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Property profile & analytics
FOR SALE
Commercial land

909 15Th St Augusta, GA 30901

4,308 SF 0.49 ac lot Built 1965
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-1642684
Property summary
AI-generated overview

This 4,308 square foot medical office building in Augusta, GA, is situated directly across from the VA Hospital, Wellstar Hospital, and Augusta University's Medical Campus, offering unparalleled accessibility and visibility. Built in 1965, this single-story building sits on 4.9 acres and features 20+ parking spaces. Previously used as an ophthalmology practice, the layout includes three exam rooms, a laser room, a break room, three administrative offices, and a large lobby connected to a sales floor. The property also includes a 0.27-acre parking lot. The R-1 zoning allows for continued medical use or redevelopment. Its location within Augusta's thriving medical district, coupled with the Board of Regents' ongoing land acquisition for expansion in the area, presents a strategic opportunity for medical practices or institutional investors. The property's proximity to a large patient base and professional network makes it an attractive investment for those seeking a prime location in a growing healthcare hub. This is a rare opportunity to acquire a well-positioned medical office building with significant potential for future growth and development. The property is available for sale or lease. APN: 046-1-012-00-0.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1965
Total area 4,308 SF
Lot 0.49 ac (21,344 SF)
Zoning code B-1
APN 046-1-012-00-0
UPID US22-1642684
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
  • Academy of Cataract and Laser Surgery Medical Clinic Hospital
  • Ellenberger Douglas W OD Physician
  • Yan Wu, OD Physician
  • Howard Bruckner Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$790k
CAP Approach CAP
$805k
Comparable Approach Comparable
$463k
Blend (final) Blend
$745k
Owner & transaction history
Unique909 LLC · 2 yrs held
Unique909 LLC
since 2023
Last sale
$987,120
1 recorded transaction
2023
$987,120
Zoning & alternative use
B-1 · Augusta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $865,000 +204.5%
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