Industrial Flex Building with
For Sale
Contact for pricing
10352 Atomic Rd, North Augusta, SC 29841
TC-zoned flex property combines customer-facing space with warehouse capacity and a loading ramp.
Property Size13,120 SF
Lot Size0.98 Acres
Price / SF$95.27
Days on Market152
Property Features for 10352 Atomic Rd
General Information
Standard status
Active
Size
13,120 SF
Class
C
Lot size
0.98 Acres
Property subtype
Industrial
Zoning
TC
Lease Type
NNN
Additional Details
Road Access
Yes
Building Details
Year Built
1977
Buildings
2
Listing Agency:
Meybohm Commercial
(706) 736-3375
Listed By:
Dustin Wright · License #GA 424883
Source:
Crexi
Added: Apr 2
Changed: Aug 30
Last Checked: Aug 30 at 8:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Meybohm Commercial
Investment Insights
Based on property information with market context.
This 13,120-square-foot flex property consists of two connected warehouse structures. The primary building provides approximately 5,000 square feet with offices, a showroom, kitchen, and storage rooms, along with approximately 4,600 square feet of warehouse area. An attached secondary structure contributes approximately 3,360 square feet for equipment storage, vehicle parking, or overflow inventory. A loading ramp supports freight handling, while the overall configuration accommodates both public-facing and operational functions.
The property occupies approximately 0.98 acres along Atomic Road, where traffic averages 5,000 vehicles per day. TC zoning, identified as Thoroughfare Commercial, supports a range of commercial and light industrial uses. I-520 is approximately two miles away, providing access toward the Augusta, GA metro area and the broader Central Savannah River Area. The building was constructed in 1977.
The property occupies approximately 0.98 acres along Atomic Road, where traffic averages 5,000 vehicles per day. TC zoning, identified as Thoroughfare Commercial, supports a range of commercial and light industrial uses. I-520 is approximately two miles away, providing access toward the Augusta, GA metro area and the broader Central Savannah River Area. The building was constructed in 1977.
Key Highlights
- 13,120 SF flex building across two connected warehouse structures
- Approximately 5,000 SF of offices, showroom, kitchen, storage, and warehouse space
- Attached secondary warehouse contains approximately 3,360 square feet
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
$79,419
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
6.35%
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%
$1,588,380
$1.6M
Cap Rate 7%
$1,134,557
$1.1M
Cap Rate 9%
$882,433
$882.4K
Market Conditions
NOI Build-Up for 13,120 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
$99.2K $7.56/SF
− Vacancy
−$5.8K −$0.44/SF
EGI
$93.4K $7.12/SF
− OpEx
−$14.0K −$1.07/SF
NOI
$79.4K $6.05/SF
Area
Aiken County, SC
Vacancy
5.80%
Lease Rate
$7.56 /SF/Yr
Expense Ratio
15.00%
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%
$1,588,380
Cap Rate 7%
$1,134,557
Cap Rate 9%
$882,433
Alternative Uses
Best Use
Warehouse
$1.13M
$992.7K – $1.32M
NOI $79,419 @ 7.0% cap · market cap 6.35%
Second Best
Industrial
$853.8K
$747.1K – $996.1K
NOI $59,766 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$2.53M
$2.21M – $2.95M
NOI $177,026 @ 7.0% cap · market cap 14.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
Under-served
Demand for This Use
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 Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - TC-zoned flex property combines customer-facing space with warehouse capacity and a loading ramp.
Where is this flex space located?
The property is located at 10352 Atomic Rd North Augusta, SC.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 13,120 SF flex building across two connected warehouse structures; Approximately 5,000 SF of offices, showroom, kitchen, storage, and warehouse space; Attached secondary warehouse contains approximately 3,360 square feet
