345 Hayne AveAiken, SC 29801

Property Details for 345 Hayne Ave

Year built

1945

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.08 AC

Property size (Sq ft)

3,225 SF

Property type

Retail space

APN

105-28-07-006

APU

1052807006

Description

This exceptional 1,770-square-foot special purpose property, located at 345 Hayne Avenue in Aiken County, presents a unique investment opportunity. The building features a single tenant occupancy, offering streamlined management and potential for long-term stability. Its special purpose designation suggests a versatile use, adaptable to a range of businesses or specialized operations. The property's size is ideal for a variety of applications, providing ample space for operations and potential expansion. The single-suite configuration simplifies management and maintenance, minimizing operational complexities. Situated in Aiken County, the property benefits from the area's established infrastructure and local market dynamics. This property is an excellent choice for investors seeking a low-maintenance, single-tenant asset with potential for strong returns. Further due diligence is recommended to fully assess the property's suitability for specific business needs and investment strategies. The property's special purpose nature requires careful consideration of zoning regulations and permitted uses. Interested parties should conduct thorough research to ensure compliance with all applicable local ordinances and regulations. This offering presents a compelling opportunity for those seeking a unique and potentially lucrative investment in Aiken County. The property's single-tenant occupancy minimizes vacancy risks, providing a degree of predictability in cash flow. The 1,770 square feet offer a substantial footprint for a variety of potential uses.

• CAP approach

  CAP return

  Valuation

  6%

  $712,974

  6.5%

  $658,130

  7%

  $611,120

• Comparable approach

  Method

  Valuation

  Relative Method

  $594,657

  Geo Method

  $669,096

• Alternative Use

  Use

  Valuation

  Residential

  $555,157

  Hospitality

  $508,521

  Educational

  $423,083

  Medical

  $437,634

  Retail

  $658,130

Location Insight

City

Aiken

County

Aiken

State

South Carolina

Latitude

33.5603

Longitude

-81.7243

CBSA code

12260

CBSA name

AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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