Renovated Two-Story Office
For Sale
$1,200,000
332 Edgefield Road, North Augusta, SC 29841
Commercial Sale, North Augusta, SC
Property Size6,380 SF
Lot Size0.81 Acres
Price / SF$188.09
Days on Market653
Property Features for 332 Edgefield Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
commercial
Window features
Insulated Windows
Interior features
Energy Efficient, Built-in Features, Cable Available, High Speed Internet, Cable Internet
Exterior features
Insulated Doors
Accessibility
Accessible Approach with Ramp
Directions
From I-20 east, exit 5, turn right on US-25 aka Edgefield Rd., in 3 miles property will be on the right just past Augusta/Clearwater Rd. with approx. 113' road frontage. 332 Edgefield Rd. North Augusta, SC
Subdivision
NE
Standard status
Active
APN
012-05-10-007 012-05-10-008
Size
6,380 SF
Lot size
0.81 Acres
Taxes and HOA fees
Tax Description
WEST SIDE GA AVE
Legal Description
WEST SIDE GA AVE
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air, Electric, Heat Pump
Water source
Public
Amenities
conference room
training room
break room
safe room
handicap accessible bathrooms
walk-in shower
high-speed fiber internet
energy efficient lighting
Building Details
Year built
1971
Floors in Building
2
Flooring type
Laminate, Vinyl
Building materials
Brick
Roof type
Metal
Additional Structures
Guest House
Listing Agency:
Amanda Real Estate Group, LLC
(803) 761-7173
Listed By:
Amanda T. Israel · License #SC67507
(803) 292-5202
Added: Nov 12, 2024
Changed: Aug 25
Last Checked: Aug 27 at 6:06PM
MLS# 214584
Copyright © 2026 Aiken Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 6,380-square-foot, two-story office building has an all-brick exterior and a recently updated interior. The layout includes five offices, a safe room, break room, two accessible bathrooms, conference and training rooms, three additional offices, two more bathrooms, and storage closets. A 100-foot porch, large front windows, and a double glass entry provide a defined arrival area. Improvements include new flooring, walls, ceilings, energy-efficient lighting, updated plumbing and electrical systems, four HVAC units, and a freshly painted exterior. High-speed fiber internet is ready for connection.
The property occupies two lots totaling 0.81 acre and includes an additional 670-square-foot vacant house at the rear. Main-road frontage measures 113 feet, with another 111 feet along the rear road. Daily traffic is reported at 20,400+, with access approximately 3 miles from I-20 and 1.5 miles from the 520 bypass. Public water, public sewer, a metal roof, and an accessible ramp are also included.
The property occupies two lots totaling 0.81 acre and includes an additional 670-square-foot vacant house at the rear. Main-road frontage measures 113 feet, with another 111 feet along the rear road. Daily traffic is reported at 20,400+, with access approximately 3 miles from I-20 and 1.5 miles from the 520 bypass. Public water, public sewer, a metal roof, and an accessible ramp are also included.
Key Highlights
- 6,380‑square‑foot heated office building on two levels
- 0.81‑acre property with an additional 670‑square‑foot vacant house
- 113 feet of main‑road frontage plus 111 feet of rear‑road frontage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$65,818
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,316,360
$1.3M
Cap Rate 7%
$940,257
$940.3K
Cap Rate 9%
$731,311
$731.3K
Market Conditions
NOI Build-Up for 6,380 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$95.7K $15.00/SF
− Vacancy
−$7.9K −$1.25/SF
EGI
$87.8K $13.76/SF
− OpEx
−$21.9K −$3.44/SF
NOI
$65.8K $10.32/SF
Area
Aiken County, SC
Vacancy
8.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,316,360
Cap Rate 7%
$940,257
Cap Rate 9%
$731,311
Alternative Uses
Best Use
Office B
$940.3K
$822.7K – $1.10M
NOI $65,818 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.08M – $1.43M
NOI $86,084 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
Explore this area
Business Placement
Demographics for 29841, SC
32,919
Population
16,474
Households
2
Avg Household Size
40
Median Age
32%
College-Educated
93%
High-School Grad
31.9 sq mi
ZIP Area
1,032
Density / Sq Mi
$72,811
Median Household Income
$46,447
Median Earnings
$1,050
Median Rent
$186,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - The property combines brick construction, updated interior finishes, on-site parking, and public water and sewer.
Where is this office building located?
The property is located at 332 Edgefield Road North Augusta, SC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 6,380‑square‑foot heated office building on two levels; 0.81‑acre property with an additional 670‑square‑foot vacant house; 113 feet of main‑road frontage plus 111 feet of rear‑road frontage
