Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    548 Walton Way Augusta, GA 30901-2904
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    548 Walton Way Augusta, GA 30901-2904

    View on Map
    • Commercial land
    • 56,412 SF
    • 2.52 lot acres
    Off-Market
    Property ID
    US22-1766481
    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.
    Value Estimations
    $5,795,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 548 Walton Way

    Year built
    1961
    Lot size
    2.52 lot acres
    Property size
    56,412 SF
    Zone code
    LI
    Property type
    Commercial land
    APN
    047-3-376-00-0
    APU
    473376000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,064,000
      Market price range: $1.98M - $6.06M
      AI Estimate
      $5,879,000
      Market price range: $1.39M - $5.88M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $3,715,000
      Current use
      INDUSTRIAL (GENERAL)
      $3,740,000
      Change: +1% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Richmond
    State
    Georgia
    Longitude
    -81.9643
    Latitude
    33.466
    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
    $46,271
    $43,981
    $1,556,208
    $1,600,189
    -
    $109,953
    $3,890,520
    $4,000,473

    Comparable in this City

    • Value Estimation by Request
      0.05 Acres

      703 5th St

      VACANT COMMERCIAL LAND • 0.05 Acres
      703 5th St, Augusta, GA 30901-2412
      View Details
    • Value Estimation by Request
      2.05 Acres

      13 8th St

      VACANT COMMERCIAL LAND • 2.05 Acres
      13 8th St, Augusta, GA 30901-1311
      View Details
    • Value Estimation by Request
      0.42 Acres

      1630 Arthern Rd

      VACANT COMMERCIAL LAND • 0.42 Acres
      1630 Arthern Rd, Augusta, GA 30901-3072
      View Details
    • Value Estimation by Request
      0.21 Acres

      813 Belafonte Dr

      VACANT COMMERCIAL LAND • 0.21 Acres
      813 Belafonte Dr, Augusta, GA 30901-5604
      View Details
    • Value Estimation by Request
      0.12 Acres

      417 Boundary

      VACANT COMMERCIAL LAND • 0.12 Acres
      417 Boundary, Augusta, GA 30901-2580
      View Details
    • Value Estimation by Request
      0.08 Acres

      524 Broad St

      VACANT COMMERCIAL LAND • 0.08 Acres
      524 Broad St, Augusta, GA 30901
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Downtown Augusta Commercial Development Opportunity

      Commercial land for development in downtown Augusta near amenities.
      1232 Ellis St, Augusta, GA 30901
      View Details
    • Contact for pricing

      Downtown Augusta Retail Land Parcel

      0.78 AC retail land in Downtown Augusta.
      1027 Telfair St, Augusta, GA 30901
      View Details
    • $175,000
      0.28 Acres

      Downtown Augusta Land For Sale

      0.23 acre lot in rapidly developing downtown Augusta area.
      1658 Martin Luther King Jr Blvd, Augusta, GA 30901
      View Details
    • $1,500,000
      0.52 Acres

      Prime Augusta Development Land Package

      Four-parcel land package ideal for development in downtown Augusta.
      1428 Augusta Ave, Augusta, GA 30901
      View Details
    • $169,000
      1.73 Acres

      Land on Sand Bar Ferry

      1.73 acre lot on Sand Bar Ferry Road.
      753 Sand Bar Ferry Rd, Augusta, GA 30901
      View Details
    • Contact for pricing

      Approved Site for Mixed-Use Development

      Engineered site approved for 163 apartments and retail space.
      1010 James Brown Blvd, Augusta, GA 30901
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      17.14 Acres of Fenced Land

      17.14 acres of fenced land available for lease.
      415 Laney Walker Boulevard Ext, Augusta, GA 30901
      View Details
    • Contact for pricing
      3,505 SF

      Signalized Corner Land for Lease

      Land for lease at a major, signalized intersection.
      1302 Broad St, Augusta, GA 30901
      View Details
    • Contact for pricing

      Industrial Land Near Interstate 520

      17.14 acres of industrial land available for lease.
      415 Laney Walker Blvd, Augusta, GA 30901
      View Details
    • Sponsored
      Contact for pricing

      GA, Augusta - Broad St

      Discover many ways to work your way in TX, Arlington - S Bowen Rd
      823 Broad Street Ext, Augusta, GA 30901
      View Details
    • Contact for pricing

      Downtown Augusta Former Bank Building

      Former bank building in downtown Augusta with drive-thru.
      1101 Jones St, Augusta, GA 30901
      View Details
    • Contact for pricing

      Renovated Office Space in Augusta

      Class A office space in a historic, renovated cotton mill.
      1450 Greene St, Augusta, GA 30901
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    548 Walton Way
    Augusta, GA 30901-2904
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!