417 Martintown RdNorth Augusta, SC 29841

Property Details for 417 Martintown Rd

Year built

2017

Construction

WOOD

Lot size

4.63 AC

Property size (Sq ft)

36,071 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

007-12-06-033

APU

71206033

Description

This exceptional 36,105-square-foot retail property, located at 417 E Martintown Rd in North Augusta, South Carolina, presents a unique investment opportunity. Built in 2017, this former grocery store boasts a prime location on a bustling retail corridor, experiencing an average daily traffic count of 24,100 vehicles. The building's excellent visibility and accessibility are further enhanced by its proximity to I-520 (18,600 ADT), just two miles away. The expansive 4.62-acre lot provides ample space, complemented by 164 dedicated parking spaces for customer convenience. The property's high-quality construction and spacious layout make it suitable for a variety of retail uses, offering significant potential for future growth and profitability. Its strategic location within Aiken County, South Carolina, and its zip code 29841, ensures high visibility and accessibility for potential customers. This is a first-class building ready for its next chapter. The property's size and location make it an ideal choice for businesses seeking a prominent presence in a thriving retail market. The ample parking ensures ease of access for customers and employees alike.

• CAP approach

  CAP return

  Valuation

  6%

  $7,974,473

  6.5%

  $7,361,052

  7%

  $6,835,262

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,651,120

  Geo Method

  $7,483,708

• Alternative Use

  Use

  Valuation

  Residential

  $6,209,322

  Hospitality

  $5,687,706

  Educational

  $4,732,105

  Medical

  $4,894,849

  Retail

  $7,361,052

Location Insight

City

North Augusta

County

Aiken

State

South Carolina

Latitude

33.4966

Longitude

-81.9576

CBSA code

12260

CBSA name

AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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