Gas Station with Pump
New
For Sale
$229,000
1310 Williston Rd, Aiken, SC 29803
Above-ground fuel tanks serve a former convenience-store building now used for general retail.
Property Size2,544 SF
Price / SF$90.02
Days on Market3
Property Features for 1310 Williston Rd
General Information
Standard status
Active
Size
2,544 SF
Property Condition
Severity
Repairs Needed
Evidence
renovation and improvements
Building Details
Year Built
1990
Listing Agency:
RE/MAX Tattersall Group
Listed By:
Tad D Barber · License #2264
(803) 439-6559
Source:
Vandermorganrealty
Added: Sep 5
Last Checked: Sep 7 at 10:56AM
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 RE/MAX Tattersall Group
Investment Insights
Based on property information with market context.
The property includes a 2544-square-foot building constructed in 1990. Formerly operated as a convenience store, it is currently used for general retail and includes above-ground fuel tanks and a pump island. Renovation and additional improvements will be required.
Located at 1310 Williston Rd in Aiken, the property sits at a signalized intersection near Silver Bluff HS and surrounding residential properties. Highway 278 serves travelers moving between Augusta, Williston, Barnwell, SRS, and the South Carolina coast.
Located at 1310 Williston Rd in Aiken, the property sits at a signalized intersection near Silver Bluff HS and surrounding residential properties. Highway 278 serves travelers moving between Augusta, Williston, Barnwell, SRS, and the South Carolina coast.
Key Highlights
- 2544‑square‑foot building constructed in 1990
- Above‑ground fuel tanks and pump island
- Former convenience store currently used for general retail
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
$11,589
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
5.06%
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%
$231,780
$231.8K
Cap Rate 7%
$165,557
$165.6K
Cap Rate 9%
$128,767
$128.8K
Market Conditions
NOI Build-Up for 2,544 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
$17.7K $6.96/SF
− Vacancy
−$1.2K −$0.45/SF
EGI
$16.6K $6.51/SF
− OpEx
−$5.0K −$1.95/SF
NOI
$11.6K $4.56/SF
Area
Aiken County, SC
Vacancy
6.50%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
30.00%
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%
$231,780
Cap Rate 7%
$165,557
Cap Rate 9%
$128,767
Alternative Uses
Best Use
Retail
$350.9K
$307.1K – $409.4K
NOI $24,566 @ 7.0% cap · market cap 10.73%
Second Best
Industrial
$165.6K
$144.9K – $193.2K
NOI $11,589 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$490.4K
$429.1K – $572.1K
NOI $34,326 @ 7.0% cap · market cap 14.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
6,035 visits/mo
0.4 miles
Demographics for 29803, SC
40,056
Population
17,920
Households
2.2
Avg Household Size
49
Median Age
45%
College-Educated
96%
High-School Grad
127.5 sq mi
ZIP Area
314
Density / Sq Mi
$82,933
Median Household Income
$42,961
Median Earnings
$1,146
Median Rent
$271,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Above-ground fuel tanks serve a former convenience-store building now used for general retail.
Where is this gas station located?
The property is located at 1310 Williston Rd Aiken, SC.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: 2544‑square‑foot building constructed in 1990; Above‑ground fuel tanks and pump island; Former convenience store currently used for general retail
