Renovated Two-Story Office
For Sale
$1,200,000
332 Edgefield Road, North Augusta, SC 29841
COMMERCIAL - North Augusta, SC
Property Size6,380 SF
Lot Size0.74 Acres
Price / SF$188.09
Days on Market637
Property Features for 332 Edgefield Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
commercial
Parking
30
Parking features
Parking Lot
Subdivision
Not In Subdivision
Lot features
Level, Gentle Sloping
Directions
Directions: From I-20 east, exit 5, turn right on US-25 aka Edgefield Rd., in 3 miles property will be on the right just past Augusta/Clearwater Rd. with approx. 113' road frontage. 332 Edgefield Rd. North Augusta, SC
Standard status
Active
APN
0120510007
Size
6,380 SF
Lot size
0.74 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
..
Tax Annual Amount
5608
Legal Description
..
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Zoned, Electric (Heating)
Cooling system
Zoned, Central Air, Heat Pump
Water source
Public
Amenities
porch
high-speed fiber internet
Building Details
Year built
1975
Flooring type
Lvt/lvp, Vinyl
Building materials
Brick, Brick Veneer
Roof type
Metal
Listing Agency:
Amanda Real Estate Group
(803) 761-7173
Listed By:
Amanda T. Israel · License #SC67507
(803) 761-7173
Added: Nov 12, 2024
Changed: Aug 10
Last Checked: Aug 11 at 7:06PM
MLS# 98224920
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 6,380-square-foot, two-story office building combines a freshly painted brick exterior with a recently renovated interior. Improvements include new flooring, walls, ceilings, energy-efficient lighting, updated bathrooms, plumbing, and electrical systems, along with four like-new HVAC systems. The layout includes five offices, a safe room, break room, two handicap-accessible bathrooms, a conference room, training room, three additional offices, two upper-level bathrooms, storage closets, and a walk-in shower. Hi-speed fiber internet is ready, and the property includes on-site parking.
The building offers 113' of frontage along Edgefield Road plus 111' of rear road frontage, with a 100' front porch and large front windows at the entry. Daily traffic is reported at 20,400+, and the property is 3 miles from I-20 and 1.5 mi from the 520 bypass. A separate 670-square-foot vacant house on the rear lot also conveys. Public water and sewer serve the property, with commercial zoning and a metal roof.
The building offers 113' of frontage along Edgefield Road plus 111' of rear road frontage, with a 100' front porch and large front windows at the entry. Daily traffic is reported at 20,400+, and the property is 3 miles from I-20 and 1.5 mi from the 520 bypass. A separate 670-square-foot vacant house on the rear lot also conveys. Public water and sewer serve the property, with commercial zoning and a metal roof.
Key Highlights
- 6,380‑square‑foot, two‑story office building renovated with updated interior finishes and systems
- Four like‑new HVAC systems, energy‑efficient lighting, updated plumbing, electrical, and bathrooms
- 113' of main road frontage plus 111' of rear road frontage
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
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
242
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Brick commercial property with flexible office, conference, training, and coworking configurations.
Where is this office building located?
The property is located at 332 Edgefield Road 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‑square‑foot, two‑story office building renovated with updated interior finishes and systems; Four like‑new HVAC systems, energy‑efficient lighting, updated plumbing, electrical, and bathrooms; 113' of main road frontage plus 111' of rear road frontage
