1101 Sand Bar Ferry RdBeech Island, SC 29842

  • Retail properties
  • 1,700 SF
For Sale
$240,000 View listing

Property Details for 1101 Sand Bar Ferry Rd

Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.57 AC
Property size (Sq ft)
1,700 SF
Property type
Retail properties
Property subtype
Auto shops
APN
026-10-01-008
APU
261001008

Description

This exceptional investment opportunity presents a vacant, 2,964 square foot retail property situated on a 3.46-acre lot in Beech Island, South Carolina. The property, built in 1978 and classified as Class C, features a main building previously used as an auto repair shop, complete with two car lifts and multiple roll-up doors. An additional building, formerly used as office space, is currently a shell and requires substantial repairs. The combined structures sit on a larger parcel with some undeveloped land, offering potential for expansion or redevelopment. The property is conveniently located at 1101 Sand Bar Ferry Rd, less than a third of a mile from the Savannah River, in a commercially zoned area (APN: 026-10-01-007). The asking price is $240,000, translating to $80.97 per square foot. This is a single-unit property with a vacant tenancy, presenting a unique chance for investors to secure a prime location with significant upside potential. The property's strategic location and ample land offer a variety of potential uses, making it an attractive investment for those seeking a high-return opportunity in a growing market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $375,831
    6.5%
    $346,921
    7%
    $322,141
  • Comparable approach

    Method
    Valuation
    Relative Method
    $313,462
    Geo Method
    $352,702
  • Alternative Use

    Use
    Valuation
    Residential
    $292,641
    Hospitality
    $268,057
    Educational
    $223,021
    Medical
    $230,691
    Retail
    $346,921
1101 Sand Bar Ferry Rd, Beech Island, South Carolina

Location Insight

City
Beech Island
County
Aiken
State
South Carolina
Latitude
33.4394
Longitude
-81.9049
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
$430
$310
$1,320
$1,630
-
$5,130
$22,040
$27,170

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