318 Hampton Ave Aiken, SC 29801-3512
- Grocery and convenience stores
- 1,924 SF
- 1.09 lot acres
Current Use by Public Records
- BP / Gas Station
Property Details for 318 Hampton Ave
- Year built
- 1984
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.09 lot acres
- Property size
- 1,924 SF
- Property type
- Grocery and convenience stores
- APN
- 120-13-17-001
- APU
- 1201317001
Description
This vacant 1.09-acre lot in Aiken, South Carolina, presents a compelling redevelopment opportunity. Located at 318 Hampton Ave. NW, at the corner of Hampton Ave. NW and Laurens St. NW, this property boasts a high-visibility corner location with five convenient access points and over 20,000 vehicles passing daily. Previously occupied by a Circle K gas station and car wash, the site has undergone environmental remediation, with all underground tanks removed. The property includes two buildings: a 1,924 square foot structure suitable for a convenience store and a 2,250 square foot former self-serve car wash. The property is zoned General Business (GB) in Aiken County, offering flexibility for various commercial uses. Its proximity to downtown Aiken and its location on a well-lit intersection make it an ideal site for redevelopment or repurposing as a gas station or similar retail establishment. The asking price is $699,000. Built in 1984, this Class C property is currently vacant and offers significant potential for investors seeking a high-traffic location in a growing area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $200,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $210,000
- 6.5%
- $195,000
- 7%
- $200,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $185,000
- Geo Method
- $205,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $170,000
- Retail
- $195,000
- Mixed-Use
- $200,000
- Hospitality
- $230,000
- Educational
- $215,000
- Residential Income
- $205,000
- Energy
- $220,000
- Income-Based Land
- $190,000
- Food Service
- $225,000
Location Insight
- Map
- Local Demand
- City
- Aiken
- County
- Aiken
- State
- South Carolina
- Longitude
- -81.7196
- Latitude
- 33.5701
- CBSA code
- 12260
- CBSA name
- AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA