Mixed-Use Property in Aiken,
733 Richland Avenue, Aiken, SC 29801
For Sale
Contact for pricing
3,275 SF mixed-use property available for sale.
Property Size3,275 SF
Price / SF$270.23
Days on Market949
Property Features for 733 Richland Avenue
General Information
Standard status
Size
Property subtype
Listing Agency:
Coward & McNeill Real Estate, LLC
Listed By:
Samuel Truitt
Source:
Crexi
Added: Apr 2, 2024
Changed: Nov 5
Last Checked: Nov 6 at 8:11AM
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
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Investment Insights
Based on property information with market context.
This mixed-use property offers 3,275 square feet of space and is located on Richland Avenue in Aiken, South Carolina. The property is suitable for various commercial real estate purposes.
Key Highlights
- Mixed‑use property
- 3,275 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,864
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,280
$517.3K
Cap Rate 7%
$369,486
$369.5K
Cap Rate 9%
$287,378
$287.4K
Market Conditions
NOI Build-Up for 3,275 SF
Gross rent
$46.0K $14.04/SF
− Vacancy
−$4.6K −$1.40/SF
EGI
$41.4K $12.64/SF
− OpEx
−$15.5K −$4.74/SF
NOI
$25.9K $7.90/SF
Area
Aiken County, SC
Vacancy
10.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,280
Cap Rate 7%
$369,486
Cap Rate 9%
$287,378
Alternative Uses
Best Use
Mixed Use
$369.5K
$323.3K – $431.1K
NOI $25,864 @ 7.0% cap · market cap 2.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$631.3K
$552.4K – $736.5K
NOI $44,189 @ 7.0% cap · market cap 4.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,193
Businesses Nearby
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Business Placement
Demographics for 29801, SC
27,613
Population
13,543
Households
2
Avg Household Size
41
Median Age
28%
College-Educated
84%
High-School Grad
88.9 sq mi
ZIP Area
311
Density / Sq Mi
$55,032
Median Household Income
$36,804
Median Earnings
$1,070
Median Rent
$163,900
Median Home Value
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Market
Properties on Market for Mixed-use properties in Aiken
Frequently Asked Questions
What type of property is this?
Mixed-use property - 3,275 SF mixed-use property available for sale.
Where is this mixed-use property located?
The property is located at 733 Richland Avenue Aiken, SC.
What is the asking price?
The asking price for this property is $885,000.
What are key features of this property?
This property features: Mixed‑use property; 3,275 SF
