770 Augusta Rd Edgefield, SC 29824
This exceptional 67,095 square foot Class B office building presents a unique investment opportunity in Edgefield, South Carolina. Built in 1980, this three-story property sits on an expansive 11-acre lot (APN 138-00-00-048-000) and boasts beautiful wood finishes throughout the original structure. The open-concept design offers incredible flexibility, ideal for a corporate headquarters or large-scale event venue. Separate banquet and reception areas are perfect for company gatherings. The building also includes multiple conference rooms and breakout spaces to facilitate collaboration and meetings. Beyond the main office space, the property includes a 2,822 square foot warehouse and a 2,368 square foot pavilion situated by a pond, adding further versatility. Zoned GC, this property is conveniently located 3.4 miles west of the intersection of Hwy 25 and SC-121, and just 2 miles east of downtown Edgefield. Its proximity to Augusta and Aiken provides access to a substantial employment pool. Recently appraised at $3,500,000 in September 2023, this property is offered at $2,500,000, representing a compelling value proposition. The asking price per square foot is $37.26.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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