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Property profile & analytics
OFF-MARKET
Estimated value
$29,700,000
Industrial land
4278 Mike Padgett Hwy Augusta, GA 30906-9784
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-0860484
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1961
Total area
656,528 SF
Lot
240.88 ac (10,492,733 SF)
Zoning code
HI
APN
216-0-005-00-0
UPID
US22-0860484
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
-
Clearwater Paper - Augusta Mill
-
Graphic Packaging International Corporate Office
-
Paper Mill Augusta Industrial Manufacturer Production Facility
-
International paper Mill
-
Thompson Industrial Services Professional Services
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$29.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$38.17M
Blend (final)
Blend
$29.70M
Owner & transaction history
Clearwater Paper Corp · 2 yrs held
Clearwater Paper Corp
since 2024
Last sale
$29.7M
5 recorded transactions
Zoning & alternative use
HI · 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
$29,700,000
ML approach
$29,700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$43,510,000
Current use
Blend value · Realmo final
$29.70M
Range $26.73M – $32.67M · ±10% · vs last sale $29.70M (May 1 2024)
Last sale anchor
$29.70M
May 1 2024
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
$45 / 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
$247,507
Tax year 2024
Assessed value
$9,262,080
Assessed 2024
Previous assessed
$10,287,204
-10.0% YoY
Effective rate
2.67%
On assessed value
Assessed land
$770,816
Assessed improvement
$8,491,264
Land market value
$1,927,040
Improvement market value
$21,228,160
Total market value
$23,155,200
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
1961
Heating
BASEBOARD
Cooling
WALL UNIT
Stories
1
Total area
656,528 SF
Lot
240.88 ac (10,492,733 SF)
Zoning code
HI
APN
216-0-005-00-0
UPID
US22-0860484
Jurisdiction
RICHMOND
Zoning & alternative use
HI · Augusta, GA
Zoning HI · permitted uses
HI · 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
INDUSTRIAL (GENERAL) Current
Est. value
$43.5M
INDUSTRIAL (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
1961
Heating
BASEBOARD
Cooling
Yes
Stories
1
Lot
240.88 ac
Current owner
From public records · entity-resolved
Clearwater Paper Corp
Entity
Free & Clear · 2 yrs held
Mailing address
1382 S GLASSINE RD STE #100, AUGUSTA, GA 30906-0011
Ownership since
2024
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
May 1, 2024
$29,700,876
Clearwater Paper Corp
Graphic Packaging International LLC
Warranty Deed
—
Mar 22, 2018
—
Graphic Packing Intl LLC
—
Deed
related
$660,000,000 · Bank Of America California NA
Jan 5, 2018
—
International Paper Co
Sustainable Forest LLC
Quit Claim Deed
related
—
Jan 5, 2018
$53,900,000
Graphic Packaging Intl LLC
International Paper Co
Grant Deed
—
—
—
Graphic Packing Intl LLC
—
Deed Of Trust
related
$660,000,000 · Bank Of America California NA
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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