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1002 Walton Way 18,942 SF 100% Leased Flex Building Augusta, GA 30901 $695,000 ($36.69/SF)


Investment Highlights
- Two units (1002 & 1004 Walton Way) totaling ~18,900 SF offered under one roof
- Unit 1004 vacant—ideal for owner-user or lease-up
- Prime Downtown Location - Adjacent to the medical district with access to Gordon Highway
- Immediate In-Place Income; Unit 1002 fully leased at $5,990/month
- Flexible Use Configuration
- Updated HVAC, new electrical panel, new water heater
Executive Summary
This commercial property at 1002 Walton Way offers an excellent acquisition opportunity in Augusta’s Laney Walker neighborhood near downtown and the medical district. The building spans approximately 18,942 square feet on a 0.87-acre parcel, providing flexibility for retail, office, or mixed-use redevelopment aligned with B-2 zoning regulations. The structure, constructed in 1963, benefits from a layout that can accommodate a variety of commercial uses and adaptive reconfigurations.
Conveniently located along Walton Way, this site offers strong frontage and accessibility to major city corridors. The immediate area includes a mix of residential, institutional, and retail uses, ensuring consistent local activity and visibility. Proximity to Augusta University and the central business district makes this an attractive location for owner-users, investors, and organizations seeking to establish or expand operations within a transitioning growth market. Recent nearby revitalization initiatives underscore the long-term prospects for value appreciation.
Conveniently located along Walton Way, this site offers strong frontage and accessibility to major city corridors. The immediate area includes a mix of residential, institutional, and retail uses, ensuring consistent local activity and visibility. Proximity to Augusta University and the central business district makes this an attractive location for owner-users, investors, and organizations seeking to establish or expand operations within a transitioning growth market. Recent nearby revitalization initiatives underscore the long-term prospects for value appreciation.
Property Facts
| Price | $695,000 | Lot Size | 0.87 AC |
| Price Per SF | $36.69 | Rentable Building Area | 18,942 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Flex | Year Built | 1963 |
| Property Subtype | Flex Research & Development | Parking Ratio | 1.06/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | B-2 - Business Commercial | ||
| Price | $695,000 |
| Price Per SF | $36.69 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | C |
| Lot Size | 0.87 AC |
| Rentable Building Area | 18,942 SF |
| No. Stories | 1 |
| Year Built | 1963 |
| Parking Ratio | 1.06/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | B-2 - Business Commercial |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 0464080000 | Improvements Assessment | $188,980 |
| Land Assessment | $30,318 | Total Assessment | $219,298 |
Property Taxes
Parcel Number
0464080000
Land Assessment
$30,318
Improvements Assessment
$188,980
Total Assessment
$219,298
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1002 Walton Way
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