871 Edgefield RdNorth Augusta, SC 29841

Property Details for 871 Edgefield Rd

Year built

2000

Construction

WOOD

Lot size

5.54 AC

Property size (Sq ft)

240 SF

Property type

Office buildings

APN

011-11-01-001

APU

111101001

Description

This exceptional commercial land offering presents a unique investment opportunity in the thriving North Augusta, South Carolina market. Located at 871 Edgefield Rd, 29841, Aiken County, this property comprises two strategically positioned parcels totaling 7.63 acres. One parcel, situated along Edgefield Road, encompasses 2.95 acres, while the second, bordering Ascauga Lake Road, offers 4.68 acres. Both parcels boast high visibility and accessibility, directly adjacent to the soon-to-open Parker’s Kitchen. This prime location ensures significant exposure to a substantial customer base. The property's versatility is further enhanced by its potential for subdivision into smaller, more manageable parcels, catering to a wider range of development needs and investment strategies. The asking price for this combined land holding is $850,000, representing a compelling entry point into the dynamic North Augusta commercial real estate market. With its strategic location, flexible parcel sizes, and proximity to a new commercial establishment, this property presents a rare opportunity for significant return on investment. The latitude and longitude coordinates are 33.5541169, -81.9333623 respectively.

• CAP approach

  CAP return

  Valuation

  6%

  $40,906.80

  6.5%

  $37,760.10

  7%

  $35,063

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,560.90

  Geo Method

  $19,759.20

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $80,907.90

  Retail / Commercial

  $40,203.60

  Mixed-Use / Specialty

  $39,047.20

  Hospitality / Lodging

  $27,328.80

  Institutional / Educational

  $40,231.30

  Residential Income

  $47,070.60

  Multifamily

  $62,070.10

  Automotive / Energy

  $34,484

  Parking / Income-Based Land

  $12,900.90

  Restaurant / Food Service

  $18,146.70

  Healthcare / Senior Housing

  $41,081.10

Location Insight

City

North Augusta

County

Aiken

State

South Carolina

Latitude

33.554

Longitude

-81.9334

CBSA code

12260

CBSA name

AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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