801 Pine Log RdAiken, SC 29803
- Retail properties
- 2,409 SF
Property Details for 801 Pine Log Rd
- Year built
- 1974
- Construction
- WOOD
- Lot size
- 2.59 AC
- Property size (Sq ft)
- 2,409 SF
- Zone code
- UD
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- 122-07-09-003
- APU
- 1220709003
Description
This exceptional 2.59-acre commercial land parcel in Aiken, South Carolina, presents a compelling investment opportunity. Located at 801 E Pine Log Rd, Aiken, SC 29803, this property boasts 344 feet of frontage on a major thoroughfare with a high daily traffic count of 27,400 vehicles. The property is zoned UD (Urban Development) in Aiken County and includes a 3,309 square foot, two-story building, previously used as a restaurant. This existing structure offers potential for redevelopment or repurposing, complementing new construction. The site features two existing curb cuts providing convenient access. While not currently annexed into the City of Aiken, sewer service is readily accessible, with the city sewer line located just 300 feet away on Bolton Ct. Water service is available on the property. The property's strategic location across from Bolton Court and near several established businesses, including Subway and La Laguna Mexican Restaurant, ensures high visibility and potential for strong tenant attraction. This prime location in Aiken, a thriving city known for its horse racing and proximity to the Savannah River Site, offers significant development potential for various commercial uses, including quick-service restaurants (QSR), gas stations, medical facilities, or retail establishments. The asking price is $834,930. The APN is 122-07-09-003. This is a rare opportunity to acquire a substantial commercial property in a high-growth area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $532,575
- 6.5%
- $491,608
- 7%
- $456,493
-
Comparable approach
- Method
- Valuation
- Relative Method
- $444,195
- Geo Method
- $499,799
-
Alternative Use
- Use
- Valuation
- Residential
- $414,689
- Hospitality
- $379,853
- Educational
- $316,033
- Medical
- $326,902
- Retail
- $491,608
Location Insight
- City
- Aiken
- County
- Aiken
- State
- South Carolina
- Latitude
- 33.5328
- Longitude
- -81.6992
- CBSA code
- 12260
- CBSA name
- AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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