Retail Property on Augusta
4698 Augusta Rd, Greenville, SC 29605
Retail property with high visibility and development potential on Augusta Road.
Type:Retail
Property size:
2,500 SFPrice / SF:
$200/SF- Added:
- Jan 27, 2026
- Days on Market:
- 122
- Last Refresh:
- Apr 6 at 1:14 am
Property Features for 4698 Augusta Rd
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Retail
Listing agent Rakan Draz License #SC 104366 (864) 905-7635
Listing office (864) 905-7635
Listing date Jan 27, 2026
Source Trinity-partners
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 Rakan Draz
HighLights
- Hard corner location on Augusta Rd with strong fundamentals.
- Superior exposure with dedicated pylon and building signage.
- Great investment and/or development opportunity in a growing retail corridor.
- New roof & HVAC recently installed.
- Multiple access points for convenient ingress/egress.
- Quick regional access via I‑85 (±89,000 VPD).
Overview
This retail property, located on Augusta Road, offers significant exposure with dedicated pylon and building signage. It presents a strong investment and development opportunity within a growing retail corridor. An adjoining parcel is currently under construction for a new shopping center development. The building features masonry construction and benefits from a recently installed new roof and HVAC system. The site provides multiple access points for convenient entry and exit. The building footprint is suitable for a wide array of uses. The property is situated minutes from Greenville Country Club and Downtown Greenville. Located at a hard corner with strong fundamentals on Augusta Road, it offers quick regional access via I-85 with approximately 89,000 vehicles per day. The property is prominently located at a 4-way lighted intersection near South Pleasantburg and Augusta Road. The property size is 2500 square feet.
Local 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 | $54.9k | $21.96 |
| − Vacancy | −$2.0k | −$0.79 |
| EGI | $52.9k | $21.17 |
| − OpEx | −$15.9k | −$6.35 |
| NOI | $37.0k | $14.82 |
2,500 SF · lease $21.96/SF/yr · vacancy 3.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$529.2K
$463.1K – $617.5K
NOI $37,047 @ 7.0% cap · market cap 7.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$934.6K – $1.25M
NOI $74,771 @ 7.0% cap · market cap 14.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Pandora's Boxxx
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Greenville
- County
- Greenville
- State
- South Carolina
- Longitude
- -82.3787
- Latitude
- 34.7893
Nearby Similar for Sale
FAQs
What type of property is this?
Retail property - Retail property with high visibility and development potential on Augusta Road.
Where is this retail property located?
The property is located at 4698 Augusta Rd Greenville, SC.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Hard corner location on Augusta Rd with strong fundamentals.; Superior exposure with dedicated pylon and building signage.; Great investment and/or development opportunity in a growing retail corridor.
