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    112 Hunting Creek Road Hopkins, SC 29290

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    For Sale
    $864,000

    Commercial - Hopkins, SC

    Property size:
    4,312 SF
    Lot size:
    4.76 Acres
    Price / SF:
    $200/SF
    Added:
    Sep 26, 2025
    Days on Market:
    225
    Last Refresh:
    May 8 at 1:06 am

    Property Features for 112 Hunting Creek Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Parking
    100
    Standard status
    Active
    APN
    24708-01-01
    Size
    4,312 SF
    Lot size
    4.76 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1971
    Floors in Building
    2
    Building materials
    Frame
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Mary Morgan Kerlagon

    Listing agent Mary Morgan Kerlagon

    Listing office JPAR Magnolia Group 631-14 Promenade Place, Lexington, SC

    Listing date Sep 26, 2025

    MLS# 618331 Listing URL

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

    HighLights

    • Successful, fully renovated event venue with established income.
    • Includes all business assets, website, existing contracts, and reservations.
    • 321 sq ft air‑conditioned event building with dressing rooms, main event area, and loft.
    • Over four acres with diverse facilities: covered patio, Jr. Olympic‑sized pool, tennis courts, snack bar, and storage buildings.
    • Suitable for a wide range of events: weddings, parties, corporate events, and summer swim programs.
    • Ample parking: space for 100 vehicles.

    Overview

    Turnkey Event Venue with Pool

    This commercial property in Hopkins, SC, presents a turnkey opportunity with the business and property being sold together. The property has been completely renovated over the last four years and has been successfully operated as an event venue. The 4312 square foot air-conditioned building includes dressing rooms, a main event area, and a loft. Outdoor amenities include a covered patio, a Jr. Olympic-sized pool, and tennis courts. The pool has been utilized by local schools and private parties for swim team practices and lessons from Memorial Day to Labor Day. Situated on over four acres, the property offers potential for various uses. Additional facilities include two out storage buildings and a snack bar area. The property has parking for 50 cars on either side of the entry drive and parking for an additional 50 cars in the lot at the back of the property. Contracts and reservations for future events, the website, and all business assets will convey with the property. It has been successfully utilized as a wedding venue and for other events like birthday parties, retirement parties, engagement parties, baby and wedding showers, and corporate events.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wedding venues

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Dental Office Hotel & Motel Gym & Fitness Center Pharmacy Skin Care Clinic Food Market Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hopkins
    County
    Richland
    State
    South Carolina
    Longitude
    -80.856204
    Latitude
    33.948232

    FAQs

    What type of property is this?
    Wedding venue - Established event venue with pool, tennis courts, and future bookings.
    Where is this wedding venue located?
    The property is located at 112 Hunting Creek Road Hopkins, SC.
    What is the asking price?
    The asking price for this property is $864,000.
    What are key features of this property?
    This property features: Successful, fully renovated event venue with established income.; Includes all business assets, website, existing contracts, and reservations.; **321 sq ft air‑conditioned event building** with dressing rooms, main event area, and loft.
    (803) 360-2926
    We can help!
    Listing Contact
    Mary Morgan Kerlagon
    Real Estate License ID: 48110
    Learn More
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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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    112 Hunting Creek Road, Hopkins, SC 29290-6196
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