946 Millbrook AveAiken, SC 29803

Property Details for 946 Millbrook Ave

Year built

1987

Construction

WOOD

Lot size

0.33 AC

Property size (Sq ft)

3,840 SF

Property type

Office properties

Property subtype

Office buildings

APN

122-09-10-009

APU

1220910009

Description

This exceptional 500-square-foot special purpose building is ideally situated at 946 Millbrook Avenue in Aiken, South Carolina, zip code 29803. The property features a single tenant occupancy, making it an excellent investment opportunity for those seeking a low-maintenance, straightforward commercial holding. Located in Aiken County, this building presents a unique chance to acquire a well-positioned asset in a thriving South Carolina community. The property's precise configuration and current use are best determined through a site visit and review of available documentation. Given its single-suite layout, the building is particularly well-suited for a variety of specialized businesses requiring a compact, dedicated space. The address is easily accessible, offering convenient access for both employees and clients. Further details regarding the property's history, current lease terms, and potential future uses are available upon request. Interested parties are encouraged to conduct their own due diligence to fully assess the suitability of this property for their specific needs and investment strategy. This offering presents a rare opportunity to acquire a well-located, single-tenant special purpose building in Aiken, SC. The property's compact size and straightforward tenancy make it an attractive option for investors seeking a low-risk, manageable commercial investment.

• CAP approach

  CAP return

  Valuation

  6%

  $577,508

  6.5%

  $533,084

  7%

  $495,006

• Comparable approach

  Method

  Valuation

  Relative Method

  $280,975

  Geo Method

  $316,147

• Alternative Use

  Use

  Valuation

  Residential

  $661,024

  Hospitality

  $605,494

  Educational

  $503,764

  Medical

  $521,090

  Retail

  $783,633

Location Insight

City

Aiken

County

Aiken

State

South Carolina

Latitude

33.5217

Longitude

-81.7202

CBSA code

12260

CBSA name

AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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