Bathrooms
10
Lot
1.18 ac
Current owner
From public records · entity-resolved
West Augusta Plaza LLC
Entity
Mailing address
2743 PERIMETER PKWY BLDG #37, AUGUSTA, GA 30909-4576
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Mar 1, 2022
$1,849,856
West Augusta Plaza LLC
Victor J Mills
Limited Warranty Deed
—
Apr 1, 2021
—
Senn Enterprises Lllp
West Augusta Plaza LLC
Warranty Deed
—
Apr 1, 2013
—
West Augusta Plaza LLC
Duffie Props Number One LLC
Grant Deed
related
—
Oct 5, 2012
$2,529,700
West Augusta Plaza LLC
Duffie Properties 1 LLC
Grant Deed
$2,581,065 · Queensborough National Bk&tr
—
—
Duffie Properties One LLC
—
Deed Of Trust
related
$2,524,983 · Queensborough National Bk&tr
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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