Absolute $1 Auction, Pad Ready
2617 Deans Bridge Road : Augusta, GA 30906
Richmond County, Georgia
Land Description
Absolute Auction - Marketplace
Online Auction Sept. 21-23, 2021
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 (5-mile radius)
•Absolute Auction NO Reserve.
Offering Detail
CBRE and 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 (5-mile radius).
Auctioneer:
Lamar P. Fisher
Fisher Auction Company Inc.
License: Aunr003157
