7736 Augusta RdPiedmont, SC 29673

Property Details for 7736 Augusta Rd

Lot size

8.20 AC

Zone code

UNZONED

Property type

Strip malls

Property subtype

Neighborhood centers

APN

0602.01-01-004.01

APU

602010100401

Description

This exceptional retail opportunity encompasses a 22,940 square foot strip center situated on an 8.2-acre lot in the thriving Piedmont, South Carolina market. The property boasts two single-story buildings, offering a total of 168 parking spaces for ample customer convenience. Currently, there are three suites available, with a minimum divisible space of 1,220 square feet and a total of 3,720 square feet currently vacant, providing flexibility for various retail concepts. The property is strategically located along Highway 25 (Augusta Road), a high-traffic corridor benefiting from a significant industrial presence and several nearby development projects. A prominent monument sign ensures excellent visibility for tenants. The property's address is 7736 - 7740 Augusta Road, and its Greenville County APN is 0602.01-01-004.01. This prime location offers high visibility and accessibility, making it an ideal investment for businesses seeking to establish or expand their presence in a dynamic and growing area. The flexible suite sizes allow for customization to meet individual tenant needs. The ample parking ensures a comfortable shopping experience for customers. This property presents a rare opportunity to secure retail space in a high-demand location with excellent visibility and accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $123,376,208

  6.5%

  $113,885,736

  7%

  $105,751,040

• Comparable approach

  Method

  Valuation

  Relative Method

  $74,116,328

  Geo Method

  $74,116,328

• Alternative Use

  Use

  Valuation

  Residential

  $96,066,880

  Hospitality

  $87,996,744

  Educational

  $73,212,256

  Medical

  $75,730,136

  Retail

  $113,885,736

Location Insight

City

Piedmont

County

Greenville

State

South Carolina

Latitude

34.7138

Longitude

-82.3901

CBSA code

24860

CBSA name

GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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