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Absolute Auction - Land

0.67 AC Pad Ready Parcel – 17K VPD

2617 Deans Bridge Road, Augusta, GA 30906

Under Contract
This asset was part of the September 23rd 2021 sale event and is currently under contract.

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  • Asset Type
  • Real Estate
  • Property Type
  • Land
  • Land Area
  • 0.67 Acres

0.67 AC Pad Ready Parcel – 17K VPD

Investment Highlights

  • ±0.67 AC Pad-site within dense retail corridor
  • Direct access and visibility to ±16,692 VPD and near intersection of Gordon Highway (±22K VPD)
  • Numerous area amenities, demand generators, retail including U-Haul, Checkers, Family Dollar, McDonalds, Roses, Harveys Supermarket, Citi Trends, Hibbett Sports, Dollar General and more
  • Zoned B-2, General Business allowing for flexible commercial uses
  • Strong 2021 demographics with ±124,816 people and an avg household income of ±$57,982 (5-mile radius)
  • Absolute $1 Auction NO RESERVE!
 

Offering Detail

CBRE and RealINSIGHT Marketplace are pleased to present a 0.67-AC land parcel located at 2617 Deans Bridge Road (the “Property”) in Augusta, Georgia. This Property offers an exceptional investment opportunity to develop a pad site in a strong retail corridor and first bid meets reserve!

The Property consists of a 0.67-acre pad site with two curb cuts on Deans Bridge Road benefitting from 16,692 vehicles passing by per day and also benefits from proximity to Gordon Highway with 22,383 vehicles per day. The Property is in a robust trade area near a mix of residential and retail demand generators.  National retailers in the area include Harveys Supermarket, U-Haul, Roses, Citi Trends, Hibbett Sports, Dollar Tree, McDonald’s, Captain D’s, Checkers, Dollar General, Family Dollar and more. The Property is zoned B-2, general business which allows for most retail uses. Per CoStar, retail rents in the Augusta Market were rising at a 2.2% annual rate during the third quarter of 2021 and vacancies in the metro were below the 10-year average as of 2021Q3, trending lower.

Augusta is the second-largest city in Georgia and lies across the Savannah River from South Carolina. The Property is located 3-miles from downtown Augusta, ±3-miles from I-520, and ±6-miles from I-20.  Within a 15-minute drive time of the Property are numerous golf courses including Augusta National Golf Club, Augusta Country Club, Forest Hills Golf Course, Patch of Augusta, The River Golf Club (SC), and Augusta Municipal Golf Course. The Property is located in a dense residential area and benefits from compelling demographics. In 2021, the Property had approximately ±124,816 individuals with an average household income of ±$57,982 (5-mile radius).
 

Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Under Contract
This asset was part of the September 23rd 2021 sale event and is currently under contract.

Ready to sell your asset on the platform with the highest trade rate in the industry?
Get Started Today!

Need Help?

Have questions about Marketplace? You can reach us at 800.915.7015 or info@rimarketplace.com.

Auctioneer

  • Lamar P. Fisher

    Fisher Auction Company Inc.

    License: AUNR003157