Address: 3270 Deans Bridge Rd, Augusta, GA 30906, USA
Created date: January 30, 2024
Date last updated: September 3, 2024
- 135 townhome units approved for site
- High Traffic Count 36k daily
- 966 ft of frontage on Deans Bridge rd
- Close to Ft Eisenhower
- Close to Augusta Tech Campus
Property Description
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 $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.