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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    808 Market Pl Aiken, SC 29803-2863

    • Auto shops
    • 1,800 SF
    • 0.49 lot acres
    OFF-MARKET
    Last Sale
    Apr 17, 2023
    Value Estimations
    $175,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-0869992
    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

    • Johnson Construction Company of Aiken, Inc. / Construction Company
    • Absolute Green Insulation / Insulation Contractor

    Property Details for 808 Market Pl

    Year built
    2008
    Construction
    FRAME
    Lot size
    0.49 lot acres
    Property size
    1,800 SF
    Property type
    Auto shops
    APN
    122-08-08-004
    APU
    1220808004

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $215,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $130,000
      Market price range: $92.4k - $635k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $300,000
      Current use
      OFFICE BUILDING
      $280,000
      Change: -6% Conversion: Difficult
      MEDICAL BUILDING
      $270,000
      Change: -10% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Aiken
    County
    Aiken
    State
    South Carolina
    Longitude
    -81.6906
    Latitude
    33.5293
    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
    $1,361
    $2,500
    $3,260
    $5,760
    -
    $41,650
    $54,270
    $95,920

    Comparable in this City

    • Value Estimation
      $245,000
      1,195 SF

      140 Midway Cir

      AUTO REPAIR, GARAGE • 1,195 SF
      140 Midway Cir, Aiken, SC 29803-6907
      View Details
    • Value Estimation
      $335,000
      6,584 SF

      1045 Pne Log Rd

      AUTO REPAIR, GARAGE • 6,584 SF
      1045 Pne Log Rd, Aiken, SC 29803-7311
      View Details
    • Value Estimation
      $290,000
      5,960 SF

      2298 Whiskey Rd

      AUTO REPAIR, GARAGE • 5,960 SF
      2298 Whiskey Rd, Aiken, SC 29803-6141
      View Details
    • Value Estimation
      $275,000
      3,000 SF

      4481 Whiskey Rd

      AUTO REPAIR, GARAGE • 3,000 SF
      4481 Whiskey Rd, Aiken, SC 29803-8513
      View Details
    • Value Estimation
      $175,000
      2,960 SF

      924 Pne Log Rd

      AUTO REPAIR, GARAGE • 2,960 SF
      924 Pne Log Rd, Aiken, SC 29803-6638
      View Details
    • Value Estimation
      $265,000
      6,000 SF

      3773 Whiskey Rd

      AUTO REPAIR, GARAGE • 6,000 SF
      3773 Whiskey Rd, Aiken, SC 29803-9099
      View Details

    Similar Nearby for Sale

    • $1,175,000
      2.45 Acres

      Aiken Commercial Development Land

      High-Visibility 2.45-Acre Tract
      770 Pine Log Rd, Aiken, SC 29803
      View Details
    • $1,890,000
      6,575 SF

      Aiken Development Property For Sale

      Large development property with multiple buildings, all currently occupied.
      949-951 Dougherty St, Aiken, SC 29803
      View Details
    • $275,000
      3,000 SF

      Whiskey Road Retail Opportunity

      Aiken, SC Retail Space - $275,000
      4481 Whiskey Rd, Aiken, SC 29803
      View Details
    • $599,000
      6,043 SF

      Aiken Commercial Opportunity For Sale

      Mixed-use commercial property with store front, office, warehouses, and residence.
      1008 Owens St, Aiken, SC 29803
      View Details
    • $599,000
      1,702 SF

      Aiken Mixed-Use Investment

      1,702 SF, 1.2-acre lot, prime location.
      905 Murrah Dr, Aiken, SC 29803
      View Details
    • $3,125,000
      4,298 SF

      Retail Property in Aiken, SC

      Retail property available for sale in Aiken, South Carolina.
      1360 Whiskey Rd, Aiken, SC 29803
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      2,137 SF

      Retail Space on Whiskey Road

      Retail space with high traffic and ample parking.
      1944 Whiskey Rd, Aiken, SC 29803
      View Details
    • Contact for pricing
      75,716 SF

      East Gate Shopping Center Space

      Publix-anchored retail space; high visibility.
      250 Gate Dr, Aiken, SC 29803
      View Details
    • $12 SF/Yr
      95,429 SF

      Mitchell Center Retail Space

      Aiken, SC retail space available.
      1573 Whiskey Rd, Aiken, SC 29803
      View Details
    • $18 SF/Yr
      2,400 SF

      Shoppes at Whiskey: Retail Space Available

      High-traffic retail space, Aiken County.
      161 Aiken Ln, Aiken, SC 29803
      View Details
    • $7 SF/Yr
      6,720 SF

      Retail Space Available For Rent

      Retail space available for lease in Aiken, South Carolina.
      601 North Main St, Aiken, SC 29803
      View Details
    • Contact for pricing
      2,200 SF

      Aiken Retail Outparcel Opportunity

      Prime Aiken location, 2,200 SF build-to-suit.
      1026 Pine Log Rd, Aiken, SC 29803
      View Details
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    808 Market Pl
    Aiken, SC 29803-2863
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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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