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    Palmetto Pkwy North Augusta, SC 29841

    For Sale
    $16,900,000

    248.5 Acres, I-520 Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 248.5-acre commercial, industrial, and residential land parcel presents a unique master-development opportunity in North Augusta, South Carolina. Strategically located at the intersection of Palmetto Parkway (I-520) and I-20, this Planned Development (PD) zoned property offers unparalleled access to major transportation arteries, connecting seamlessly to regional markets. The site, encompassing Tax Map Numbers 011-12-04-001 and 022-09-17-001, is situated within the city limits of North Augusta and Aiken County, just south of I-20 and six miles from the Georgia state line. Entitlements allow for a diverse range of uses, including light industrial, heavy commercial, retail, a town center, and multi-family residential development. The property's prime location is further enhanced by its proximity to the North Augusta business district and Riverside Village, offering a vibrant and dynamic environment. A neighboring national homebuilder is developing over 3,000 homes in a nearby 970+ acre parcel, creating a significant residential population base. This parcel, serving as the main entrance to this large residential development, is specifically zoned to encourage "residential over retail," making it ideal for a village center or big-box retail development. While a temporary lift station will be required, the existing infrastructure and zoning make this a highly attractive investment opportunity. The asking price is $16,900,000.

    Property Features for 0 Palmetto Pkwy

    General Information

    Property type
    Land
    Lot Size
    10,824,660 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    North Augusta
    County
    Aiken
    State
    South Carolina
    Longitude
    -81.928846046671
    Latitude
    33.554318704318

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    FAQs

    What type of property is this?
    Land - 248.5 Acres, I-520 Prime Location
    Where is this land located?
    The property is located at Palmetto Pkwy North Augusta, SC.
    What is the asking price?
    The asking price for this property is $16,900,000.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Palmetto Pkwy North Augusta, SC 29841
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