40 views
1140 Druid Park Ave
1140 Druid Park Ave, Augusta, GA 30904
Available Now
40 views
1 / 2
FOR SALELand / Commercial
Lot Size
1.21AC
Zoning
R-3C
Currently Leased
No
Sale Type
Development Sale
Listing Contacts
Features & amenities
Location Amenities
Airport
Location
Loading map…
1140 Druid Park Ave
About the location
This prime development site in the medical district offers strong potential for student housing or multi-family projects. Multi-family properties in the area average $232,870 per unit, with a low vacancy rate of 4.3%. The property includes eight parcels zoned R-3C across 1.21 acres, with the option to assemble additional lots for a larger development. It is within walking distance of several university facilities, including the Medical College of Georgia and Augusta University, and is also close to the Augusta National Golf Club. Overall, this location presents an excellent opportunity for developers seeking student housing, multi-family investments, or corporate apartment accommodations during the golf tournament for enhanced returns.
Location highlights
- Zoned R-3C, permitting student housing, multi-family units, townhomes, or single-family homes.
- Student housing or multi-family development represents the highest and best use.
- Opportunity for assemblage of additional parcels to increase the project size.
- Located 4 miles from Augusta National Golf Club, host of the annual Masters Tournament.
- Total site size is 1.21 acres, encompassing 8 parcels along Druid Park, Emmett, and McAnally.
- Within walking distance of the Medical College of Georgia, Augusta University, Augusta University Medical Center, VA Medical Center, and Paine College.