A+ Signalized Corner Site

The corner of Walton Way Ext. and Wheeler Rd has been sought after by developers for years. Currently there is a 3,754 +/- SF office building on the site that is in excellent condition. A purchaser can utilize the office building or demolish the building and use the site for redevelopment. The roof was replaced in 2022 and all mechanical systems are in good working order. The highest and best use for the site is retail development and the asking price is based on retail land sales comps.
With a traffic count of over 25,000 cars per day the site is ideal for a business that desires great visibility and signage. All utilities are available. Roughly 0.47 acres of the site have never been developed and are raw. Currently there are curb cuts on Wheeler Rd and Walton Way Ext. The site has no wetlands and is not located in the 100 year flood zone. The property is zoned B-1 which is appropriate for most retail and office uses.
The subject site is located at one of the busiest signalized corners in Augusta. Traffic from West Augusta and Columbia County largely flows down Wheeler Road and either continues north through this intersection or turns east to use Walton Way to get downtown. Turning west takes the driver to a regional power center featuring over half a million SF of retail space. Within a 1-mile radius there is well over 1 million SF of retail space.
The residential subdivisions north of the site between Walton Way Ext. and Berckmans Road are seasoned and highly desirable. On the other side of Berckmans Road is the Augusta National Golf Club which is home to the annual Masters Golf Tournament. Home values in that residential node average in value from 500k to 2 million dollars. The Augusta National is less than 3 miles from the subject site.
The 5-mile radius stretches across the river into South Carolina on the east and Fort Eisenhower to the west. The Fort is the area’s largest employer and is home to Army’s Cyber Command.