Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    0000 Old Barnwell Rd Aiken, SC 29803

    • Land
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0000 Old Barnwell Rd

    Property type
    Land

    Description

    This exceptional 209,000 dollar commercial land parcel presents a unique investment opportunity in the thriving city of Aiken, South Carolina. Located at 0000 Old Barnwell Road, Aiken, SC 29803 (33.5271634, -81.6344364), this property is classified as commercial land and offers significant potential for various development projects. The property's convenient location within Aiken County provides easy access to local amenities, transportation routes, and a growing business community. The land is designated for special purpose use, making it ideal for entrepreneurs and investors seeking a strategic location to establish their ventures. This is a blank canvas ready for your vision, allowing for the creation of a tailored commercial space to meet specific business needs. The asking price of $209,000 makes this an attractive proposition for those seeking a valuable addition to their real estate portfolio. Serious inquiries are encouraged to explore the possibilities and unlock the full potential of this prime Aiken commercial land. Further details regarding zoning and permitted uses are available upon request. Don't miss this chance to acquire a piece of Aiken's vibrant commercial landscape.

    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
    -81.6344
    Latitude
    33.5272

    Comparable in this City

    • Value Estimation by Request

      47 Covert Dr

      Land
      47 Covert Dr, Aiken, SC 29803
      View Details
    • Value Estimation by Request
      2.13 Acres

      3280 Whiskey Rd

      Land • 2.13 Acres
      3280 Whiskey Rd, Aiken, SC 29803
      View Details
    • Value Estimation by Request

      2 Woodhill Pl

      Land
      2 Woodhill Pl, Aiken, SC 29803
      View Details
    • Value Estimation by Request

      Richardsons Lake Rd

      Land
      0 Richardsons Lake Rd, Aiken, SC 29803
      View Details
    • Value Estimation by Request

      00 Sycamore Dr

      Land
      00 Sycamore Dr, Aiken, SC 29803
      View Details
    • Value Estimation by Request

      34 Livery Ct

      Land
      34 Livery Ct, Aiken, SC 29803
      View Details

    Similar Nearby for Sale

    • $52,000

      Prime Aiken Commercial Land

      Level lot, ideal for development. Excellent location.
      3360 Glenview Dr, Aiken, SC 29803
      View Details
    • $119,900
      1.00 Acre

      Whiskey Road Commercial Land

      Prime Aiken, SC commercial lot, high visibility.
      4051 Whiskey Rd, Aiken, SC 29803
      View Details
    • $228,000

      Prime Aiken Commercial Land

      Level lot, ready for development. Excellent location.
      0 Cooks Bridge Rd, Aiken, SC 29803
      View Details
    • $200,000

      Aiken Commercial Land Opportunity

      Prime Aiken, SC commercial lot.
      47 Covert Dr, Aiken, SC 29803
      View Details
    • $834,930
      2.59 Acres

      Aiken Commercial Land Opportunity

      2.59 Acres, High Traffic Area
      801 Pine Log Rd, Aiken, SC 29803
      View Details
    • $55,000

      Prime Aiken Commercial Land

      $55,000 Aiken, SC Commercial Lot
      106 Springstone Ct Ct, Aiken, SC 29803
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Aiken Commercial Land for Lease

      Commercial land for lease in established retail corridor.
      312 Silver Bluff Rd, Aiken, SC 29803
      View Details
    • $4,200 /Mo

      Aiken Commercial Land For Lease

      2.449 acre commercial land for lease in Aiken, SC.
      Aiken, SC 29803
      View Details
    • $7 SF/Yr
      6,249 SF

      Aiken Office Space Available

      Flexible Offices in South Carolina
      900 Trail Ridge Rd, Aiken, SC 29803
      View Details
    • Contact for pricing
      75,716 SF

      East Gate Shopping Center Space

      Publix-anchored retail space; high visibility.
      250 Gate Dr, Aiken, SC 29803
      View Details
    • $20 SF/Yr
      44,100 SF

      South Aiken Office Space Available

      Large office building, flexible suites, Aiken, SC
      900 Trail Ridge Rd, Aiken, SC 29803
      View Details
    • $12 SF/Yr
      95,429 SF

      Mitchell Center Retail Space

      Aiken, SC retail space available.
      1573 Whiskey Rd, Aiken, SC 29803
      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.
    0000 Old Barnwell Rd
    Aiken, SC 29803
    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.