Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    218 Frontage Rd Aiken, SC 29801

    Property Lookup

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

    218 Frontage 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 218 Frontage Rd

    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 165-acre agricultural property, located at 218 Frontage Road in Aiken, South Carolina, presents a unique investment opportunity. Situated in Aiken County, zip code 29801, this expansive land parcel offers significant potential for various agricultural uses. The property's convenient location provides easy access to Aiken's city amenities while maintaining a tranquil rural setting. With its generous acreage, the land is ideal for farming, ranching, or other agricultural ventures. The property's coordinates are 33.640274 latitude and -81.728217 longitude. The asking price for this remarkable piece of South Carolina farmland is $165,000. This represents a compelling value for buyers seeking a substantial land holding in a desirable location. The property is classified as agricultural land and is ready for immediate development or continued use in its current state. Serious inquiries are encouraged to explore the full potential of this exceptional investment opportunity. Detailed surveys and soil reports are available upon request. Don't miss the chance to own this prime piece of Aiken County real estate. Contact us today to schedule a viewing and discuss the possibilities.

    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
    -81.7282
    Latitude
    33.6403

    Comparable in this City

    • Value Estimation by Request

      00 Good Springs Rd

      Farms
      00 Good Springs Rd, Aiken, SC 29801
      View Details
    • Value Estimation by Request

      00 Shiloh Church Rd

      Farms
      00 Shiloh Church Rd, Aiken, SC 29801
      View Details
    • Value Estimation by Request

      136 Mcmillian St

      Farms
      136 Mcmillian St, Aiken, SC 29801
      View Details
    • Value Estimation by Request

      Richland Ave

      Farms
      0 Richland Ave, Aiken, SC 29801
      View Details
    • Value Estimation by Request

      Gun Range Rd

      Farms
      0 Gun Range Rd, Vaucluse, SC 29801
      View Details
    • Value Estimation by Request

      Lot B Emerson Rd

      Farms
      0 Lot B Emerson Rd, Aiken, SC 29801
      View Details

    Similar Nearby for Sale

    • $143,000
      11.00 Acres

      Aiken Land for Horse Farm

      11 acre Aiken, SC property suitable for a horse farm.
      Cp Rawls Rd, Aiken, SC 29801
      View Details
    • $795,000
      1.01 Acres

      Aiken Buildable Lot in Horse District

      One-acre buildable lot in Aiken's Historic Horse District.
      433 Whiskey Rd, Aiken, SC 29801
      View Details

    Similar Nearby for Lease

    • 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
    • $1,950 /Mo
      1,494 SF

      Free-Standing Brick Office Building

      Charming office building near downtown Aiken and Interstate 20.
      1598 Columbia Hwy N, Aiken, SC 29801
      View Details
    • $8,000 /Mo
      15,080 SF

      Aiken Industrial Space For Rent

      15,080 SF industrial space on Equestrian Corridor.
      2969 Wagener Rd, Aiken, SC 29801
      View Details
    • $2,950 /Mo
      4,000 SF

      Aiken Warehouse Space Available

      Commercial warehouse space with office, bathroom, and roll-up door.
      1908 E Richland Ave, Aiken, SC 29801
      View Details
    • $3,772 /Mo
      1,886 SF

      Aiken Office Space For Lease

      New build-out opportunity for office or medical space in Aiken.
      148 SW Unit, 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.
    218 Frontage 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

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