Building Details

Year Built 1988

Buildings 3

Listing Agency: Coward & McNeill Real Estate, LLC

Listed By: Erin Truitt · License #134101 Show Phone

Source: Vandermorganrealty

Added: Aug 14 Changed: Sep 15 Last Checked: Oct 6 at 12:07AM

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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 Coward & McNeill Real Estate, LLC

Investment Insights

Based on property information with market context.

This automotive facility comprises three separate shop buildings serving repair, paint, and service functions. The automotive repair shop was constructed in 1988 and contains 3,200 gross leasable square feet, with five manually actuated roll-up doors, three walk-through personnel doors, an office with a restroom, and a full bathroom in the work area. Constructed in 1990, the 1,440-square-foot paint shop includes a prep area covered on three sides, an office, and one walk-through personnel door. The 2005 service shop adds 1,200 square feet, one manually actuated roll-up door, and one walk-through personnel door.

The buildings occupy a 5 acre +/- tract that is security fenced. The property is located at 4939 Festival Trail Road in Salley, South Carolina. Final site area is to be determined by survey.

Key Highlights

• Three shop buildings totaling 5,840 gross leasable square feet across repair, paint, and service facilities
• Automotive repair shop constructed in 1988 with 3,200 gross leasable square feet
• Repair shop includes 5 manually actuated roll‑up doors and 3 walk‑through personnel doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$30,901

Cap Rate

8.13%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$618,020 $618.0K

Cap Rate 7%

$441,443 $441.4K

Cap Rate 9%

$343,344 $343.3K

Market Conditions

NOI Build-Up for 3,200 SF

Gross rent

$46.1K $14.40/SF

− Vacancy

−$1.9K −$0.60/SF

EGI

$44.1K $13.80/SF

− OpEx

−$13.2K −$4.14/SF

NOI

$30.9K $9.66/SF

Area

Aiken County, SC

Vacancy

4.20%

Lease Rate

$14.40 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$618,020

Cap Rate 7%

$441,443

Cap Rate 9%

$343,344

Alternative Uses

Best Use

Retail

$441.4K

$386.3K – $515.0K (±1% cap)

NOI $30,901 @ 7.0% cap · market cap 8.13%

Second Best

Industrial

$208.2K

$182.2K – $243.0K (±1% cap)

NOI $14,577 @ 7.0% cap · market cap 3.84%

Theoretical Best

Office A

$616.8K

$539.7K – $719.6K (±1% cap)

NOI $43,177 @ 7.0% cap · market cap 11.37%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Felder's Body & Auto ... Auto Repair Shop

Suggested Use

Top Pick Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Fenced yard

Location Intelligence

Trade Area within ½ mile

1

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 29137, SC

2,607

Population

1,294

Households

2

Avg Household Size

43

Median Age

14%

College-Educated

86%

High-School Grad

93.4 sq mi

ZIP Area

28

Density / Sq Mi

$38,710

Median Household Income

$35,167

Median Earnings

$650

Median Rent

$124,000

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this auto shops located? What is the asking price? Find similar properties What are key features of this property?

Similar Off Market Nearby

• Felder's Body & Auto Repair — 4939 Festival Trail Rd, Salley, SC 29137

Frequently Asked Questions

What type of property is this?

Auto shop - Three security-fenced shop buildings support repair, paint, and service operations on a commercial tract.

Where is this auto shop located?

The property is located at 4939 Festival Trail Rd Salley, SC.

What is the asking price?

The asking price for this property is $379,900.

What are key features of this property?

This property features: Three shop buildings totaling 5,840 gross leasable square feet across repair, paint, and service facilities; Automotive repair shop constructed in 1988 with 3,200 gross leasable square feet; Repair shop includes 5 manually actuated roll‑up doors and 3 walk‑through personnel doors