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Property profile & analytics
FOR SALE
Commercial land
2822 Hillcreek Dr Augusta, GA 30909
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1158956
For Sale
1 / 50
$2,800,000
2822 Hillcreek Dr, Augusta, GA 30909
View Listing →
Property summary
AI-generated overview
This exceptional commercial office building, situated at 2822 Hillcreek Drive in Augusta, Georgia, presents a remarkable investment opportunity. Boasting over 15,483 square feet of usable space on a 1.19-acre lot, this property offers unparalleled convenience with its prime location just off Wheeler Road and Augusta West Parkway, providing easy access to I-20 and the Bobby Jones Expressway. The building features 15 individual offices, eight bathrooms, two conference rooms, and several large break areas, ensuring ample space for a variety of business needs. A significant advantage is the abundance of parking, with 80 spaces available for employees and clients. Recent renovations have enhanced the property's appeal, including a brand-new roof installed on July 19, 2024, fresh paint throughout, and new carpeting. The modern furniture and cubicles are included in the sale, further adding to the value and minimizing upfront costs for the new owner. The property's proximity to shopping, dining, and Fort Eisenhower adds to its desirability. This is a turnkey solution for a business seeking a well-maintained, spacious, and conveniently located office space. The asking price is $2,800,000.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1998
Total area
15,483 SF
Lot
1.19 ac (51,836 SF)
Zoning code
2
APN
030-0-259-01-0
UPID
US22-1158956
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
-
University Physicians Central Business Office Medical Group
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$1.73M
Owner & transaction history
2818 Hillcreek Drive LLC · 4 yrs held
2818 Hillcreek Drive LLC
since 2021
Last sale
$1.7M
4 recorded transactions
Zoning & alternative use
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
$1,615,000
ML approach
$1,755,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,320,000
Current use
Blend value · Realmo final
$1.73M
Range $1.55M – $1.90M · ±10% · vs last sale $1.72M (Nov 1 2021)
Last sale anchor
$1.72M
Nov 1 2021
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
$111 / 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
$25,371
Tax year 2024
Assessed value
$945,820
Assessed 2024
Previous assessed
$785,024
+20.5% YoY
Effective rate
2.68%
On assessed value
Assessed land
$80,000
Assessed improvement
$865,820
Land market value
$200,000
Improvement market value
$2,164,550
Total market value
$2,364,550
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
1998
Heating
BASEBOARD
Cooling
WALL UNIT
Stories
1
Total area
15,483 SF
Lot
1.19 ac (51,836 SF)
Zoning code
2
APN
030-0-259-01-0
UPID
US22-1158956
Jurisdiction
RICHMOND
Zoning & alternative use
2 · Augusta, GA
Zoning 2 · permitted uses
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
$2.3M
COMMERCIAL (GENERAL) Current
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
1998
Heating
BASEBOARD
Cooling
Yes
Stories
1
Lot
1.19 ac
Current owner
From public records · entity-resolved
2818 Hillcreek Drive LLC
Entity
Free & Clear · 4 yrs held
Mailing address
11740 SW 80TH ST STE #102, MIAMI, FL 33183-4822
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2021
$1,720,200
2818 Hillcreek Drive LLC
W R Partners LLC
Warranty Deed
—
Aug 30, 2018
$2,000,000
Wr Partners LLC
Meybohm,robert L
Warranty Deed
$450,000 · Roberta S Snelling
May 18, 2018
$14,000
Robert L Meybohm
Hill Crk Prop Of Augusta LLC
Quit Claim Deed
related
—
Oct 31, 2012
—
Hillcreek Properties Of Augusta L
Meybohm,robert L
Warranty Deed
$1,400,000 · Savannah River Banking Co
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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