Professionally Managed Office
332 Edgefield Road, North Augusta, SC 29841
Renovated 6,380 SF office building in North Augusta, SC.
Type:Office
Property size:
6,380 SFLot size:
0.81 AcresPrice / SF:
$188/SF- Added:
- Nov 14, 2024
- Days on Market:
- 563
- Last Refresh:
- May 12 at 8:50 pm
Property Features for 332 Edgefield Road
General Information
- Standard status
- Active
- Size
- 6,380 SF
- Lot size
- 0.81 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1971
Listing agent Amanda Israel License #67507
Listing office Amanda Real Estate Group
Listing date Nov 14, 2024
Source Crexi
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 Amanda Real Estate Group
HighLights
- Professionally managed, all‑brick, 2‑story office building with 6,380sf of heated space.
- Completely renovated interior and exterior, including new flooring, walls, ceilings, energy‑efficient lighting, HVAC systems, bathrooms, plumbing, and electrical.
- Excellent location in the Belvedere area of North Augusta with easy access to I‑20 and the 520 bypass.
- High visibility with 113' of main road frontage and an additional 111' of rear road frontage.
- Located in the county, outside of city taxes.
- Includes an additional vacant house (670sf) on the property for potential renovation and rental income.
Overview
This is a professionally managed, two-story commercial office building located in the Belvedere area of North Augusta. The 6,380 square foot heated building features an all-brick exterior that has been freshly painted. The interior has been recently renovated with new flooring, walls, ceilings, energy-efficient lighting, four like-new HVAC systems, updated bathrooms, and updated plumbing and electrical systems. The front entrance includes large windows, a double glass door, and a 100-foot porch. Inside, there is a large, bright open room with five large perimeter offices, a safe room (formerly a bank), a large break room, and two handicap-accessible bathrooms. The second floor includes a conference room, a training room, three large offices, two bathrooms (one with a walk-in shower), and storage closets. High-speed fiber internet is available. The property includes two lots totaling 0.81 acres, as well as an additional 670 square foot vacant house on the rear of the property that conveys for potential renovation or rental income. The property has 113 feet of main road frontage and an additional 111 feet of rear road frontage. It is located just outside of city taxes and is centrally located for easy access to the Central Savannah River Area, with convenient access to I-20 (3 miles) and the 520 bypass (1.5 miles). The daily traffic count is 20,400+. The property is suitable for offices, co-working space, and a variety of other business options.
Local Financial Insights For Office B
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 | $95.7k | $15.00 |
| − Vacancy | −$7.9k | −$1.25 |
| EGI | $87.8k | $13.76 |
| − OpEx | −$21.9k | −$3.44 |
| NOI | $65.8k | $10.32 |
6,380 SF · lease $15.00/SF/yr · vacancy 8.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$940.3K
$822.7K – $1.10M
NOI $65,818 @ 7.0% cap · market cap 5.48%
Second Best
Retail
$880.1K
$770.1K – $1.03M
NOI $61,609 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$1.23M
$1.08M – $1.43M
NOI $86,084 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- North Augusta
- County
- Aiken
- State
- South Carolina
- Longitude
- -81.9461522
- Latitude
- 33.5308446
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Renovated 6,380 SF office building in North Augusta, SC.
Where is this office building located?
The property is located at 332 Edgefield Road North Augusta, SC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Professionally managed, all‑brick, 2‑story office building with 6,380sf of heated space.; Completely renovated interior and exterior, including new flooring, walls, ceilings, energy‑efficient lighting, HVAC systems, bathrooms, plumbing, and electrical.; Excellent location in the Belvedere area of North Augusta with easy access to I‑20 and the 520 bypass.
