Auction Information
Absolute $1 Auction - 0.67 AC Pad Ready Parcel
ABSOLUTE $1 AUCTION
Marketplace Online Auction September 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 $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...
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, McDonalds, Captain Ds, 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).
Auctioneer:
Lamar P. Fisher
Fisher Auction Company Inc.
License: AUNR003157
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