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Buy Now Price: $144k

Asking: $140k

ARV: $360k

Property Highlights: Single Family + Vacant Lot on 6 ACRES

3 Bed | 2 Bath |~3,180 Sqft | Built 1995

Construction: Stucco

Foundation: Crawlspace

Occupancy: Vacant

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Investor Insight:

** This 6-acre off-market opportunity in Augusta presents a rare combination of scale, flexibility, and upside at an attractive basis. With two contiguous parcels, existing infrastructure, and a rebuild scenario priced well below replacement cost, this deal is best suited for builders, developers, and land-focused investors seeking margin and optionality.

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REDEVELOPMENT UPSIDE:

• Rebuild or New Construction: Projected ARV of ~$360,000+ ARV supports a strong margin even with conservative construction assumptions.

• Dual-Parcel Optionality: Hold one parcel while developing the other, or explore subdivision / redevelopment strategies subject to zoning.

• Estate or Luxury Rural Build: 6 acres allows for privacy-driven end buyers, a growing demand segment.

• Land Banking Play: Hold acreage as Augusta continues steady residential expansion.

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REHAB NOTES:

• Condition: Fire-damaged – full rebuild required

• Existing concrete slab remains intact

• Full demo/cleanup already largely completed

~POOL HOUSE / ACCESSORY STRUCTURE

• Pool house present intact and on site

• Rebuild as guest house / office / storage

~LAND NOTES:

• Parcels are cleared and vacant

Summary: Fire-damaged home requires full rebuild. Existing slab intact (possible cost savings). Vacant, cleared site with prior utilities and a pool house. 

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Comparable Sales:

Comp #1: Vacant lot | 1.62 Acres – Sold for $26,500

4654 / 4656 Mike Padgett Hwy, Augusta, GA 30906

Comp #2: Vacant lot | 2.3 Acres – Sold for $69,000

3726 Byrd Road, Augusta, GA 30906 

Comp #3: Vacant lot | 0.46 Acres – Sold for $18,750

2538 Richmond Hill Rd, Augusta, GA 30906 

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Access & Closing Info: Viewings by appointment only. 

Contract is for Assignment ( you can secure this deal with EMD and an assignment.) 

EMD: $5000

Closing: On or before January 5th

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Resources:

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