1101 Sand Bar Ferry RdBeech Island, SC 29842

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

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.

• 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

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

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