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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    134 Red Cedar Rd Aiken, SC 29803

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-3087851
    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

    • Commercial real estate

    Property Details for 134 Red Cedar Rd

    Property type
    Commercial real estate

    Description

    This exceptional 0.25-acre commercial land parcel is ideally situated at 134 Red Cedar Road in Aiken, South Carolina, zip code 29803. Offered at an attractive asking price of $45,000, this property presents a unique opportunity for investors and developers seeking a foothold in the thriving Aiken market. The land is designated for commercial use, providing flexibility for a variety of potential projects. Its convenient location offers easy access to local amenities, transportation routes, and the vibrant Aiken community. The property's address is precisely 134 Red Cedar Road, Aiken, Aiken County, South Carolina. Geographic coordinates are 33.479469 latitude and -81.734302 longitude. This is a blank canvas ready for your vision, whether it's a small-scale commercial building, a parking lot, or another suitable commercial venture. The property's size and zoning regulations should be independently verified to ensure suitability for your intended use. Serious inquiries are encouraged to explore the possibilities this prime Aiken commercial land offers. Don't miss this chance to acquire a valuable asset in a desirable location. The asking price reflects the current market value and presents a compelling investment opportunity.

    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
    -81.734302
    Latitude
    33.479469

    Comparable in this City

    • $380,000
      4.58 Acres

      Aiken Industrial Land - $380K

      4.58 Acres, Light Industrial Zoning, Aiken SC
      1312 Pine Log Rd, Aiken, SC 29803
      View Details
    • $989,000
      3.96 Acres

      Aiken Commercial Land - $989K

      3.96-acre development site, high visibility.
      0 Chukker Creek Rd, Aiken, SC 29803
      View Details
    • $85,000

      Aiken Commercial Land - $85K

      Prime Aiken, SC commercial lot.
      000 Dragstrip Rd, Aiken, SC 29803
      View Details
    • $45,000
      0.36 Acres

      Residential Land Overlooking Freeman Lake

      Hillside lot in The Ridge at Chukker Creek.
      279 Hodges Bay Dr, Aiken, SC 29803
      View Details
    • $65,000
      0.33 Acres

      Residential Lot in Woodside Plantation

      Residential lot in a golf community near downtown Aiken.
      168 Grassy Creek Ln, Aiken, SC 29803
      View Details
    • $38,000
      0.27 Acres

      Aiken Buildable Lot in Woodside

      Buildable lot in 55+ Woodside neighborhood, Aiken, South Carolina.
      161 Glen Haven Cir, Aiken, SC 29803
      View Details

    Similar Nearby for Sale

    • $160,000
      320 SF

      Aiken Retail Space: Prime Location

      320 SF Commercial Space - Aiken, SC
      743 Silver Bluff Rd, Aiken, SC 29803
      View Details
    • $1,175,000
      2.45 Acres

      Aiken Commercial Development Land

      High-Visibility 2.45-Acre Tract
      770 Pine Log Rd, Aiken, SC 29803
      View Details
    • $60,000

      Aiken Ranch Land - $60,000

      South Carolina ranch land; excellent investment opportunity.
      0 Fire Tower Rd, Aiken, SC 29803
      View Details
    • $71,000

      Aiken Commercial Land Opportunity

      Prime Aiken, SC commercial lot.
      112 White Cedar Way, Aiken, SC 29803
      View Details
    • $187,999

      Prime Aiken Commercial Land

      Aiken, SC commercial lot - $187,999.
      46 Covert Dr, Aiken, SC 29803
      View Details
    • $1,400,000

      Prime Aiken Commercial Land

      Exceptional Aiken, SC commercial lot. $1.4M asking price.
      3001 Whiskey Rd, Aiken, SC 29803
      View Details

    Similar Nearby for Lease

    • $4,200 /Mo

      Aiken Commercial Land For Lease

      2.449 acre commercial land for lease in Aiken, SC.
      Aiken, SC 29803
      View Details
    • Contact for pricing
      1 SF

      Aiken Commercial Land for Lease

      Commercial land for lease in established retail corridor.
      312 Silver Bluff Rd, Aiken, SC 29803
      View Details
    • $18 SF/Yr
      227,356 SF

      Aiken Exchange Plaza Retail Space

      Prime Aiken retail space, 2 units available.
      2545 Whiskey Rd, Aiken, SC 29803
      View Details
    • $14 SF/Yr
      30,266 SF

      Aiken Office Space for Lease

      Prime Aiken location, flexible suites available
      1080 Silver Bluff Rd, Aiken, SC 29803
      View Details
    • $19 SF/Yr
      9,000 SF

      Aiken Retail Space For Lease

      Retail spaces available in a strategically located Aiken shopping center.
      1521 Whiskey Rd, Aiken, SC 29803
      View Details
    • Contact for pricing
      3,540 SF

      Retail Space Available For Rent

      3,540 SF retail space available for rent in Aiken.
      250 Eastgate Dr, Aiken, SC 29803
      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.
    134 Red Cedar Rd
    Aiken, SC 29803
    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.