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2 Milledge Rd, Augusta, GA 30904

Lat/Long: 33.493774, -81.997531 Elevation: 50.63 meters

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Site Name

2 Milledge Rd, Augusta, Ga 30904

Current Infrastructure

Cell Towers

SiteBid ID #

504056

Published Date

May 10, 2024

Modified Date

May 10, 2024

Data Accuracy

0.000

Site Description

2 Milledge Rd, Augusta, Ga 30904 is a Special Purpose property with a cell tower antenna structure. The site offers a 90169 sqft lot area and has a Richmond County APN # of 272001000. See the wireless lease estimate for this site and search for cell towers nearby.

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Site Name

2 Milledge Rd, Augusta, Ga 30904

Address

2 Milledge Rd

County of Record

Richmond County

City

State / Province

Zip Code

Latitude:

Longitude:

Country

United States

Parcel # (APN)

272001000

Metro Area (MSA)

Augusta-Richmond County, Ga-Sc

FIPS Code

13,245

Census Tract

13,245,000,200

Zoning

R-2

Census Data

The property located at 2 Milledge Rd is situated in Richmond County, Georgia and has a block FIPS # of 132450002002007. Here is the most recent census data from the 2020 US Census report:

Block FIPS: 132450002002007

County FIPS: 13245

County Name: Richmond County

State FIPS: 13

State Name: Georgia

Block Population (2020): 51

AMT: AMT003

BEA: BEA027
BTA: BTA026
CMA: CMA108
EAG: EAG003
IVM: IVM108
MEA: MEA008
MTA: MTA011
PEA: PEA105
REA: REA002
RPC: RPC002
VPC: VPC003

Lot Area

90,169.00sq. ft.

# of Buildings

1

Building Area

1,297sq. ft.

Stories

1

Year Built

1,998

Year Renovated

1,998

Technology & Infrastructure

All Sites, Microwaves

Utility Information

Utility Company: Georgia Power Co
Company ID: 7140
Residential Rate: $0.116/kWh
Commercial Rate: $0.0929/kWh
Industrial Rate: $0.0572/kWh

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Utility Lease Market Valuation Analysis

Cash Flow Analysis

Net Income

Cap Rate Range (%)

Market Lease Comparables

Sale Value Range ($)

Estimated Utility Lease Rates

Estimated Utility Lease Sale Valuation

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Infrastructure Investors are actively purchasing fee simple real estate, leases, and easements on properties with active utility leases from tier-1 tenants (AT&T, Verizon, T-Mobile, etc.). Depending on the terms of the lease, the lease buyout valuations can range drastically between 16x-20x the annual lease rate for lump-sum payments and 18x-25x for structured payments.