Commercial Land with Existing
5541 Columbia Highway N, Monetta, SC 29105
For Sale
$75,000
Commercial Sale, Monetta, SC
Property Size635 SF
Lot Size0.67 Acres
Price / SF$118.11
Days on Market54
Property Features for 5541 Columbia Highway N
General Information
Property type
Property subtype
Zoning
Parking features
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Cooling system
Building Details
Year built
Number of units
Flooring type
Building materials
Listing Agency:
Mckinney Properties, Llc Of Sc
(803) 262-5552
Listed By:
Amanda Poston McKinney · License #84554
(803) 349-5552
Added: Sep 16
Changed: Oct 31
Last Checked: Nov 8 at 12:06PM
MLS# 100604621
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.
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Investment Insights
Based on property information with market context.
This 0.67-acre commercial land parcel includes an existing 1,624-square-foot building constructed in 1980. The structure requires full interior and exterior renovation, providing a basis for redevelopment or conversion to a service-oriented commercial use. Construction includes block, stone, wood siding, and wood frame elements, with concrete, vinyl, and laminate flooring and window or wall/window unit cooling.
Located at 5541 Columbia Highway N in Monetta, the property has frontage along the highway and a parking lot. The site is zoned RURAL COMMERCIA and includes municipal water availability with an on-site septic system. Historical underground storage tanks were removed, and an official No Further Action letter from SCDHEC is in place.
Located at 5541 Columbia Highway N in Monetta, the property has frontage along the highway and a parking lot. The site is zoned RURAL COMMERCIA and includes municipal water availability with an on-site septic system. Historical underground storage tanks were removed, and an official No Further Action letter from SCDHEC is in place.
Key Highlights
- 0.67‑acre commercial land parcel in Aiken County
- Existing 1,624‑square‑foot commercial building constructed in 1980
- Building requires full interior and exterior renovation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,132
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$122,640
$122.6K
Cap Rate 7%
$87,600
$87.6K
Cap Rate 9%
$68,133
$68.1K
Market Conditions
NOI Build-Up for 635 SF
Gross rent
$9.1K $14.40/SF
− Vacancy
−$384 −$0.60/SF
EGI
$8.8K $13.80/SF
− OpEx
−$2.6K −$4.14/SF
NOI
$6.1K $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%
$122,640
Cap Rate 7%
$87,600
Cap Rate 9%
$68,133
Alternative Uses
Best Use
Retail
$87.6K
$76.7K – $102.2K
NOI $6,132 @ 7.0% cap · market cap 8.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$122.4K
$107.1K – $142.8K
NOI $8,568 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
4,005 visits/mo
0.2 miles
Demographics for 29105, SC
1,433
Population
586
Households
2.4
Avg Household Size
44
Median Age
9%
College-Educated
86%
High-School Grad
30.6 sq mi
ZIP Area
47
Density / Sq Mi
$92,031
Median Household Income
$42,988
Median Earnings
$1,024
Median Rent
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Market
Properties on Market for Commercial land in Aiken County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial land - Highway-oriented commercial site with an existing structure requiring comprehensive renovation and redevelopment planning.
Where is this commercial land located?
The property is located at 5541 Columbia Highway N Monetta, SC.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: 0.67‑acre commercial land parcel in Aiken County; Existing 1,624‑square‑foot commercial building constructed in 1980; Building requires full interior and exterior renovation
