834 Augusta Rd Warrenville, SC 29851-2944
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.