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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2915 Professional Pkwy Augusta, GA 30907-6521

    • Specialty properties
    • 3,663 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimations
    $320,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-4702284
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Augusta Care Pregnancy Center / Non-Profit Organization
    • FedEx Drop Box / Mailing Service
    • DR CHO ACUPUNCTURE CLINIC LLC (Celestial Oriental Medicine) / Acupuncturist
    • Rodney's Bathroom Remodeling / Remodeler / General Contractor

    Property Details for 2915 Professional Pkwy

    Year built
    1989
    Lot size
    0.43 lot acres
    Property size
    3,663 SF
    Zone code
    P-1
    Property type
    Specialty properties
    APN
    016-0-420-01-0
    APU
    160420010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $270,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $367,000
      Market price range: $90.6k - $378k

    • Alternative Use

      Use
      Estimation
      CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
      $235,000
      Current use
      OFFICE BUILDING
      $425,000
      Change: +82% Conversion: Difficult
      RETAIL STORES
      $370,000
      Change: +59% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $270,000
      Change: +15% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $220,000
      Change: -5% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Richmond
    State
    Georgia
    Longitude
    -82.0812
    Latitude
    33.4997
    CBSA code
    12260
    CBSA name
    AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $535
    $10,000
    $176,092
    $186,092
    -
    $25,000
    $440,230
    $465,230

    Comparable in this City

    • Value Estimation
      $550,000
      1,764 SF

      3133 Washington Rd

      CHARITABLE ORGANIZATION • 1,764 SF
      3133 Washington Rd, Augusta, GA 30907-3835
      View Details
    • Value Estimation
      $280,000
      1,980 SF

      2954 Foxhall Cir

      CHARITABLE ORGANIZATION • 1,980 SF
      2954 Foxhall Cir, Augusta, GA 30907-3647
      View Details
    • Value Estimation
      $1,545,000
      1,800 SF

      421 The Pass

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,800 SF
      421 The Pass, Martinez, GA 30907-2778
      View Details
    • Value Estimation by Request
      9,108 SF

      339 Marshall St

      Retirement homes • 9,108 SF
      339 Marshall St, Augusta, GA 30907
      View Details
    • Value Estimation
      $285,000
      4,540 SF

      4120 Wheeler Rd

      VETERINARY, ANIMAL HOSPITAL • 4,540 SF
      4120 Wheeler Rd, Martinez, GA 30907-9730
      View Details
    • Value Estimation
      $265,000
      2,479 SF

      140 Gardners Ml Rd

      CHARITABLE ORGANIZATION • 2,479 SF
      140 Gardners Ml Rd, Augusta, GA 30907-3792
      View Details

    Similar Nearby for Sale

    • $2,750,000
      15,066 SF

      NNN Property with National Tenant

      100% occupied NNN property with a national tenant.
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    • $330,000
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      0.50 Acres

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      Prime B-2 zoned lot, ideal location.
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    • $200,000
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      Riverwatch Commercial Land Opportunity

      Prime Augusta location, 1.03 acres, $200,000.
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      1,500 SF

      Office Building on Bobby Jones

      1,500 SF office building with high traffic exposure.
      236 Bobby Jones Expy, Augusta, GA 30907
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    • $1,011,000

      3.37 AC Commercial Land

      Cleared 3.37 AC commercial land with utilities on site.
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    Similar Nearby for Lease

    • Contact for pricing
      40,000 SF

      Westlake Commons Retail Space

      Prime Martinez, GA Lifestyle Center
      1000 Lk Cmns Dr, Martinez, GA 30907
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    • $20 SF/Yr
      2,700 SF

      Augusta Retail or Office Space

      Retail or office spaces available for lease in Augusta, GA.
      231 Furys Ferry Rd, Augusta, GA 30907
      View Details
    • $26 SF/Yr
      5,004 SF

      Augusta Retail Space Available

      Retail suites available, ranging from 1,200 to 8,600 SF.
      110 Davis Rd, Augusta, GA 30907
      View Details
    • $17 SF/Yr
      1,690 SF

      Prime Augusta Location Office Space

      Office space in a high-traffic Augusta location, ideal for business.
      525 Pleasant Home Rd, Augusta, GA 30907
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space on Bobby Jones

      Retail space available for rent on Bobby Jones Expy.
      246 Bobby Jones Expy, Augusta, GA 30907
      View Details
    • Contact for pricing
      1,150 SF

      Office Space Available For Rent

      Office space for rent with 1150 square feet area.
      119 Davis Rd, Augusta, GA 30907
      View Details
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    Augusta, GA 30907-6521
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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