871 Edgefield Rd North Augusta, SC 29841-2420
- Office buildings
- 240 SF
- 5.54 lot acres
Current Use by Public Records
- Adams Insulation / Insulation Contractor
- Harbin Lumber Company, Inc. - Lumber Yard / Lumber Store / Building Materials Store
Property Details for 871 Edgefield Rd
- Year built
- 2000
- Construction
- WOOD
- Lot size
- 5.54 lot acres
- Property size
- 240 SF
- Property type
- Office buildings
- APN
- 011-11-01-001
- APU
- 111101001
Description
This exceptional commercial land offering presents a unique investment opportunity in the thriving North Augusta, South Carolina market. Located at 871 Edgefield Rd, 29841, Aiken County, this property comprises two strategically positioned parcels totaling 7.63 acres. One parcel, situated along Edgefield Road, encompasses 2.95 acres, while the second, bordering Ascauga Lake Road, offers 4.68 acres. Both parcels boast high visibility and accessibility, directly adjacent to the soon-to-open Parker’s Kitchen. This prime location ensures significant exposure to a substantial customer base. The property's versatility is further enhanced by its potential for subdivision into smaller, more manageable parcels, catering to a wider range of development needs and investment strategies. The asking price for this combined land holding is $850,000, representing a compelling entry point into the dynamic North Augusta commercial real estate market. With its strategic location, flexible parcel sizes, and proximity to a new commercial establishment, this property presents a rare opportunity for significant return on investment. The latitude and longitude coordinates are 33.5541169, -81.9333623 respectively.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,910,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,110,000
- 6.5%
- $2,030,000
- 7%
- $2,115,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,190,000
- Geo Method
- $2,005,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,315,000
- Retail
- $2,105,000
- Mixed-Use
- $1,865,000
- Hospitality
- $2,215,000
- Educational
- $2,275,000
- Residential Income
- $2,380,000
- Energy
- $2,505,000
- Income-Based Land
- $2,425,000
- Food Service
- $1,940,000
Location Insight
- Map
- Local Demand
- City
- North Augusta
- County
- Aiken
- State
- South Carolina
- Longitude
- -81.9334
- Latitude
- 33.554
- CBSA code
- 12260
- CBSA name
- AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA