3208 MIKE PADGETT HWY., Augusta, GA

Industrial for Sale - $1,200,000 - 48,162 Sq. Ft. on 5.35 acres

Sherman & Hemstreet Real Estate Comp

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Agent Info

NameJoe Edge
CompanySherman & Hemstreet Real Estate Comp

Property Info

CIMLS #954978
Location3208 MIKE PADGETT HWY.
Augusta GA 30906
Last UpdatedJanuary 2nd, 2019
Building48,162 Sq. Ft.
Land5.35 acres
DemographicsView data


Property Description

Motivated Seller. Bring ALL offers. Self Storage facility in great location in growing Augusta, GA. Needs new operator. Rents are below market and no advertising is being done but there is great demand in the area. South Richmond Business Park is a 5.35 acre parcel consisting of approximately 19,100 square feet of office-showroom/warehouse space (9 units) as well as a self storage facility consisting of 268 units of various sizes (approximately 29,062 square feet).

Please note on financials that the current proforma factors in the two vacant flex space units. Those will likely be rented before closing and just went on the market for lease. Once rented that would add over 40k to the bottom line on the NOI on the below proforma.

Location Description:

This property is in the South Augusta area on Mike Padgett Highway and is located .3 miles from Bobby Jones Expressway (I-520) and 4 miles from Augusta Regional Airport. Close to Fort Gordon and lots of rooftops and industry.


>> Close to Interstate & Fort Gordon

>> High Traffic Area

>> Flex Space Units in addition to mini-storage

>> Rents are below market

>> Needs experienced operator

>> Tons of upside

* Email for additional photos

** This property also has spaces available for lease.

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