Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Graniteville Commercial Opportunity Title is generated by Realmo AI

    48 Bettis Academy Road, Graniteville, SC 29829

    View on Map
    Claim this Listing
    For Sale
    $2,250,000

    Prime commercial land in a high-traffic Graniteville location.

    Added:
    Jan 26, 2022
    Days on Market:
    1589
    Last Refresh:
    May 13 at 8:45 pm

    Property Features for 48 Bettis Academy Road

    General Information

    Standard status
    Active
    Property subtype
    Other

    Building Details

    Year Built
    2022

    We can help!

    Listing Contact
    Michael Woodward

    Listing agent Michael Woodward

    Listing office Woodward & Associates

    Listing date Jan 26, 2022

    Source Xome

    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 Woodward & Associates

    HighLights

    • Strategic location in a high‑traffic area with excellent visibility and accessibility.
    • Ample on‑site parking for staff and customers.
    • Generous interior space offering versatility for various commercial ventures.
    • Proximity to major highways and transportation hubs for streamlined distribution.
    • Located in Graniteville, a dynamic and thriving community.
    • Built in 2022.

    Overview

    Located at 48 Bettis Academy Rd. in Graniteville, SC, this commercial property offers a strategic location in a high-traffic area, providing excellent visibility and accessibility. The property includes ample parking space on-site for staff and customers. Graniteville is a thriving community with a steady flow of potential customers and business opportunities. The property's proximity to major highways and transportation hubs facilitates distribution and access to regional markets, making it an ideal investment for businesses.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Department Store Skin Care Clinic Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Graniteville
    County
    Aiken
    State
    South Carolina
    Longitude
    -81.834831
    Latitude
    33.574379

    Nearby Similar for Sale

    • $585,000
      2,220 SF

      Graniteville Commercial Property For Sale

      High-visibility commercial property with towing business and U-Haul rental.
      29 Sudlow Lake Road, Graniteville, SC 29829
      View Details
    • $275,000

      Graniteville Land with Development Potential

      6-acre Graniteville land parcel suitable for residential development.
      150 Ridgecrest Road, Graniteville, SC 29829
      View Details
    • $359,320
      2,334 SF

      New Construction Duplex in Graniteville

      New construction duplex with 5 bedrooms and HOA lawn maintenance.
      815 Feldspar Manor, Graniteville, SC 29829
      View Details
    • $359,320
      2,352 SF

      New Construction Dual Living Opportunity

      New construction property with dual living spaces and income potential.
      815 Feldspar Manor, Graniteville, SC 29829
      View Details
    • $30,000

      Graniteville Land in Golf Community

      1.19-acre lot in Midland Valley Country Club, Graniteville, SC.
      Bland Circle, Graniteville, SC 29829
      View Details
    • $1,250,000

      Graniteville Land For Sale

      7.07 acres of commercial land in booming Bettis Academy.
      691 Bettis Academy Road, Graniteville, SC 29829
      View Details
    • $55,000

      Residential Lot Overlooking Golf Course

      Residential lot in established neighborhood with golf course views.
      Birdie Place lot: 2, Graniteville, SC 29829
      View Details
    • $1,150,000

      Industrial Land Near Interstate I-20

      36.75 acres of industrial land, water and sewer available.
      1100 Bettis Academy Rd, Graniteville, SC 29829
      View Details
    • $1,750,000

      Graniteville Land For Sale

      Land available with utilities and stormwater detention in place.
      550 Bettis Academy Rd, Graniteville, SC
      View Details
    • $40,000

      Residential Lot in Graniteville, SC

      0.93 acre residential lot with buildable area available.
      Sudlow Lane, Graniteville, SC 29829
      View Details
    • $39,500

      Residential Lot in Graniteville, SC

      0.93 acre residential parcel with buildable area available.
      Sudlow Lane, Graniteville, SC 29829
      View Details
    • $13,000

      Residential Land in Graniteville, SC

      Residential land for sale in Graniteville, South Carolina.
      125 Sudlow Lake Road, Graniteville, SC 29829
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime commercial land in a high-traffic Graniteville location.
    Where is this commercial land located?
    The property is located at 48 Bettis Academy Road Graniteville, SC.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: Strategic location in a high‑traffic area with excellent visibility and accessibility.; Ample on‑site parking for staff and customers.; Generous interior space offering versatility for various commercial ventures.
    (803) 442-9099
    We can help!
    Listing Contact
    Michael Woodward
    Learn More
    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
    48 Bettis Academy Road, Graniteville, SC 29829
    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!