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    Property profile & analytics
    FOR SALE
    Commercial land

    3416 Mike Padgett Hwy, Augusta, GA 30906

    9,117 SF 2.05 ac lot Built 1957
    Entity Owned 15-yr Hold ~ Est. High Equity
    Property ID
    US22-1298602
    Property summary
    AI-generated overview

    This 6.1-acre commercial land parcel, located at 3416 Mike Padgett Highway in Augusta, Georgia (zip code 30906), presents a significant development opportunity. The property boasts 550 feet of frontage along the high-traffic corridor of GA Hwy 56 (Mike Padgett Hwy), benefiting from an impressive 29,900 average annual daily traffic (AADT). Its strategic location is a quarter-mile south of Bobby Jones Expressway, placing it in close proximity to major employers such as Graphic Packaging, Textron, Solvay, and Starbucks, ensuring a substantial customer base. The site is zoned for Light Industrial and Agriculture uses, making it suitable for a variety of retail commercial developments, including fast-food restaurants and convenience stores. All utilities are readily available, and the property features four Department of Transportation (DOT) curb cuts. The property is offered as a single 6.1-acre tract, or it can be subdivided into smaller parcels to accommodate various development plans. The parcel includes four APNs: 134-10-69-010

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1957
    Total area 9,117 SF
    Lot 2.05 ac (89,298 SF)
    Zoning code A
    APN 134-1-069-01-0
    UPID US22-1298602
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $600k
    Blend (final) Blend
    $505k
    Owner & transaction history
    Fulcher,family Partnership Lll
    Fulcher,family Partnership Lll
    1 recorded transaction
    1969
    Zoning & alternative use
    A · Augusta, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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