1120 Edgefield Hwy Aiken, SC 29801
- Auto shops
- 17,880 SF
- 2.07 lot acres
Current Use by Public Records
- Car Cave USA / Car Dealer
Property Details for 1120 Edgefield Hwy
- Year built
- 1975
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.07 lot acres
- Property size
- 17,880 SF
- Property type
- Auto shops
- APN
- 120-05-06-001
- APU
- 1200506001
Description
This exceptional 3.71-acre commercial land parcel presents a unique investment opportunity in Aiken, South Carolina. Located at 1120 Edgefield Highway, this property boasts a highly desirable UD (Urban Development) zoning designation, offering significant flexibility for a variety of commercial uses. Its strategic location provides convenient access to key transportation arteries, including Interstate 20 and Highway 1, placing it within easy reach of a substantial consumer base. The property's proximity to the University of South Carolina Aiken further enhances its appeal, offering potential for synergistic development opportunities. Situated less than two miles from downtown Aiken, this site benefits from the vibrancy of the city center while maintaining a convenient location. Adding to its attractiveness, this land is situated within an Opportunity Zone, potentially offering tax deferment advantages for qualified investors. High traffic counts exceeding 13,000 vehicles per day on nearby Richland Avenue underscore the significant visibility and accessibility of this prime commercial location. The asking price for this exceptional property is $315,350. This is a rare opportunity to acquire a well-positioned commercial land parcel with significant development potential in a thriving South Carolina community. The zip code is 29801.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $310,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $320,000
- 6.5%
- $300,000
- 7%
- $315,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $300,000
- Geo Method
- $290,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $295,000
- Retail
- $320,000
- Mixed-Use
- $245,000
- Hospitality
- $260,000
- Educational
- $270,000
- Residential Income
- $310,000
- Energy
- $260,000
- Income-Based Land
- $280,000
- Food Service
- $330,000
Location Insight
- Map
- Local Demand
- City
- Aiken
- County
- Aiken
- State
- South Carolina
- Longitude
- -81.7187
- Latitude
- 33.584
- CBSA code
- 12260
- CBSA name
- AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA