Retail Building on Martintown
523 E Martintown Rd North Augusta, SC 29841
523 E Martintown Rd, North Augusta, SC, 29841
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For Sale
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Commercial building on busy road, ideal for retail.
Property Size4,264 SF
Lot Size0.42 Acres
Price / SF$170.03
Days on Market117
Property Features for 523 E Martintown Rd
General Information
- Standard status
- Active
- Size
- 4,264 SF
- Lot size
- 0.42 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1972
Listing Agency
Jordan Trotter Commercial Real Estate
(706) 736-1031
Listed by
Robert McCrary · License #GA 434698
Source
Crexi
Added: Mar 26 Updated: Jul 10 at 3:44 pm Checked: Jul 19 at 8:07 am
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 Jordan Trotter Commercial Real Estate
Investment Insights
Based on property information with market context.
This corner commercial property is located on Martintown Road, which has a traffic volume of 24,100 vehicles per day, near the intersection of Atomic Road, which sees 25,000 vehicles per day. The property offers visibility and access on the main retail corridor in North Augusta, SC. Neighboring businesses include Sprint Foods, Wendy’s, Freddy’s Frozen Custard & Steakburgers, KFC, AutoZone, and Krystal, along with other regional and national businesses. The 4,264 square foot commercial building is currently operated as a retail business. The interior features open retail space with rear storage, an office, and a restroom area. The exterior of the building is brick with a commercial glass storefront and includes 23 parking spaces. This location is suitable for a quick-service restaurant, coffee shop, or other retail space. The property owner also owns the 0.42-acre parcel directly behind the subject property and is willing to sell it, making it suitable for expansion or additional parking.
Key Highlights
- High‑traffic corner location on Martintown Road (24,100 VPD) near Atomic Road (25,000 VPD).
- Excellent visibility and access on North Augusta's main retail corridor.
- 4,264 SF commercial building suitable for QSR, coffee shop, or retail.
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 | $61.4k | $14.40 |
| − Vacancy | −$2.6k | −$0.60 |
| EGI | $58.8k | $13.80 |
| − OpEx | −$17.6k | −$4.14 |
| NOI | $41.2k | $9.66 |
4,264 SF · lease $14.40/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$588.2K
$514.7K – $686.3K
NOI $41,176 @ 7.0% cap · market cap 5.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$821.9K
$719.2K – $958.9K
NOI $57,533 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fireworks Superstore
Discount Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Commercial building on busy road, ideal for retail.
Where is this retail space located?
The property is located at 523 E Martintown Rd North Augusta, SC.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: High‑traffic corner location on Martintown Road (24,100 VPD) near Atomic Road (25,000 VPD).; Excellent visibility and access on North Augusta's main retail corridor.; **4,264 SF commercial building suitable for QSR, coffee shop, or retail.**