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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

834 Augusta Rd Warrenville, SC 29851-2944

2,820 SF 2.28 ac lot Built 1970
Entity Owned 16-yr Hold ~ Est. High Equity
Property ID
US77-1436387
Property summary
AI-generated overview

This exceptional 3,000 square foot retail property, located at 834 Augusta Road in Warrenville, South Carolina (zip code 29851), presents a unique redevelopment opportunity. Situated on a 2.32-acre lot, this single-story, 1970-built building (APN: 069 11 06 011) benefits from a prime location on Augusta Road, a thoroughfare with a daily traffic count of 6,500 vehicles. The property is undergoing a complete renovation, including a "Vanilla Box" interior fit-out suitable for a convenience store and small retail spaces, along with exterior facade improvements. This revitalization is projected for completion within six months. The property's strategic location is further enhanced by the proximity to Warren Mill Lofts, a new 205-unit residential development slated to open in Winter 2024, featuring amenities such as a resort-style pool, 24-hour fitness center, clubhouse, and lounge. This burgeoning residential community adds significant potential for increased foot traffic and customer base. Following the completion of renovations, the tenant will be responsible for all property-related costs. This presents a rare chance to establish a thriving business in a rapidly developing area.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,820 SF
Lot 2.28 ac (99,317 SF)
APN 069-11-06-011
UPID US77-1436387
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Mo-co LLC · 16 yrs held
Mo-co LLC
since 2010
5 recorded transactions
2010
$75,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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