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    35 Varden Dr Aiken, SC 29803-5275

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    35 Varden Dr Aiken, SC 29803-5275


    • Office buildings
    • 9,808 SF
    • 0.59 lot acres
    Off-Market
    Property ID
    US77-0067661
    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
    $940,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Palmetto Realty & Land Co. / Real Estate Agency
    • Augusta Orthothics-Prosthetics / Orthotics & Prosthetics Service
    • Edward Jones - Financial Advisor: Michael A Young / Financial Advisor
    • 360 Case Management LLC / Association / Organization
    • Pink Icing Boutique LLC / Clothing & Fashion Store

    Property Details for 35 Varden Dr

    Year built
    1984
    Construction
    WOOD
    Lot size
    0.59 lot acres
    Property size
    9,808 SF
    Property type
    Office buildings
    APN
    106-06-23-004
    APU
    1060623004

    Description

    This exceptional investment opportunity presents two fully occupied, professional office buildings totaling 21,632 square feet situated on a 1.42-acre lot in Aiken, South Carolina's Hitchcock Office Park. The property, comprised of two two-story buildings constructed in 1984 and renovated in 2017 and 2018, boasts 10 individual suites ranging from 700 to 5,500 square feet, leased to a mix of credit-rated tenants under a gross lease structure. Currently operating at 100% occupancy, this stabilized investment offers immediate cash flow with a compelling 10% cap rate and over $175,000 in annual gross rental income. Rent bumps are in place, ensuring future income growth. The property features ample parking with 50 spaces and benefits from a prime location on Varden Drive, offering high visibility and accessibility with an average daily traffic count of 21,300 vehicles. Monthly HOA dues are $250 per building. Furthermore, the expansive lot provides potential for future development, adding significant long-term value. This is a rare opportunity to acquire a high-performing, multi-tenant office complex in a thriving South Carolina market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,065,000
      Market price range: $1.07M - $2.54M
      AI Estimate
      $725,000
      Market price range: $726k - $2.24M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,530,000
      Current use
      MEDICAL BUILDING
      $1,475,000
      Change: -4% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Aiken
    County
    Aiken
    State
    South Carolina
    Longitude
    -81.7462
    Latitude
    33.5289
    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
    $7,695
    $7,970
    $23,720
    $31,690
    -
    $132,750
    $395,390
    $528,140
    More about this property
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