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Gateway Property in North Augusta
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133 Georgia Ave, North Augusta, SC 29841

Historic property suitable for investment or owner-operator.

Property Size7,700 SF
Price / SF$112.34
Days on Market1705

Property Features for 133 Georgia Ave

General Information

Standard status Active
Size 7,700 SF
Property subtype Retail
Listing Agency: Meybohm Commercial
Listed By: Matt Rogers · License #GA 374195
Source: Crexi
Added: Feb 11, 2022 Changed: Oct 4 Last Checked: Oct 12 at 6:33PM

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 Meybohm Commercial

Investment Insights

Based on property information with market context.

The property at 133 Georgia Ave. is positioned as a gateway property into downtown North Augusta, South Carolina, when approaching from downtown Augusta, Georgia. Encompassing a total area of 7700 square feet, the property presents an opportunity for purchase either as an investment or for owner-operation. This historic property offers a lot of potential.

Key Highlights

  • Gateway property into downtown North Augusta, SC.
  • High potential historic property.
  • Located at 133 Georgia Ave.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$74,356
Cap Rate
8.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,487,120 $1.5M
Cap Rate 7%
$1,062,229 $1.1M
Cap Rate 9%
$826,178 $826.2K
Market Conditions
NOI Build-Up for 7,700 SF
Gross rent
$110.9K $14.40/SF
− Vacancy
−$4.7K −$0.60/SF
EGI
$106.2K $13.80/SF
− OpEx
−$31.9K −$4.14/SF
NOI
$74.4K $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%
$1,487,120
Cap Rate 7%
$1,062,229
Cap Rate 9%
$826,178

Alternative Uses

Best Use
Retail
$1.06M
$929.5K – $1.24M (±1% cap)
NOI $74,356 @ 7.0% cap · market cap 8.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M (±1% cap)
NOI $103,895 @ 7.0% cap · market cap 12.01%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Storage Facility HVAC Service Big Box & Wholesale Store Building Supply Veterinary Clinic Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

485
Businesses Nearby
Balanced
Demand for This Use

Demographics for 29841, SC

32,919
Population
16,474
Households
2
Avg Household Size
40
Median Age
32%
College-Educated
93%
High-School Grad
31.9 sq mi
ZIP Area
1,032
Density / Sq Mi
$72,811
Median Household Income
$46,447
Median Earnings
$1,050
Median Rent
$186,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Sweet Fig Market and Gifts — 510 West Ave, North Augusta, SC 29841
  • MY Garden and Beyond — 434 georgia ave, north augusta, sc 29841

Frequently Asked Questions

What type of property is this?
Storefront property - Historic property suitable for investment or owner-operator.
Where is this storefront property located?
The property is located at 133 Georgia Ave North Augusta, SC.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: Gateway property into downtown North Augusta, SC.; High potential historic property.; Located at 133 Georgia Ave.
More about this property
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