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Property profile & analytics
OFF-MARKET Estimated value $1,335,000
Drive through restaurants

1029 Edgefield Rd North Augusta, SC 29860-9278

800 SF 1.15 ac lot Built 2003
Entity Owned 1-yr Hold Free & Clear
Property ID
US77-3069786
Property summary
AI-generated overview

This 0.5-acre commercial land parcel is ideally situated in North Augusta, South Carolina, within the rapidly expanding Sweetwater master-planned community. Boasting a location on Edgefield Road, which sees nearly 50,000 vehicles per day, this property offers unparalleled visibility and accessibility. The site is directly across from a Walmart and Food Lion anchored shopping center, ensuring high foot traffic and consumer density. The surrounding area is experiencing explosive growth, with recent developments including Chick-fil-A, QuikTrip, O'Reilly Auto Parts, Tru by Hilton, Dollar General, Aiken Regional's ER, and numerous other national retailers within walking distance. Furthermore, the property benefits from proximity to a new luxury townhome development, a large mixed-use development planned for over 4,100 homes and significant commercial space, and a 300-unit luxury multi-family cottage community. North Augusta's economic vitality is evident in the $158 million in new construction in 2022, a 33% increase from the previous year, with commercial construction up a remarkable 250%. This prime location, coupled with the area's affluent demographics (average household income exceeding $101,000 within a 5-minute drive), presents a unique opportunity for developers and investors. The asking price is $400,000. This property is for sale by owner.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2003
Construction WOOD
Total area 800 SF
Lot 1.15 ac (50,094 SF)
APN 010-14-03-007
UPID US77-3069786
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Checkers Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.34M
Owner & transaction history
Evans Development LLC · 1 yrs held
Evans Development LLC
since 2024
Last sale
$1.2M
5 recorded transactions
2024
$390,000
2021
Price N/A
2020
$1.2M
2020
Price N/A
2010
$890,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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