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

    204 Silver Blf Rd Aiken, SC 29803-7348

    • Office buildings
    • 1,340 SF
    • 1.00 lot acres
    OFF-MARKET
    Last Sale
    Dec 06, 2023
    $335,000
    Value Estimations
    $340,000
    Show details
    Cap Rate Potential
    3.9%
    Office buildings
    Location Intelligence
    Property ID
    US77-1277986
    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

    • Kisner Construction Inc / Home Builder

    Property Details for 204 Silver Blf Rd

    Year built
    1957
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.00 lot acres
    Property size
    1,340 SF
    Property type
    Office buildings
    APN
    106-12-21-001
    APU
    1061221001

    Description

    This exceptional single-tenant retail property, located at 204 Silver Bluff Road in Aiken, South Carolina, presents a unique investment opportunity. Situated in Aiken County, zip code 29803, this property offers convenient access and high visibility. The building consists of a single suite, ideal for a variety of retail businesses. While the exact square footage is not currently available, the property's strategic location within Aiken makes it an attractive prospect for entrepreneurs and investors alike. The property's single-tenant occupancy simplifies management and provides a stable income stream. Its classification as "Special Purpose" suggests a unique character or potential for specialized use, which should be investigated further. The property's address is easily accessible via Silver Bluff Road, offering excellent visibility and convenient access for customers. Further due diligence is recommended to fully assess the property's potential and suitability for specific business needs. Interested parties are encouraged to conduct their own independent verification of all property details and to explore the potential for development or adaptation to suit their business requirements. The property is located at 33.5264784 latitude and -81.7259859 longitude. This listing presents a compelling opportunity to acquire a well-situated retail space in a thriving South Carolina community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $375,000
      ML approach
      $325,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $245,000
      6.5%
      $225,000
      7%
      $210,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $347,000
      Market price range: $146k - $347k
      AI Estimate
      $305,000
      Market price range: $99.2k - $306k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $350,000
      WAREHOUSE, STORAGE
      $330,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Aiken
    County
    Aiken
    State
    South Carolina
    Longitude
    -81.7261
    Latitude
    33.5264
    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
    $4,494
    $7,500
    $10,850
    $18,350
    -
    $125,000
    $180,820
    $305,820

    Comparable in this City

    • Value Estimation
      $390,000
      1,722 SF

      4048 Sandlapper Dr

      OFFICE BUILDING • 1,722 SF
      4048 Sandlapper Dr, Aiken, SC 29803-6328
      View Details
    • Value Estimation
      $720,000
      21,954 SF

      230 Vlg Grn Blvd

      OFFICE BUILDING • 21,954 SF
      230 Vlg Grn Blvd, Aiken, SC 29803-1736
      View Details
    • Value Estimation
      $320,000
      240 SF

      5091 Whiskey Rd

      OFFICE BUILDING • 240 SF
      5091 Whiskey Rd, Aiken, SC 29803-8525
      View Details
    • Value Estimation
      $285,000
      1,812 SF

      963 Dougherty Rd

      OFFICE BUILDING • 1,812 SF
      963 Dougherty Rd, Aiken, SC 29803-6508
      View Details
    • Value Estimation
      $415,000
      5,611 SF

      151 Fabian Dr

      OFFICE BUILDING • 5,611 SF
      151 Fabian Dr, Aiken, SC 29803-2551
      View Details
    • Value Estimation
      $775,000
      3,266 SF

      918 Houndslake Dr

      OFFICE BUILDING • 3,266 SF
      918 Houndslake Dr, Aiken, SC 29803-5924
      View Details

    Similar Nearby for Sale

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      Aiken Office Building For Sale

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    • $6,900,000
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      Single Tenant Office Building

      100% occupied office building in a growing area.
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      Aiken Office Space for Lease

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      Aiken Office Building - Great Location

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    • $599,000
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      Aiken Office Building For Sale

      Class B office space in Aiken, South Carolina, 90% leased.
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    Similar Nearby for Lease

    • $4,925 /Mo
      3,825 SF

      Freestanding Office Building For Lease

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    • $18 SF/Yr
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      Aiken Exchange Plaza Retail Space

      Prime Aiken retail space, 2 units available.
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      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
    • $1,800 /Mo
      1,250 SF

      Aiken Southside Office Space Available

      Office space in Aiken's Southside Retail and Business Corridor.
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    • $18 SF/Yr
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      Aiken Office Space For Lease

      Multi-tenant office space in Midtown Aiken available for lease.
      1510 Whiskey Rd Unit, Aiken, SC 29803
      View Details
    • $534 /Mo
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      Houndslake Office Space for Lease

      Office spaces available in Houndslake Country Club, Aiken, SC.
      918 Houndslake Dr, Aiken, SC 29803
      View Details
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    204 Silver Blf Rd
    Aiken, SC 29803-7348
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    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
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