5979 Jefferson Davis HwyNorth Augusta, SC 29841

  • Retail properties
  • 20,320 SF
For Sale

Property Details for 5979 Jefferson Davis Hwy

Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Property size (Sq ft)
20,320 SF
Property type
Retail properties
Property subtype
Outlet malls
APN
013-17-14-001
APU
131714001

Description

This exceptional 103,000 square foot building presents a unique investment opportunity in North Augusta, South Carolina. Located at 5979 Jefferson Davis Hwy, zip code 29841, this single-tenant property sits on a substantial 18-acre lot. The building's zoning is commercial, allowing for a wide range of potential uses. Currently vacant, this expansive space offers significant flexibility for a variety of businesses. The property's classification includes retail, industrial, and special purpose designations, reflecting its adaptability. The building is a single-story structure, offering convenient access and layout. Its previous use as a K-Mart and its refrigerated/cold storage subtype suggest potential for businesses requiring climate-controlled environments. The property's location in the North Augusta submarket of Aiken County provides excellent access to transportation routes and a growing community. This is a rare opportunity to acquire a large, versatile property with significant potential for redevelopment or adaptation to a new tenant's specific needs. The substantial land acreage provides ample room for expansion or additional development. Serious inquiries are encouraged to explore the possibilities of this prime commercial real estate offering.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,492,287
    6.5%
    $4,146,726
    7%
    $3,850,532
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,746,798
    Geo Method
    $4,215,823
  • Alternative Use

    Use
    Valuation
    Residential
    $3,497,919
    Hospitality
    $3,204,075
    Educational
    $2,665,753
    Medical
    $2,757,432
    Retail
    $4,146,726
5979 Jefferson Davis Hwy, North Augusta, South Carolina

Location Insight

City
North Augusta
County
Aiken
State
South Carolina
Latitude
33.483
Longitude
-81.9441
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
$14,903
-
$60,500
$60,500
-
-
$1,116,180
$1,116,180

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