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Property: 2120 Martin Luther King Jr Blvd, Augusta, GA 30901
Prime infill lot located in a fastβgrowing section of Augusta surrounded by redevelopment and new construction activity. Perfect opportunity for builders, developers, or investors seeking a highβmargin project site in an appreciating corridor.
Lot Size: 7,405 sq ft (public record)
Zoning: Bβ1 mixed use (buyer to confirm specific permitted uses)
Taxes: Approximately $537 per year (Richmond County 2024 figures)
Utilities: In place; buyer to verify connections
COMPARABLE SALES & ACTIVE LISTINGS
1151β―Davidsonβ―Ln β Soldβ―$7,000β―(Septβ―2025)
1104β―Swansβ―Ln β Soldβ―$9,999β―(Julyβ―2025)
1003β―Kentβ―St β Soldβ―$15,000β―(Augβ―2025)
509β―Waltonβ―Way β
Activeβ―$75,000β―(premium downtown lot)
531β―Fairhopeβ―St β Activeβ―$27,000β―(smaller investorβarea lot)
225β―Trumanβ―Dr β Activeβ―$18,000β―(similarβsize lot nearβ―30901)
AREA ARV & VALUE INSIGHT
In zipβ―30901, New construction homes in the same expansion zone are consistently reselling betweenβ―$80,000β―andβ―$150,000+
VALUE HIGHLIGHTS
Positioned on one of Augustaβs most active redevelopment corridors
Ideal for residential infill, small commercial, or community redevelopment use
Utilities already present, saving future connection costs
Low property taxes and fast title processing for builder closing timelines
Located minutes from new construction clusters and rapidly appreciating neighborhoods
NEW BUILD COMPS β AUGUSTA 30901
507β―Fairhopeβ―St β 3β―bed,β―2β―bath,β―1,450β―sqβ―ftβ―ββ―soldβ―$245,000β―(2025). Modern infill new construction in the same redevelopment zone.
1227β―Millerβ―St β 3β―bed,β―3β―bath,β―1,797β―sqβ―ftβ―ββ―activeβ―$235,000β―(2025). Brandβnew build nearβ―MLβ―Kingβ―corridor with higherβend finishes and strong investor attraction.
1505β―Bleakleyβ―St β 3β―bed,β―2β―bath,β―1,204β―sqβ―ftβ―ββ―soldβ―$114,000β―(2025). Recent rehab used as a comparable for new construction appraisals nearby.
821β―1stβ―St β 2β―bed,β―1β―bath,β―909β―sqβ―ftβ―ββ―soldβ―$75,500β―(2025). Smallβlot infill home showing continued buyer demand in westβ―30901.
Laneyβ―Walkerβ―corridor β average medianβ―$108,000β―saleβ―(2025)β―for newly renovatedβ―3βbedroomβ―homes confirming strong absorption of updated inventory.
MARKET OUTLOOK
The Augusta market remains balanced throughβ―2025β―with average home values of approximatelyβ―$171,000β―andβ―new builds commandingβ―$220,000β―Β±β―$25,000β―forβ―3β―bed,β―2β―bathβ―homesβ―ofβ―1,300β1,700β―sqβ―ft. Despite price moderation, lot scarcity within the urban core keeps wellβpositioned parcels like this moving quickly. Pricing atβ―$9000 keeps you on the value side of the active range while aligning perfectly with current builder math and endβuser development budget
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