104 Buford AveAnderson, SC 29621

Property Details for 104 Buford Ave

Year built

1980

Lot size

0.24 AC

Property size (Sq ft)

2,418 SF

Property type

Office properties

Property subtype

Office buildings

APN

148-08-04-021

APU

1480804021

Description

This ±2,418 square foot office building, situated on ±0.50 acres, presents a compelling investment opportunity in Anderson County, South Carolina. Previously utilized as a dental practice, the property boasts ample on-site parking, catering to both staff and clients. The interior layout is highly functional, featuring multiple exam rooms, a reception area, dedicated lab space, a comfortable breakroom, and three restrooms. Additional space is available as open plan offices, providing flexibility for various business needs. The building's location within an established office park near Anderson University offers excellent visibility and accessibility. The asking price for the sale is $350,000. Alternatively, the property is available for lease at a rate of $11 per square foot, plus NNN charges. The current owner is willing to include existing medical equipment as part of a sale transaction and is open to exploring owner financing options. This versatile property is ideal for owner-occupiers seeking a move-in ready space or investors looking for a strong return on investment in a desirable location. The building's adaptable design makes it suitable for a range of medical or traditional office uses. Interested parties should inquire for further details regarding financing options and equipment inclusion.

• CAP approach

  CAP return

  Valuation

  6%

  $618,604

  6.5%

  $571,019

  7%

  $530,232

• Comparable approach

  Method

  Valuation

  Relative Method

  $199,074

  Geo Method

  $199,074

• Alternative Use

  Use

  Valuation

  Residential

  $708,063

  Hospitality

  $648,582

  Educational

  $539,613

  Medical

  $558,171

  Retail

  $839,397

Location Insight

City

Anderson

County

Anderson

State

South Carolina

Latitude

34.524

Longitude

-82.6352

CBSA code

24860

CBSA name

GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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