Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    119 Scholar Loop Aiken, SC 29801-5388

    • Day care centers
    • 4,560 SF
    • 13.96 lot acres
    OFF-MARKET
    Last Sale
    Oct 20, 2023
    $4,900
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-2239762
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • USCA Children's Center / Day Care Center

    Property Details for 119 Scholar Loop

    Year built
    1990
    Construction
    WOOD
    Lot size
    13.96 lot acres
    Property size
    4,560 SF
    Property type
    Day care centers
    APN
    087-15-01-005
    APU
    871501005

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Aiken
    County
    Aiken
    State
    South Carolina
    Longitude
    -81.7667
    Latitude
    33.5708
    CBSA code
    12260
    CBSA name
    AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $139,600
    $265,800
    $405,400

    Comparable in this City

    • Value Estimation
      $285,000
      3,524 SF

      1028 Hayne SW Ave

      DAY CARE, PRE-SCHOOL • 3,524 SF
      1028 Hayne SW Ave, Aiken, SC 29801-3730
      View Details
    • Value Estimation
      $280,000
      3,061 SF

      117 Marion NE St

      DAY CARE, PRE-SCHOOL • 3,061 SF
      117 Marion NE St, Aiken, SC 29801-4539
      View Details
    • Value Estimation by Request
      2,688 SF

      183 Old Wagener Rd

      DAY CARE, PRE-SCHOOL • 2,688 SF
      183 Old Wagener Rd, Aiken, SC 29801-9549
      View Details
    • Value Estimation
      $280,000
      2,336 SF

      3701 Richland Ave

      DAY CARE, PRE-SCHOOL • 2,336 SF
      3701 Richland Ave, Aiken, SC 29801-6315
      View Details
    • Value Estimation
      $255,000
      1,780 SF

      140 Kershaw SE St

      FUNERAL HOME • 1,780 SF
      140 Kershaw SE St, Aiken, SC 29801-4550
      View Details
    • Value Estimation by Request
      720 SF

      1524 University Ln

      Specialty properties • 720 SF
      1524 University Ln, Aiken, SC 29801
      View Details

    Similar Nearby for Sale

    • $546,000
      9,928 SF

      Versatile Property with High Visibility

      Adaptable property suitable for retail, office, or daycare use.
      721 Richland Ave W, Aiken, SC 29801
      View Details
    • $795,000
      0.45 Acres

      Downtown Aiken Multifamily Investment Opportunity

      Five-unit Victoria Villa in downtown Aiken, SC, renovated in 2012.
      105 Florence St SW, Aiken, SC 29801
      View Details
    • $1,699,000
      4,125 SF

      Historic Aiken Bed & Breakfast

      Landmark bed and breakfast with cottages and event venue.
      3083 Charleston Hwy, Aiken, SC 29801
      View Details
    • $1,699,000
      4,125 SF

      Historic Bed & Breakfast Landmark

      Charming B&B with cottages, pool, and event venue.
      3083 Charleston Hwy, Aiken, SC 29801
      View Details
    • $1,190,000
      3,275 SF

      Richland Avenue Mixed-Use Property

      Prime Aiken, SC Mixed-Use Building
      733 Richland Ave, Aiken, SC 29801
      View Details
    • $138,000

      Aiken County Farm - $138,000

      Prime Aiken County farmland. Excellent investment opportunity.
      00 Shiloh Church Rd, Aiken, SC 29801
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,100 SF

      Aiken, SC Special Purpose Building

      1,100 SF Single-Tenant Property in Aiken, SC
      226 Newberry St, Aiken, SC 29801
      View Details
    • $15 SF/Yr
      4,961 SF

      Downtown Aiken Office Building

      Historic Charm, Prime Location, Flexible Space
      105 Lancaster St, Aiken, SC 29801
      View Details
    • Contact for pricing
      858 SF

      Aiken Special Purpose Property

      858 SF Single-Tenant Building in Aiken, SC
      223 Chesterfield St, Aiken, SC 29801
      View Details
    • Contact for pricing

      Laurens Street Retail Space Available

      Prime Aiken County retail location, single tenant.
      120 A-F Laurens St, Aiken, SC 29801
      View Details
    • $650 /Mo
      2,178 SF

      Downtown Aiken Office Spaces Available

      Office spaces in downtown Aiken with utilities included.
      120 A-F Laurens St NW, Aiken, SC 29801
      View Details
    • New
      $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.
    119 Scholar Loop
    Aiken, SC 29801-5388
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.