720 Augusta StGreenville, SC 29605

Property Details for 720 Augusta St

Lot size

0.14 AC

Zone code

C3

Property type

Grocery and convenience stores

APN

0095.00-01-014.00

APU

95000101400

Description

This exceptional mixed-use investment opportunity encompasses three buildings totaling 10,700 square feet situated on a 0.633-acre lot in the vibrant Greenville, South Carolina market. The property, located at 720, 716, and 714 Augusta Street, is zoned MX-2 Mixed Use, offering significant development potential. The buildings currently provide a blend of retail and multifamily spaces, presenting a strong foundation for future growth. Ten on-site parking spaces cater to tenants and customers. The convenient location places the property just five minutes from downtown Greenville and enjoys proximity to the University Square area, a burgeoning hub of activity. This prime location benefits from the positive impact of a nearby $1 billion mixed-use development project, promising continued growth and increased property value. The property's three separate parcels are identified by the following APN numbers: 0095000101400

• CAP approach

  CAP return

  Valuation

  6%

  $1,717,376

  6.5%

  $1,585,270

  7%

  $1,472,037

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,274,291

  Geo Method

  $1,274,291

• Alternative Use

  Use

  Valuation

  Residential

  $1,337,235

  Hospitality

  $1,224,900

  Educational

  $1,019,102

  Medical

  $1,054,151

  Retail

  $1,585,270

Location Insight

City

Greenville

County

Greenville

State

South Carolina

Latitude

34.8354

Longitude

-82.4059

CBSA code

24860

CBSA name

GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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