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    Property profile & analytics

    248 Osprey Pt North Augusta, SC 29841

    • Residential income homes
    For Sale
    View listing
    $40,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-2133918
    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

    • Residential income homes

    Property Details for 248 Osprey Pt

    Property type
    Residential income homes

    Description

    This exceptional investment opportunity presents a portfolio of single-family rental properties located at 248 Osprey Point, North Augusta, South Carolina, 29841. The portfolio is offered at an attractive asking price of $90,000. Situated in Aiken County, this property boasts a prime location in the desirable North Augusta area. The exact number of individual rental units within the portfolio is not specified, but the listing clearly indicates it's a collection of single-family residences. This presents a unique chance for investors seeking immediate cash flow and long-term appreciation potential. The property's address is clearly identified, allowing for straightforward due diligence and property inspection. The portfolio's financial performance details are not included in this listing, but interested parties are encouraged to request further information. Given the asking price and the location in a growing South Carolina market, this represents a compelling investment opportunity for those seeking a diversified rental income stream. The property type is explicitly residential, and the portfolio nature suggests a potential for economies of scale in management and maintenance. Further details regarding the individual properties within the portfolio are available upon request. This is a turnkey investment opportunity ready for a new owner to capitalize on its potential. The property is conveniently located in North Augusta, SC, offering easy access to local amenities and transportation networks.

    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
    North Augusta
    County
    Aiken
    State
    South Carolina
    Longitude
    -81.997518
    Latitude
    33.520074

    Comparable in this City

    • Contact for pricing

      Prime North Augusta Rental Portfolio

      Four-unit rental, excellent ROI.
      461 Carriage Ln, North Augusta, SC 29841
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      North Augusta Rental Portfolio

      Four-unit rental, excellent ROI.
      465 Carriage Ln, North Augusta, SC 29841
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    • $16,900,000
      248.50 Acres

      North Augusta Development Land

      248.5 Acres, I-520 Prime Location
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    • $147,500
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      Corner Lot in Hammond's Ferry

      Desirable corner lot near SRP Ball Park and restaurants.
      Railroad Ave, North Augusta, SC 29841
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    • $1,720,000
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      Palmetto Parkway Development Land

      Prime SC land, multifamily potential.
      2026 Ascauga Lake Rd, North Augusta, SC 29841
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      68.47 Acres

      68 Acres North Augusta Land

      Prime Senior Living Development Site
      0 Hammond Pond Rd, North Augusta, SC 29841
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    Similar Nearby for Sale

    • Contact for pricing

      North Augusta Rental Portfolio

      Four-unit rental, excellent ROI.
      465 Carriage Ln, North Augusta, SC 29841
      View Details
    • Contact for pricing

      Prime North Augusta Rental Portfolio

      Four-unit rental, excellent ROI.
      461 Carriage Ln, North Augusta, SC 29841
      View Details
    • Contact for pricing
      68.47 Acres

      68 Acres North Augusta Land

      Prime Senior Living Development Site
      0 Hammond Pond Rd, North Augusta, SC 29841
      View Details
    • $1,720,000
      43.79 Acres

      Palmetto Parkway Development Land

      Prime SC land, multifamily potential.
      2026 Ascauga Lake Rd, North Augusta, SC 29841
      View Details
    • $16,900,000
      248.50 Acres

      North Augusta Development Land

      248.5 Acres, I-520 Prime Location
      0 Palmetto Pkwy, North Augusta, SC 29841
      View Details
    • $147,500
      0.10 Acres

      Corner Lot in Hammond's Ferry

      Desirable corner lot near SRP Ball Park and restaurants.
      Railroad Ave, North Augusta, SC 29841
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      11,650 SF

      Edgefield Road Warehouse Opportunity

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      North Augusta Specialty Property

      Specialty property available for rent in North Augusta, SC.
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      Available Office Space For Rent

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      North Augusta Office Space Available

      Office space available for lease in North Augusta, SC.
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    • $1,575 /Mo
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      Retail Space in North Augusta

      Well-maintained retail strip center near I-20, North Augusta, SC.
      616 Edgefield Rd, North Augusta, SC 29841
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      Corner Property Build-to-Suit Opportunity

      5,000 SF build-to-suit medical office building for lease.
      1751 Whitlaws Rd, North Augusta, SC 29841
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    248 Osprey Pt
    North Augusta, SC 29841
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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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