Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    00 Highway 38 N Bennettsville, SC 29512

    Sponsored
    For Sale
    $1,368,000

    Vacant Land - Bennettsville, SC

    Lot size:
    240.10 Acres
    Days on Market:
    240
    Last Refresh:
    Jan 28 at 5:06 pm

    Property Features for 00 Highway 38 N

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0090102034
    Parking features
    Garage
    Lot size
    240.10 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Marc Baysek

    Iron Horse Commercial Properties (910) 997-2248

    Listing agent Marc Baysek (910) 997-2248

    Listing date Jun 3, 2025

    MLS# 11505976 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    240 Acres Hunting Land

    This property consists of 240.1 acres of recreational hunting land situated on Hwy 38 N in Marlboro County, South Carolina, conveniently located near the North Carolina state line. The land features road frontage, an established interior road system, and frontage on Naked Creek. The property is located in Bennettsville, SC.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bennettsville
    County
    Marlboro
    State
    South Carolina
    Longitude
    -79.708085
    Latitude
    34.752964

    Nearby Similar for Sale

    • $300,000
      1,385 SF

      Auto Salvage Yard For Sale

      Thriving auto salvage yard with high-volume inventory in Bennettsville, SC.
      426 Salem Rd, Bennettsville, SC 29512
      View Details
    • $167,999
      1,344 SF

      Bennettsville Car Lot For Sale

      3-acre car lot with shop and office space.
      840 Hwy 401 W, Bennettsville, SC 29512
      View Details
    • $1,500,000
      16,247,880 SF

      Commercial Property in Bennettsville, SC

      3.73 acre commercial property with high traffic visibility.
      805 West Main Street Ext, Bennettsville, SC 29512
      View Details
    • New
      $399,000
      75.40 Acres

      75 Acre Farm/Estate Opportunity

      75 acre farm and estate property in Bennettsville, South Carolina.
      385 & Family Farm Rd, Bennettsville, SC 29512
      View Details
    • $285,000
      1,600 SF

      Commercial Building in Bennettsville, SC

      Commercial building for sale in Bennettsville, South Carolina.
      117 Hwy 15-401 Byp E, Bennettsville, SC 29512
      View Details
    • $300,000
      6,500 SF

      Bennettsville Commercial Building For Sale

      6,500 SF retail building on 0.88 acres.
      300 Main Street Ext, Bennettsville, SC 29512
      View Details
    • $2,320,000
      3,329 SF

      New KFC NNN Lease

      New 20-year NNN lease with attractive rental escalations.
      477 Hwy 15-401 Byp W, Bennettsville, SC
      View Details
    • $174,999

      Car Lot with Shop

      3-acre car lot with shop and office space.
      840 15-401 Byp W, Bennettsville, SC 29512
      View Details
    • $225,000
      1.10 Acres

      Prime Bennettsville Commercial Property

      Former Bank, Corner Lot, High Traffic
      405 Main St, Bennettsville, SC 29512
      View Details
    • $30,000
      23,958 SF

      Bennettsville Commercial Building

      High-traffic location, great investment!
      Highway 15-401, Bennettsville, SC 29512
      View Details
    • Contact for pricing
      0.50 Acres

      Bennettsville Commercial Land Investment

      High-traffic location, three parcels included.
      101 Stornaway St, Bennettsville, SC 29512
      View Details
    • $519,900
      14.20 Acres

      Profitable Bennettsville Poultry Farm

      14.2-Acre Farm, 4 Broiler Houses, Owner Financing
      100 Lulu Ln, Bennettsville, SC 29512
      View Details

    FAQs

    What type of property is this?
    Land - Recreational land with road frontage and creek access.
    Where is this land located?
    The property is located at 00 Highway 38 N Bennettsville, SC.
    What is the asking price?
    The asking price for this property is $1,368,000.
    What are key features of this property?
    This property features: - 240 Acres of recreational hunting land.; - Located on Hwy 38 N in Marlboro County SC.; - Minutes from the NC state line.
    (910) 997-2248
    Request Owner's contact information
    00 Highway 38 N Bennettsville, SC 29512
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    00 Highway 38 N
    Bennettsville, SC 29512
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    00 Highway 38 N Bennettsville, SC 29512
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Marc Baysek
    (910) 997-2248
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.