Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Lot00 Wrights Mill Rd Aiken, SC 29801

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Lot00 Wrights Mill Rd Aiken, SC 29801

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for Lot00 Wrights Mill Rd

    Property type
    Land

    Description

    This exceptional 29801 commercial land parcel, located at Lot00 Wrights Mill Road in Couchton, South Carolina, presents a unique investment opportunity. Priced affordably at $25,000, this property is designated for commercial use and offers significant potential for development. Situated in Aiken County, the lot boasts convenient access to Aiken, SC, providing easy connectivity to local amenities and infrastructure. The property's precise dimensions are not specified, but its classification as a commercial lot suggests suitability for a range of business ventures. The land is currently undeveloped, presenting a blank canvas for prospective buyers to tailor the space to their specific needs. Given its location and asking price, this property represents a compelling investment opportunity for entrepreneurs and developers seeking a foothold in the thriving Aiken County market. The property's "Special Purpose" designation suggests potential for a variety of uses, subject to local zoning regulations and permitting requirements. Interested parties are encouraged to conduct their own due diligence to determine the suitability of the land for their intended purpose. The latitude and longitude coordinates are 33.5743873 and -81.682228 respectively. This is a rare opportunity to acquire a commercial lot in a desirable location at an attractive price point.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Aiken
    County
    Aiken
    State
    South Carolina
    Longitude
    -81.6822
    Latitude
    33.5744

    Comparable in this City

    • Value Estimation by Request

      2503 Charleston Hwy

      Land
      2503 Charleston Hwy, Aiken, SC 29801
      View Details
    • Value Estimation by Request

      1058 Wrights Mill Rd

      Land
      1058 Wrights Mill Rd, Aiken, SC 29801
      View Details
    • Value Estimation by Request

      123 Melrose Dr

      Land
      123 Melrose Dr, Aiken, SC 29801
      View Details
    • Value Estimation by Request

      160 Mayfield Rd

      Land
      160 Mayfield Rd, Aiken, SC 29801
      View Details
    • Value Estimation by Request
      1.41 Acres

      225 University Pkwy

      Land • 1.41 Acres
      225 University Pkwy, Aiken, SC 29801
      View Details
    • Value Estimation by Request

      Lot C Wagener Rd

      Land
      0 Lot C Wagener Rd, Aiken, SC 29801
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale

      Land available for purchase.
      Cushman Dr, Aiken, SC 29801
      View Details
    • Contact for pricing

      Land Near Rutland and York

      Land with flat topography and easy access for sale.
      180 Rutland Dr, Aiken, SC 29801
      View Details
    • $280,000
      40.00 Acres

      40 Acres in Wagener with Pond

      Pristine 40-acre property with pond restoration potential.
      Tbd Millers Pond Rd, Wagener, SC 29801
      View Details

    Similar Nearby for Lease

    • New
      $1,200 /Mo

      Aiken Land with Fencing

      2.6 acres of fenced land near Charleston Highway.
      3659 Charleston Hwy, Aiken, SC 29801
      View Details
    • Contact for pricing

      Renovated Office Space Available

      Newly renovated office space for lease with flexible layout.
      410 University Pkwy, Aiken, SC 29801
      View Details
    • $2,000 /Mo
      1,204 SF

      Commercial Space in Downtown Aiken

      Commercial lease in downtown Aiken with high visibility and accessibility.
      333 Newberry St NW, Aiken, SC 29801
      View Details
    • Contact for pricing

      Office Space Near Downtown Aiken

      Office space near downtown Aiken, offering convenience and visibility.
      105 Lancaster St SW, Aiken, SC 29801
      View Details
    • $2,075 /Mo
      1,120 SF

      Renovated Office Space Available

      Newly renovated office space for lease in Aiken, South Carolina.
      410 University Pkwy Unit, Aiken, SC 29801
      View Details
    • $4,325 /Mo
      2,595 SF

      Aiken Commercial Office Building

      Professional office space in a convenient, accessible Aiken location.
      160 Waterloo St SW, Aiken, SC 29801
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Lot00 Wrights Mill Rd
    Aiken, SC 29801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    Lot00 Wrights Mill Rd, Aiken, SC, 29801

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!