High Density Development Site

13.4 Acres of Commercial Land Offered at $900,000 USD in Augusta, GA 30906

Date Added:
September 16, 2024
Days on Market:
2 days

Asking Price $900,000

Property Type
Land

Listing Contacts

Zack Hartman
Zack Hartman
Verified Profile
  • Property Info

Property Overview

This 13.4 acre parcel of undeveloped land has 966 ft of frontage on Deans Bridge Road. Site has obtained zoning approval for 135 townhome units. All utilities and DOT easements are in place and site is ready for development. Modification of entitlements could result in higher density if developer was to seek apartment use instead of fee simple townhomes. Asking price of under $7,000 per unit for just the dirt and approved drawings is substantially below market value. Location has seen substantial need for housing. The housing needs are due to the close proximity to Fort Eisenhower and Augusta Technical College, two of the area’s largest employers. This site is halfway in the middle of both employers. Rent growth in Augusta has increased dramatically the previous 2-5 years and is projected to continue to outpace other parts of the southeast in years to come.

Property Details

Property Subtype
Commercial

Highlights

  • All Utilities and DOT easements in place
  • Approved site plan for 135 townhome units

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