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.
Description
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.
Listing Details
- Space Type
Land
- Sub Category
Commercial
- Sale Type
Development Sale
- Date Listed
12/8/2025
Property Specifics
- Property Name
1140 Druid Park Ave
- Lot Size
1.21 Ac
- Zoning
R-3C