Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Gregg Hwy Aiken, SC 29801

    View on Map
    Sponsored
    For Sale
    $350,000

    LAND - Aiken, SC

    Lot size:
    10.00 Acres
    Days on Market:
    23
    Last Refresh:
    Mar 15 at 2:06 pm

    Property Features for Gregg Hwy

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    087-18-08-008
    Lot size
    10.00 Acres

    We can help!

    Listing Contact
    Karen A Daly

    Meybohm Commercial Properties (803) 649-9120

    Listing agent Karen A Daly (803) 215-1082

    Listing date Feb 20, 2026

    MLS# 200024

    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.

    Learn more

    Property Insight Report

    Overview

    Aiken Land Ideal for Development

    This 10-acre tract of land is located on Aiken's west side. The parcel is ideal for townhomes, multi-family, or an office complex. Situated off Richland Avenue, a growing corridor with 20,000 vehicles per day, and Gregg Highway with 4,700 vehicles per day, the property is close to amenities, including Walmart, Sam's Club, USC Aiken, and Aiken Regional Hospital, and is only minutes from downtown. Utilities are available at the site. Currently zoned for Office in the City of Aiken, buyers should consult with the City of Aiken Planning Department to understand the zoning requirements and applications for development outside of this use. The property has been previously approved for multi-family development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Aiken
    County
    Aiken
    State
    South Carolina
    Longitude
    -81.771641
    Latitude
    33.564502

    Nearby Similar for Sale

    • $750,000
      6,464 SF

      Aiken Office Building For Sale

      Mid-century office building with redevelopment potential in historic Aiken.
      120 Morgan St NW, Aiken, SC 29801
      View Details
    • $585,000
      3,894 SF

      Aiken Office Space For Sale

      Office space in high-traffic, visible area with multiple options.
      1314 Pine Log Rd, Aiken, SC 29803
      View Details
    • $839,900
      1,500 SF

      Downtown Aiken Commercial Office Space

      Prime 1,500 sq ft office space in downtown Aiken.
      149 Chesterfield St S, Aiken, SC 29801
      View Details
    • $355,000
      1,214 SF

      Prime Commercial Property in Aiken

      Highly visible commercial property with flexible retail or office space.
      877 Dougherty Rd, Aiken, SC 29803
      View Details
    • $1,699,000
      4,125 SF

      Historic Aiken Bed & Breakfast

      Landmark bed and breakfast with cottages and event venue.
      3083 Charleston Hwy, Aiken, SC 29801
      View Details
    • $1,699,000
      4,125 SF

      Historic Bed & Breakfast Landmark

      Charming B&B with cottages, pool, and event venue.
      3083 Charleston Hwy, Aiken, SC 29801
      View Details
    • New
      $244,900
      Pending

      Aiken Commercial Property on Newberry

      Commercial property in downtown Aiken suitable for various business uses.
      333 NW Newberry St, Aiken, SC 29801
      View Details
    • New
      $244,900
      1,204 SF

      Aiken Commercial Property For Sale

      Commercial property in downtown Aiken with high visibility and accessibility.
      333 Newberry St NW, Aiken, SC 29801
      View Details
    • $575,000
      3,500 SF

      Aiken Mixed-Use Investment Opportunity

      2.8 acres with multiple income-producing properties in Aiken, SC.
      25 Augusta Rd, Aiken, SC 29801
      View Details
    • New
      $1,049,900
      Pending

      Aiken Gated Estate on 45 Acres

      Magnificent 45-acre gated estate in the heart of Aiken.
      1164 Arbutus Hills Dr, Aiken, SC 29801
      View Details
    • $359,900
      3,553 SF

      Aiken Investment Property with Income

      Multi-unit investment property in Southside Aiken with income potential.
      2046 Garnet Ln, Aiken, SC 29803
      View Details
    • New
      $250,000
      Pending

      Versatile Multi-Use Property on Acreage

      Income-producing property with potential for retail, restaurant, or event venue.
      144 Good Springs Rd, Aiken, SC 29801
      View Details

    FAQs

    What type of property is this?
    Commercial land - 10-acre tract suitable for townhomes, multi-family, or office complex.
    Where is this commercial land located?
    The property is located at Gregg Hwy Aiken, SC.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Prime 10-acre development tract on Aiken's west side.; - High traffic location on Gregg Hwy, off Richland Ave (20,000 VPD).; - Zoned for Office in the City of Aiken, previously approved for multi-family development.
    (803) 215-1082
    Request Owner's contact information
    Gregg Hwy Aiken, SC 29801
    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.
    Gregg Hwy
    Aiken, SC 29801
    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
    Gregg Hwy Aiken, SC 29801
    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

    We can help!
    Listing Contact
    Karen A Daly
    Real Estate License ID: SC97250
    (803) 215-1082 (803) 649-8103
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!