Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Land in Ware Shoals Title is generated by Realmo AI

    14-16 Audubon, Ware Shoals, SC 29692

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Ware Shoals, SC

    Lot size:
    0.76 Acres
    Added:
    Nov 21, 2024
    Days on Market:
    548
    Last Refresh:
    May 23 at 8:06 am

    Property Features for 14-16 Audubon

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R1
    Standard status
    Active
    Lot size
    0.76 Acres

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Jared Powell

    Listing agent Jared Powell License #106244

    Listing office The Powell Company POB 174, SC

    Listing date Nov 21, 2024

    MLS# 131736 Listing URL

    Copyright © 2026 Greenwood 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.

    HighLights

    • Residential land/lot ready for your dream home.
    • Water available, simplifying the building process.
    • GPS location provided for easy site identification.

    Overview

    This residential land is located in Ware Shoals, South Carolina. The lot size is 0.76 acres. The property is zoned R1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ware Shoals
    County
    Greenwood
    State
    South Carolina
    Longitude
    -82.247421
    Latitude
    34.373718

    Nearby Similar for Sale

    • $2,888,700

      240 Acres Premier Riverfront Tract

      240-acre tract with river frontage and development potential.
      3393 Poplar Springs, Ware Shoals, SC 29692
      View Details
    • $139,000
      1,358 SF

      Restaurant Property in Ware Shoals

      Equipped restaurant with redevelopment potential in revitalizing downtown corridor.
      27 E Main Street, Ware Shoals, SC 29692
      View Details
    • $250,000

      Unrestricted Land with Four-Bay Shop

      9.44 acres with shop near Lake Rabon.
      10795 Highway 252, Ware Shoals, SC 29692
      View Details
    • $255,035

      46 Acres Wooded Land

      46 acres of wooded land with pines and hardwoods.
      Main St. W ext, Ware Shoals, SC 26949
      View Details
    • $35,000

      Unrestricted Building Lot with Shed

      Cleared lot with shed and garden beds ready to build.
      Trey Lane, Ware Shoals, SC 29692
      View Details
    • $2,888,700

      Riverfront Land with Development Potential

      240 acres with river frontage, ideal for development or recreation.
      3393 Poplar Springs, Ware Shoals, SC 29692
      View Details
    • $15,000

      Unrestricted Building Lot Near Saluda

      1.16 acre unrestricted building lot with water views.
      Trey Lane, Ware Shoals, SC 29692
      View Details
    • $119,500
      1,988 SF

      Retail Property in Ware Shoals

      Retail property for sale in Ware Shoals, South Carolina.
      2 N Greenwood Ave, Ware Shoals, SC
      View Details
    • $650,000
      348,480 SF

      8 acre open field with room to expand recreational land

      8-acre property with Saluda River frontage in Laurens County, SC.
      00 TV Tower Road, Ware Shoals, SC 29692
      View Details
    • $190,000
      327,571 SF

      7.52 Acres Land For Sale

      7.52 acres with road frontage near Ware Shoals and Laurens.
      7588 Ekom Beach Road, Ware Shoals, SC 29692
      View Details
    • $149,000

      Land with Creek and Utilities

      Unzoned land featuring creek, natural gas, and public water access.
      7588 Ekom Beach Rd, Ware Shoals, SC
      View Details
    • $499,000

      Land for Sale

      Land available for sale in Ware Shoals, South Carolina.
      TV Tower Rd, Ware Shoals, SC
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land for sale in Ware Shoals, South Carolina.
    Where is this residential land & home lot located?
    The property is located at 14-16 Audubon Ware Shoals, SC.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Residential land/lot ready for your dream home.; Water available, simplifying the building process.; GPS location provided for easy site identification.
    (864) 554-9233
    We can help!
    Listing Contact
    Jared Powell
    Real Estate License ID: 106244
    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
    14-16 Audubon, Ware Shoals, SC 29692
    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!