Automotive Shop with Rental
1347 Edgefield Hwy Aiken, SC 29801
New
For Sale
$335,000
Nearly an acre commercial lot featuring a two-bay autobody shop, detached office, and multiple rented homes.
Property Size1,200 SF
Price / SF$279.17
Days on Market3
Property Features for 1347 Edgefield Hwy
General Information
Standard status
Active
Size
1,200 SF
Building Details
Year Built
1954
Listing Agency:
Keller Williams Palmetto
(803) 722-1900
Listed By:
Carl Vollmer · License #101960
Source:
Vandermorganrealty
Added: Jul 26
Changed: Jul 27
Last Checked: Jul 27 at 4:26AM
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 Keller Williams Palmetto
Investment Insights
Based on property information with market context.
This property is a nearly acre commercial lot with mixed-use components. The front portion includes a two-bay autobody shop and a detached office, with lifts included. At the back of the property, there are two mobile homes that are currently rented at $700 per month each. Additional structures include two brick houses that have been gutted, with floors, kitchens, and bathrooms still needed.
The site offers 140 feet of road frontage on Edgefield Highway. The property is zoned urban development and is currently operating as a mixed-use setup.
With its combination of an operating automotive shop, detached office space with lifts, and existing rental income from the mobile homes, the property presents multiple on-site income and use components under one ownership.
The site offers 140 feet of road frontage on Edgefield Highway. The property is zoned urban development and is currently operating as a mixed-use setup.
With its combination of an operating automotive shop, detached office space with lifts, and existing rental income from the mobile homes, the property presents multiple on-site income and use components under one ownership.
Key Highlights
- Nearly an acre commercial lot in Aiken with 140 ft of road frontage on Edgefield Highway
- Zoned urban development; currently set up as a mixed‑use property
- Two‑bay autobody shop on the front of the property with detached office and lifts included
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.3k | $14.40 |
| − Vacancy | −$726 | −$0.60 |
| EGI | $16.6k | $13.80 |
| − OpEx | −$5.0k | −$4.14 |
| NOI | $11.6k | $9.66 |
1,200 SF · lease $14.40/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$165.5K
$144.9K – $193.1K
NOI $11,588 @ 7.0% cap · market cap 3.46%
Second Best
Industrial
$78.1K
$68.3K – $91.1K
NOI $5,466 @ 7.0% cap · market cap 1.63%
Theoretical Best
Office A
$231.3K
$202.4K – $269.9K
NOI $16,191 @ 7.0% cap · market cap 4.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Krueger Auto Clinic LLC — 174 shiloh heights rd, aiken, sc 29801
- Jason Auto Repair — 1347 Edgefield Hwy, Aiken, SC 29801
- El Amigo Tires II — 1333 Edgefield Hwy, Aiken, SC 29801
- 19 Auto & Transmissions — 1347 Edgefield Hwy, Aiken, SC 29801
- Southside Automotive Sales and Services — 1355 Edgefield Hwy, Aiken, SC 29801
Frequently Asked Questions
What type of property is this?
Auto shop - Nearly an acre commercial lot featuring a two-bay autobody shop, detached office, and multiple rented homes.
Where is this auto shop located?
The property is located at 1347 Edgefield Hwy Aiken, SC.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Nearly an acre commercial lot in Aiken with 140 ft of road frontage on Edgefield Highway; Zoned urban development; currently set up as a mixed‑use property; Two‑bay autobody shop on the front of the property with detached office and lifts included
