Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    North Augusta Land For Sale Title is generated by Realmo AI

    248 Osprey Point, North Augusta, SC 29841

    View on Map
    Claim this Listing
    For Sale
    $40,000

    LAND - North Augusta, SC

    Lot size:
    0.50 Acres
    Added:
    Jan 23, 2025
    Days on Market:
    498
    Last Refresh:
    Jun 5 at 3:06 pm

    Property Features for 248 Osprey Point

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.50 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Marcelo Andres Escanuela

    Listing agent Marcelo Andres Escanuela License #362969

    Listing office Dogwood Real Estate, LLC 4070 COLUMBIA ROAD, MARTINEZ, SC

    Listing date Jan 23, 2025

    MLS# 98223700 Listing URL

    Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prestigious Overlook section of the Rapids location.
    • .50‑acre lot suitable for a basement house plan.
    • Seconds from Savannah River views.
    • Rapids neighborhood amenities: tennis court, pool, clubhouse, and greenway access.
    • Easement on one side usable for driveway.
    • Conveniently located near North Augusta Greenway, Interstate 20, and downtown North Augusta.

    Overview

    Located in the Overlook section of the Rapids, this 0.50-acre property offers views of the Savannah River. The gently sloping lot is suitable for a basement house plan, with an easement on one side that can be used for a driveway. The Rapids neighborhood includes a tennis court, pool, clubhouse, and greenway access. The property is conveniently located close to the North Augusta Greenway walking trail and bike path, Interstate 20, and downtown North Augusta.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Gym & Fitness Center Kitchen & Bath Showroom Department Store Bar & Pub Grocery & Convenience Store Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Augusta
    County
    Aiken
    State
    South Carolina
    Longitude
    -81.997509
    Latitude
    33.520063

    Nearby Similar for Sale

    • $169,900
      1,750 SF

      North Augusta Commercial Opportunity

      Commercial property suitable for a roadside pub or sports bar.
      732 E Buena Vista Avenue, North Augusta, SC 29841
      View Details
    • $2,625,000
      29,197 SF

      Leased Townhome Portfolio in North Augusta

      Portfolio of 15 fully leased townhomes in North Augusta, SC.
      2 Teal Court, North Augusta, SC 29841
      View Details
    • $386,000
      3,095 SF

      North Augusta Four-Unit Income Property

      Fully leased four-unit property near downtown North Augusta, SC.
      308 Belvedere Clearwater Road, North Augusta, SC 29841
      View Details
    • $1,200,000
      6,380 SF

      Renovated Office Building in North Augusta

      Two-story office building in a rapidly expanding area.
      332 Edgefield Rd, North Augusta, SC 29841
      View Details
    • $9,999

      Prime Vacant Land Opportunity

      0.32-acre lot in North Augusta with storage building.
      317 Euclid Ave, North Augusta, SC 29841
      View Details
    • $149,900

      Commercial Tract on High-Traffic Highway

      1.5-acre commercial land ideal for retail or office.
      1611 Edgefield Road, North Augusta, SC 29860
      View Details
    • $63,000

      Golf Community Homesite Opportunity

      Homesite in golf/equestrian community with golf course and pond views.
      N-63 Eutaw Springs Trail lot: N-063, North Augusta, SC 29860
      View Details
    • $31,500

      North Augusta Cleared Building Lot

      Cleared building lot ready for construction near Interstate 520.
      Lamback Way, North Augusta, SC 29841
      View Details
    • $1,200,000
      6,380 SF

      Renovated Office Building in Belvedere

      Professionally managed, renovated office building in North Augusta's Belvedere area.
      332 Edgefield Road, North Augusta, SC 29841
      View Details
    • $1,200,000
      6,380 SF

      Professionally Managed Office Building

      Two-story office building in North Augusta with recent renovations.
      332 Edgefield Road, North Augusta, SC 29841
      View Details
    • $999,900
      1 SF

      North Augusta Land For Sale

      12.5 acre raw land with development potential in North Augusta.
      450 Bergen Road, North Augusta, SC 29860
      View Details
    • $24,900

      Residential Lot in North Augusta

      1.05-acre lot in established neighborhood, ready for your vision.
      122 Coventry Circle, North Augusta, SC 29860
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.50-acre property near Savannah River with neighborhood amenities.
    Where is this residential land & home lot located?
    The property is located at 248 Osprey Point North Augusta, SC.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: Prestigious Overlook section of the Rapids location.; .50‑acre lot suitable for a basement house plan.; Seconds from Savannah River views.
    (631) 766-2967
    We can help!
    Listing Contact
    Marcelo Andres Escanuela
    Real Estate License ID: 362969
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    248 Osprey Point, North Augusta, SC 29841
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!