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Cartledge Building 1101 Greene St 5,101 SF Office Building Augusta, GA 30901 $515,000 ($100.96/SF) 8.61% Cap Rate
Investment Highlights
- Easily accessed by vehicle and walkable to all prominent downtown commercial & multi-family locations. Excellent and rare paved off-street parking.
- Recent 2019 updates & renovations.
- Excellent and rare paved off-street parking.
Executive Summary
Strong Long Term Rental History in Resurgent Downtown Location.
Steps from the Medical College of Georgia and the expansive Medical District.
A short walk to the Georgia Cyber Center, the Central Business, and new hotels & multifamily properties.
This high traffic location is surrounded by hundreds of new apartments across a dozen developments and counting.
Key corner lot in Opportunity Zone has redevelopment potential for a high density project.
1031 exchange option.
Steps from the Medical College of Georgia and the expansive Medical District.
A short walk to the Georgia Cyber Center, the Central Business, and new hotels & multifamily properties.
This high traffic location is surrounded by hundreds of new apartments across a dozen developments and counting.
Key corner lot in Opportunity Zone has redevelopment potential for a high density project.
1031 exchange option.
Data Room Click Here to Access
- Operating and Financials
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
5,101 SF
Building Class
B
Year Built/Renovated
1931/2019
Price
$515,000
Price Per SF
$100.96
Cap Rate
8.61%
NOI
$44,356
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,551 SF
Building FAR
0.69
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
B-2 - General Business
Parking
12 Spaces (2.35 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Security System
- Central Heating
- Drop Ceiling
- Air Conditioning
1 1
Walk Score®
Very Walkable (74)
Property Taxes
| Parcel Number | 0364311000 | Total Assessment | $95,224 (2025) |
| Land Assessment | $17,028 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $78,196 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
0364311000
Land Assessment
$17,028 (2025)
Improvements Assessment
$78,196 (2025)
Total Assessment
$95,224 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Cartledge Building | 1101 Greene St
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