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    Property profile & analytics

    7025 Evans Town Center Blvd Evans, GA 30809

    • Strip malls
    • 18,582 SF
    • 0.83 lot acres
    For Lease
    View listing
    $27 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-3887336
    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

    • Berry Team Augusta / Real Estate Agency
    • PJ Furno - REALTOR® | Meybohm Real Estate / Real Estate Agency
    • Canterbury Farms / Housing Development
    • The Plaza at Evans Towne Center / Shopping Center & Mall
    • Meybohm - Scott Madaus / Real Estate Agency

    Property Details for 7025 Evans Town Center Blvd

    Year built
    2019
    Lot size
    0.83 lot acres
    Property size
    18,582 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    072 550B
    APU
    072550B

    Description

    The Plaza at Evans Towne Center offers 10,286 square feet of vacant Class A space in a four-story building totaling 58,000 square feet. Located at 7025 Evans Town Center Blvd, Evans, GA 30809, this property boasts 15 suites, with spaces ranging from 1,173 to 5,660 contiguous square feet. Built in 2018, this single building is situated in a vibrant, mixed-use development in Columbia County, offering exceptional visibility and accessibility. The Plaza is a public-private venture, strategically located near the Columbia County Courthouse, Library, and Lady Antebellum Park, benefiting from strong demographics, population growth, and convenient access to major roadways. The property's retail, office, and restaurant zoning provides flexibility for a variety of businesses. This is an unparalleled opportunity to establish a presence in a thriving community with high growth potential. The development includes a cultural arts center and is part of a larger 22-acre site encompassing retail, professional, and residential components. This location offers excellent education and healthcare resources nearby. Contact us today to learn more about this exceptional commercial real estate opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,640,000
      6.5%
      $3,360,000
      7%
      $3,120,000

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $3,620,000
      Current use
      RETAIL STORES
      $4,095,000
      Change: +13% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Evans
    County
    Columbia
    State
    Georgia
    Longitude
    -82.1295
    Latitude
    33.544
    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
    $75,104
    $196,105
    $2,811,437
    $3,007,542
    -
    $490,262
    $7,028,593
    $7,518,855

    Comparable in this City

    • Value Estimation
      $3,315,000
      38,152 SF

      Washington Rd

      SHOPPING CENTER, STRIP CENTER • 38,152 SF
      Washington Rd, Evans, GA 30809
      View Details
    • Value Estimation
      $1,935,000
      18,000 SF

      4492 Washington Rd

      SHOPPING CENTER, STRIP CENTER • 18,000 SF
      4492 Washington Rd, Evans, GA 30809-3800
      View Details
    • Value Estimation
      $1,145,000
      8,845 SF

      4237 Washington Rd

      SHOPPING CENTER, STRIP CENTER • 8,845 SF
      4237 Washington Rd, Evans, GA 30809-4712
      View Details
    • Value Estimation
      $1,025,000
      7,150 SF

      4534 Washington Rd

      SHOPPING CENTER, STRIP CENTER • 7,150 SF
      4534 Washington Rd, Evans, GA 30809-5891
      View Details
    • Value Estimation
      $2,580,000
      7,888 SF

      5106 Washington Rd

      SHOPPING CENTER, STRIP CENTER • 7,888 SF
      5106 Washington Rd, Evans, GA 30809-5896
      View Details
    • Value Estimation
      $3,095,000
      5,600 SF

      535 Mullins Colony Dr

      SHOPPING CENTER, STRIP CENTER • 5,600 SF
      535 Mullins Colony Dr, Evans, GA 30809-0559
      View Details

    Similar Nearby for Sale

    • $379,000
      1.00 Acre

      Evans GA Commercial Land Investment

      Prime 1-acre development site, C-2 zoning.
      4521 Washington Rd, Evans, GA 30809
      View Details
    • Contact for pricing
      1,490 SF

      NNN Investment Opportunity in Evans

      Sale-leaseback ground lease with zero landlord responsibilities and strong lease terms.
      4240 Washington Rd, Evans, GA 30809
      View Details
    • $800,000
      1.33 Acres

      Evans, GA Commercial Land

      Prime 1.33-acre commercial lot
      4548 Washington Rd, Evans, GA 30809
      View Details
    • $179,900
      0.50 Acres

      Evans, GA Commercial Corner Lot

      Commercial corner lot in Evans medical district for sale.
      801 Swindell Ct, Evans, GA 30809
      View Details
    • Contact for pricing
      20.51 Acres

      Evans, GA Retail Land Opportunity

      Prime 20-acre retail tract near Patriot's Park
      2207 William Few Pkwy, Evans, GA 30809
      View Details
    • $2,495,000
      11.37 Acres

      Evans Development Site

      Land • 11.37 Acres
      3921 Evans To Locks Rd, Evans, GA 30809
      View Details

    Similar Nearby for Lease

    • $26 SF/Yr
      1,315 SF

      New Retail Space in Evans

      Class A retail center in a thriving downtown Evans area.
      935 Ronald Reagan Dr, Evans, GA 30809
      View Details
    • $16 SF/Yr
      1,415 SF

      Retail Space in Evans Crossing

      Established shopping center with Kroger anchor and move-in ready space.
      4355 Washington Rd, Evans, GA 30809
      View Details
    • $32 SF/Yr
      1,300 SF

      Evans Retail Space: Prime Location

      1,300 sq ft retail space in thriving Evans, GA.
      5119 Washington Rd, Evans, GA 30809
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space Anchored by Publix

      Retail space available in Evans, GA, anchored by Publix.
      4272 Washington Rd, Evans, GA 30809
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Pheasant Run

      1500 SF retail space with great visibility.
      4336 Washington Rd, Evans, GA 30809
      View Details
    • Contact for pricing
      2,820 SF

      Adaptive Mixed-Use Development in Evans

      9-acre mixed-use development with retail and apartments.
      850 Ronald Reagan Dr, Evans, GA 30809
      View Details
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    Evans, GA 30809
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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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