101 Edgewood DrNorth Augusta, SC 29841

  • Retail properties
  • 106,554 SF
For Lease
$5/SF/YR View listing

Property Details for 101 Edgewood Dr

Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
20.13 AC
Property size (Sq ft)
106,554 SF
Property type
Retail properties
Property subtype
Strip malls
APN
006-12-05-001
APU
61205001

Description

Edgewood Square, a 228,204 square foot shopping center in North Augusta, South Carolina, presents a prime retail investment opportunity. Located in Aiken County, a thriving area experiencing significant economic growth fueled by recent investments from companies like Bridgestone and the Savannah River Site, this property benefits from its strategic position within the Augusta, GA metropolitan area and the Central Savannah River Area (CSRA). Currently undergoing redevelopment, Edgewood Square boasts a strong anchor tenant lineup including a new Hobby Lobby and Tractor Supply. The center offers multiple tenancy options with spaces ranging from a minimum of 1,000 square feet to a maximum contiguous space of 50,285 square feet, with 83,478 square feet currently vacant. High daily traffic counts of 28,100 vehicles on Edgefield Road ensure excellent visibility and accessibility. The property's location along Edgefield Road positions it to capitalize on future growth in the area. New retailers are expected to join the project in the fourth quarter of 2024. This is an exceptional chance to secure retail space in a rapidly developing market within one of South Carolina's most dynamic counties. Aiken County's strong job market and appeal to baby boomers further enhance the property's long-term potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $23,556,652
    6.5%
    $21,744,602
    7%
    $20,191,416
  • Comparable approach

    Method
    Valuation
    Relative Method
    $19,647,460
    Geo Method
    $22,106,928
  • Alternative Use

    Use
    Valuation
    Residential
    $18,342,384
    Hospitality
    $16,801,526
    Educational
    $13,978,672
    Medical
    $14,459,420
    Retail
    $21,744,602
101 Edgewood Dr, North Augusta, South Carolina

Location Insight

City
North Augusta
County
Aiken
State
South Carolina
Latitude
33.5267
Longitude
-81.9528
CBSA code
12260
CBSA name
AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$106,617
$135,880
$309,940
$445,820
-
$2,264,630
$5,165,640
$7,430,270

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].