1270 Edgefield HwyAiken, SC 29801

  • Retail properties
  • 468 SF
For Sale
$38,000 View listing

Property Details for 1270 Edgefield Hwy

Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.81 AC
Property size (Sq ft)
468 SF
Property type
Retail properties
Property subtype
Retail space
APN
103-20-05-006
APU
1032005006

Description

This exceptional commercial property, located at 1270 Edgefield Highway in Aiken, South Carolina, presents a unique investment opportunity. The property encompasses 468 square feet and is classified as both commercial and warehouse space, sitting on a land parcel. Situated in Aiken County, zip code 29801, this property offers convenient access to key transportation routes within the Aiken area. The asking price for this versatile property is $38,000. Its classification as land, industrial, and retail suggests a wide range of potential uses, making it an attractive prospect for entrepreneurs and investors alike. The property's location in Aiken, South Carolina, provides access to a growing market and a strong local economy. The 468 square feet of space offers a manageable footprint for a variety of businesses, from small-scale warehousing to retail operations or light industrial uses. Further investigation into zoning regulations and permitted uses is recommended to fully explore the potential of this property. This is an excellent opportunity to acquire a strategically located commercial property in a thriving South Carolina community. The property's relatively small size and affordable price point make it an ideal entry point for investors seeking a foothold in the Aiken commercial real estate market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $103,464
    6.5%
    $95,505
    7%
    $88,684
  • Comparable approach

    Method
    Valuation
    Relative Method
    $86,294
    Geo Method
    $97,097
  • Alternative Use

    Use
    Valuation
    Residential
    $80,562
    Hospitality
    $73,795
    Educational
    $61,396
    Medical
    $63,508
    Retail
    $95,505
1270 Edgefield Hwy, Aiken, South Carolina

Location Insight

City
Aiken
County
Aiken
State
South Carolina
Latitude
33.5902
Longitude
-81.7241
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
$397
$1,476
$165
$1,641
-
$36,450
$4,070
$40,520

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