Renovated Two-Story Office
For Sale
$1,200,000
332 Edgefield Rd, North Augusta, SC 29841
Recently updated professional offices with multiple workrooms, conference and training areas, parking, and fiber-ready connectivity.
Property Size6,380 SF
Lot Size0.81 Acres
Price / SF$188.09
Days on Market28
Property Features for 332 Edgefield Rd
General Information
Standard status
Active
Size
6,380 SF
Lot size
0.81 Acres
Property subtype
Business Opportunity
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
conference room
training room
break room
safe room
handicap accessible bathrooms
walk-in shower
storage closets
high-speed fiber internet
energy efficient lighting
porch
Building Details
Year Built
1975
Buildings
2
Stories
2
Building Size
6,380 SF
Construction
brick
Listing Agency:
Amanda Real Estate Group
(803) 292-5202
Listed By:
Amanda T. Israel · License #SC67507
Source:
Bradberrygarnerrealestate
Added: Aug 2
Changed: Aug 29
Last Checked: Aug 25 at 4:10AM
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 Amanda Real Estate Group
Investment Insights
Based on property information with market context.
This 6,380-square-foot heated office building provides two levels of recently renovated workspace. The first floor includes five offices, a safe room formerly used by a bank, a break room, and two handicap-accessible bathrooms. Upstairs are a conference room, training room, three additional offices, two bathrooms, storage closets, and a bathroom with a walk-in shower. Improvements include new flooring, walls, ceilings, energy-efficient lighting, updated plumbing and electrical systems, four like-new HVAC units, and a freshly painted all-brick exterior. The building also features a large-windowed entry, double glass doors, and a 100-foot porch. Fiber internet is ready for connection.
The property consists of two lots totaling 0.81 acre, with 113 feet of frontage on the main road and another 111 feet along the rear road. On-site parking serves customers and employees. The property is 3 miles from I-20 and 1.5 miles from the 520 bypass, with a reported daily traffic count of 20,400+. An additional 670-square-foot vacant house conveys with the property.
The property consists of two lots totaling 0.81 acre, with 113 feet of frontage on the main road and another 111 feet along the rear road. On-site parking serves customers and employees. The property is 3 miles from I-20 and 1.5 miles from the 520 bypass, with a reported daily traffic count of 20,400+. An additional 670-square-foot vacant house conveys with the property.
Key Highlights
- 6,380 SF heated office building with two floors
- Updated interiors, electrical and plumbing; four like‑new HVAC systems
- Five first‑floor offices plus conference, training, break‑room, and storage areas
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
$65,818
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
5.48%
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%
$1,316,360
$1.3M
Cap Rate 7%
$940,257
$940.3K
Cap Rate 9%
$731,311
$731.3K
Market Conditions
NOI Build-Up for 6,380 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
$95.7K $15.00/SF
− Vacancy
−$7.9K −$1.25/SF
EGI
$87.8K $13.76/SF
− OpEx
−$21.9K −$3.44/SF
NOI
$65.8K $10.32/SF
Area
Aiken County, SC
Vacancy
8.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
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%
$1,316,360
Cap Rate 7%
$940,257
Cap Rate 9%
$731,311
Alternative Uses
Best Use
Office B
$940.3K
$822.7K – $1.10M
NOI $65,818 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.08M – $1.43M
NOI $86,084 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Recently updated professional offices with multiple workrooms, conference and training areas, parking, and fiber-ready connectivity.
Where is this office building located?
The property is located at 332 Edgefield Rd North Augusta, SC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 6,380 SF heated office building with two floors; Updated interiors, electrical and plumbing; four like‑new HVAC systems; Five first‑floor offices plus conference, training, break‑room, and storage areas
