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    302 E Martintown Rd North Augusta, SC 29841
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    302 E Martintown Rd North Augusta, SC 29841

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    • Commercial land
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    Commercial Outparcel in River Commons For Sale
    Contact for pricing

    Commercial Outparcel in River Commons

    0.65 AC outparcel in North Augusta shopping center.

    302 E Martintown Road, North Augusta, SC 29841
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    Property ID
    US77-0868403
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Wanda Grandle: Allstate Insurance / Insurance Agency
    • Richard W Taylor Law Offices / Law Firm

    Property Details for 302 E Martintown Rd

    Property type
    Commercial land
    Property subtype
    Commercial real estate

    Description

    Outparcel for sale (0.65 AC). This parcel is an outparcel of River Commons Shopping Center in North Augusta, SC. This center sits on Knox Avenue and E. Martintown Road. Retail in the center includes Lowes, Kroger, Arby's, Walgreen's, Aspen Dental and more. 1 Outparcels; 0.65 AC located at side entrance to the River Commons Center and Lowe's off of E. Martintown Road.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    North Augusta
    County
    Aiken
    State
    South Carolina
    Longitude
    -81.962571
    Latitude
    33.499157

    Comparable in this City

    • Contact for pricing

      Mixed-Use Development Site For Sale

      15.40-acre mixed-use development site with interstate visibility and access.
      980 Edgefield Rd, North Augusta, SC 29841
      View Details
    • Contact for pricing

      Land in North Augusta Available

      Land with water and sewer connections, near I-20.
      775 W Martintown Rd, North Augusta, SC 29841
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    • $228,500
      0.45 Acres

      Commercial Lot on Martintown Road

      Commercial land for sale in a prime location.
      300 E Martintown Rd, North Augusta, SC 29841
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    • $3,600,000
      18.57 Acres

      Prime North Augusta Commercial Tract

      18.57-acre commercial tract with high visibility and development potential.
      Edgefield Rd, North Augusta, SC 29841
      View Details
    • New
      $31,500
      0.88 Acres

      North Augusta Cleared Building Lot

      Cleared building lot ready for construction in North Augusta, SC.
      Lamback Way, North Augusta, SC 29841
      View Details
    • Contact for pricing

      Corner Lot For Sale

      Corner lot available for sale.
      401 Edgefield Rd, Belvedere, SC 29841
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime Commercial Corner Lot

      Highly visible corner lot suitable for medical office development.
      1751 Knox Ave, North Augusta, SC 29841
      View Details
    • Contact for pricing

      Mixed-Use Development Site For Sale

      15.40-acre mixed-use development site with interstate visibility and access.
      980 Edgefield Rd, North Augusta, SC 29841
      View Details
    • Contact for pricing

      Land in North Augusta Available

      Land with water and sewer connections, near I-20.
      775 W Martintown Rd, North Augusta, SC 29841
      View Details
    • $228,500
      0.45 Acres

      Commercial Lot on Martintown Road

      Commercial land for sale in a prime location.
      300 E Martintown Rd, North Augusta, SC 29841
      View Details
    • $3,600,000
      18.57 Acres

      Prime North Augusta Commercial Tract

      18.57-acre commercial tract with high visibility and development potential.
      Edgefield Rd, North Augusta, SC 29841
      View Details
    • New
      $31,500
      0.88 Acres

      North Augusta Cleared Building Lot

      Cleared building lot ready for construction in North Augusta, SC.
      Lamback Way, North Augusta, SC 29841
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,100 SF

      North Augusta Office Space Available

      Office space available for lease in North Augusta, SC.
      400 West Ave, North Augusta, SC 29841
      View Details
    • Contact for pricing
      30,000 SF

      Available Office Space For Rent

      Up to 30,000 SF of office space available for rent.
      150 Bluff Ave, North Augusta, SC 29841
      View Details
    • $1,575 /Mo
      1,250 SF

      Retail Space in North Augusta

      Well-maintained retail strip center near I-20, North Augusta, SC.
      616 Edgefield Rd, North Augusta, SC 29841
      View Details
    • Contact for pricing

      North Augusta Specialty Property

      Specialty property available for rent in North Augusta, SC.
      Martintown Rd North Augusta SC 29841, North Augusta, SC 29841
      View Details
    • $3,500 /Mo
      1,440 SF

      North Augusta Restaurant Space Available

      Former restaurant for lease in high-demand North Augusta area.
      220 Georgia Ave, North Augusta, SC 29841
      View Details
    • Contact for pricing

      Versatile Industrial/Flex Space Available

      13,120 SF industrial/flex building for lease near I-520.
      10352 Atomic Rd, North Augusta, SC 29841
      View Details
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    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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