5244 Festival Trail RdSalley, SC 29137

  • Industrial properties
  • 64,300 SF
For Sale
$2,350,000 View listing

Property Details for 5244 Festival Trail Rd

Year built
1970
Construction
METAL FRAME
Lot size
8.96 AC
Property size (Sq ft)
64,300 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
293-00-02-013
APU
2930002013

Description

This exceptional industrial property, located at 5244 Festival Trail Road in Salley, South Carolina, offers a unique opportunity. The 64,780-square-foot building sits on a 9-acre lot and features a flexible layout suitable for various industrial uses, including flex space, warehouse, and distribution. Currently, 35,000 square feet of warehouse space is available for lease, boasting three loading docks, one drive-in door, and ample office and restroom facilities. The ceiling height ranges from 18 to 22 feet, providing generous vertical space. The property also includes a substantial laydown yard of approximately 2 acres. A global light manufacturer currently occupies 30,000 square feet under a five-year lease, sharing access to the drive-in door. The property is zoned RUD in Aiken County (APN: 293-00-02-013) and benefits from a strategic location, approximately an hour from both Augusta and Columbia. The asking lease rate for the warehouse space is $3.95 per square foot, and the laydown yard is available for lease at $1500 per acre per month. NNN expenses for 2024 are estimated at $0.86 per square foot. This property presents a compelling investment opportunity with significant potential for growth and profitability. The property is also available for sale.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,068,710
    Hospitality
    $10,138,879
    Educational
    $8,435,428
    Medical
    $8,725,536
    Retail
    $13,121,777
5244 Festival Trail Rd, Salley, South Carolina

Location Insight

City
Salley
County
Aiken
State
South Carolina
Latitude
33.56
Longitude
-81.3043
CBSA code
12260
CBSA name
AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,719
$14,140
$30,560
$44,700
-
$235,620
$509,378
$744,998

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