Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    02 Old Shoals Rd Monetta, SC 29105

    Property Lookup

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

    02 Old Shoals Rd Monetta, SC 29105

    View on Map
    • Residential income homes
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Residential income homes

    Property Details for 02 Old Shoals Rd

    Property type
    Residential income homes

    Description

    This exceptional investment opportunity presents a four-unit single-family rental portfolio located at 02 Old Shoals Road, Monetta, South Carolina, 29105. The property is priced at $39,500 and offers a compelling return on investment. Situated in Aiken County, this portfolio provides immediate cash flow potential for savvy investors. The precise configuration of the units is not detailed, however, the property is classified as a single-family rental portfolio, suggesting multiple individual rental units on a single property. The property's location in Monetta, SC offers access to local amenities and services. Further due diligence is recommended to fully assess the property's income potential and operational expenses. This is a rare opportunity to acquire a turnkey rental portfolio in a desirable South Carolina location. The property's geographic coordinates are 33.8171076 latitude and -81.6311515 longitude. This listing presents a chance to acquire a stable income-generating asset with significant upside potential. Interested parties should conduct thorough inspections and financial analysis to confirm all aspects of the investment. The property is classified as residential and is offered as-is. This is an exceptional opportunity for investors seeking a strong return in the South Carolina real estate market. The property is ready for immediate income generation.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monetta
    County
    Aiken
    State
    South Carolina
    Longitude
    -81.6311
    Latitude
    33.8171

    Comparable in this City

    • Value Estimation by Request

      03 Old Shoals Rd

      Residential income homes
      03 Old Shoals Rd, Monetta, SC 29105
      View Details
    • Value Estimation by Request

      01 Old Shoals Rd

      Residential income homes
      01 Old Shoals Rd, Monetta, SC 29105
      View Details
    • Value Estimation by Request
      1,840 SF

      433 Sawyer Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,840 SF
      433 Sawyer Rd, Monetta, SC 29105-9359
      View Details
    • Value Estimation by Request
      1.20 Acres

      7880 Hwy 23

      COMMERCIAL (GENERAL) • 1.20 Acres
      7880 Hwy 23, Monetta, SC 29105-9417
      View Details
    • Value Estimation by Request
      1,460 SF

      2014 Rankin Rd

      STORAGE YARD, OPEN STORAGE • 1,460 SF
      2014 Rankin Rd, Monetta, SC 29105-9324
      View Details
    • Value Estimation
      $2,015,000
      63,570 SF

      5901 Columbia N Hwy

      INDUSTRIAL (GENERAL) • 63,570 SF
      5901 Columbia N Hwy, Monetta, SC 29105-9154
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,500 SF

      High-Traffic Commercial Property on Acreage

      Acreage property ideal for businesses seeking space and visibility.
      7880 Highway 23, Monetta, SC 29105
      View Details
    • $978,750
      135.00 Acres

      Large Acreage Land Opportunity

      135 acres of farmland near Batesburg-Leesville and Monetta, SC.
      456 Irving Rd, Saluda, SC 29105
      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.
    02 Old Shoals Rd
    Monetta, SC 29105
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!