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Property profile

332 Edgefield Rd North Augusta, SC 29841

FOR SALE
Office buildings
Property ID
US77-2902382
6,380 SF 0.39 ac lot Built 1971
Entity Owned 17-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 332 Edgefield Road in North Augusta, South Carolina, presents a remarkable investment opportunity. The property encompasses two buildings totaling 6,380 heated square feet on a 0.83-acre lot, offering significant potential for a variety of businesses. Built in 1975 and extensively renovated within the last 2-3 years, the property boasts a freshly painted all-brick exterior and a newly updated interior. Improvements include all new flooring, walls, ceilings, energy-efficient lighting, four HVAC systems, updated bathrooms, plumbing, and electrical systems. The main building features a welcoming front entrance with large windows and a spacious porch, leading to a bright open area with five large offices, a secure room, a break room, and two handicap-accessible bathrooms. The second floor offers a conference room, a training room, three large offices, and two bathrooms, one with a walk-in shower. High-speed fiber internet is available. An additional vacant 670 square foot house on a separate lot is also included, presenting possibilities for renovation or rental income. The property enjoys excellent visibility with 113 feet of frontage on Edgefield Road and an additional 111 feet of rear road frontage. Its convenient location offers easy access to I-20 (3 miles) and the 520 bypass (1.5 miles), providing quick commutes to Augusta and Aiken. The property is zoned commercial and situated outside city limits, offering potential tax advantages. Ample on-site parking is available for employees and customers. The property is currently professionally managed. This turnkey property is ready for immediate occupancy and is ideally suited for offices, co-working spaces, and various other business ventures. The asking price is $1,200,000.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1971
Construction WOOD
Total area 6,380 SF
Lot 0.39 ac (16,988 SF)
APN 012-05-10-007
UPID US77-2902382

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

332 Edgefield Rd North Augusta, SC 29841
North Augusta metro Census 20604 AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$609k
Blend (final) Blend
$350k

Owner & transaction history

since 2009
2 recorded transactions
2009
$295,000
2008
$65,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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