733 Richland AveAiken, SC 29801

Property Details for 733 Richland Ave

Year built

1975

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.75 AC

Property size (Sq ft)

1,918 SF

Property type

Office buildings

APN

104-20-18-002

APU

1042018002

Description

This exceptional mixed-use property, located at 733 Richland Avenue in Aiken, South Carolina, presents a compelling investment opportunity. The building boasts a substantial 3,275 square feet of space, offering significant versatility for a variety of commercial ventures. Situated in the 29801 zip code, this property benefits from a convenient location within Aiken County. The asking price is $1,190,000. The property's classification as "Other" within the mixed-use category suggests a unique potential for creative business applications. Its size and location make it suitable for a range of uses, from retail and office space to a combination of both, or even a unique blend of commercial and residential elements, subject to local zoning regulations. The property's latitude and longitude coordinates are 33.5634192 and -81.7294711 respectively, allowing for easy location verification and mapping. Further due diligence is recommended to fully assess the property's potential and suitability for specific business plans. This is a rare opportunity to acquire a substantial mixed-use property in a desirable South Carolina location. Serious inquiries are encouraged to explore the possibilities this property offers. The property is ready for immediate occupancy and offers a strong foundation for a thriving business.

• CAP approach

  CAP return

  Valuation

  6%

  $326,913

  6.5%

  $301,766

  7%

  $280,212

• Comparable approach

  Method

  Valuation

  Relative Method

  $140,341

  Geo Method

  $157,909

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $646,589

  Retail / Commercial

  $321,294

  Mixed-Use / Specialty

  $312,052

  Hospitality / Lodging

  $218,402

  Institutional / Educational

  $321,515

  Residential Income

  $376,173

  Multifamily

  $496,044

  Automotive / Energy

  $275,585

  Parking / Income-Based Land

  $103,099

  Restaurant / Food Service

  $145,023

  Healthcare / Senior Housing

  $328,306

Location Insight

City

Aiken

County

Aiken

State

South Carolina

Latitude

33.5634

Longitude

-81.7294

CBSA code

12260

CBSA name

AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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