3701 Richland AveAiken, SC 29801

Property Details for 3701 Richland Ave

Year built

1949

Construction

WOOD

Lot size

0.98 AC

Property size (Sq ft)

2,336 SF

Property type

Day care centers & nurseries

APN

087-19-04-002

APU

871904002

Description

This exceptional mixed-use property, located at 3701 Richland Avenue in Aiken, South Carolina, presents a unique investment opportunity. The property boasts a total of 2,336 square feet situated on a 9.7-square-foot lot. Its mixed-use zoning allows for a variety of commercial ventures, making it ideal for entrepreneurs seeking a versatile space. The property's address is in the 29801 zip code of Aiken County, South Carolina. The strategic location within Aiken offers excellent visibility and accessibility, providing potential for high foot traffic and customer engagement. This property is priced competitively at $350,000, representing a strong value proposition for investors seeking a foothold in the thriving Aiken commercial market. The substantial square footage provides ample space for diverse business operations, while the land size offers potential for expansion or future development. This is a rare opportunity to acquire a well-positioned mixed-use property in a desirable South Carolina location. Serious inquiries are encouraged to explore the full potential of this promising investment. The property's latitude and longitude coordinates are 33.5625612 and -81.7708241 respectively.

• CAP approach

  CAP return

  Valuation

  6%

  $343,412

  6.5%

  $316,996

  7%

  $294,354

• Comparable approach

  Method

  Valuation

  Relative Method

  $196,565

  Geo Method

  $221,171

• Alternative Use

  Use

  Valuation

  Residential

  $402,123

  Hospitality

  $368,342

  Educational

  $306,457

  Medical

  $316,996

  Retail

  $476,710

Location Insight

City

Aiken

County

Aiken

State

South Carolina

Latitude

33.5626

Longitude

-81.7708

CBSA code

12260

CBSA name

AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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