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Zoned C-2 Brick Ranch Acreage
For Sale
$449,000
Pending

1504 E Rutherford Street, Landrum, SC 29356

COMMERCIAL - Landrum, SC

Property Size1,875 SF
Lot Size1.59 Acres
Days on Market17

Property Features for 1504 E Rutherford Street

General Information

Property type Commercial Sale
Property subtype Other
Subdivision 015
Standard status Pending
APN 1-08-03-002.00
Lot size 1.59 Acres

Utilities

Heating system Electric (Heating)
Water source Public

Building Details

Flooring type Tile, Linoleum, Wood
Building materials Brick
Roof type Aluminum
Listing Agency: Keller Williams Realty
Listed By: Michelle Manion · License #103073
Added: Jul 19 Changed: Aug 4 Last Checked: Aug 4 at 10:06PM
MLS# 1592392

Copyright © 2026 Greater Greenville Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property is a brick ranch home with 4 bedrooms and 2.5 bathrooms, accompanied by a full unfinished basement. The residence includes approximately 1,875 square feet of finished living area, with the basement providing additional space suitable for storage, a workshop, or future expansion depending on the buyer’s plans. Outside, the property includes a fenced backyard and additional land area that can support parking, equipment storage, or other improvements.

The site spans 1.59 acres and offers road frontage on both E Rutherford Street and Kirby Street. It is located in the heart of downtown Landrum near shops, restaurants, schools, parks, and everyday conveniences. The property is zoned C-2, supporting a range of residential, office, business, investment, or mixed-use possibilities. Public water is connected, and public sewer is available, though the home is currently serviced by septic.

For buyers seeking a live-work arrangement, office or business use, or a conversion-minded setup, the combination of a functional ranch layout and a full unfinished basement can help accommodate different operating needs. The two-street frontage and C-2 zoning add flexibility for future use planning, subject to approvals. The property is being sold as-is, and appointments are required—please do not walk the property without scheduling a showing.

Key Highlights

  • Brick ranch on 1.59 acres with road frontage on both E Rutherford St and Kirby St
  • 4 bedrooms and 2.5 bathrooms with approximately 1,875 SF of living space
  • Full unfinished basement for storage, workshop space, or potential future finishing (sold as‑is)

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $45.2k $24.12
− Vacancy −$6.6k −$3.51
EGI $38.6k $20.61
− OpEx −$9.7k −$5.15
NOI $29.0k $15.46
1,875 SF · lease $24.12/SF/yr · vacancy 14.55% · expense 25.00%

Alternative Uses

Best Use
Office B
$414.1K
$362.3K – $483.1K (±1% cap)
NOI $28,984 @ 7.0% cap · market cap 6.46%
Second Best
Mixed Use
$353.6K
$309.4K – $412.5K (±1% cap)
NOI $24,750 @ 7.0% cap · market cap 5.51%
Theoretical Best
Warehouse
$1.46M
$1.27M – $1.70M (±1% cap)
NOI $101,892 @ 7.0% cap · market cap 22.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Law Firm Building Supply Auto Repair Shop Electrical Service Auto Parts Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

151
Businesses Nearby

Demographics for 29356, SC

8,893
Population
4,434
Households
2
Avg Household Size
51
Median Age
35%
College-Educated
90%
High-School Grad
82.1 sq mi
ZIP Area
108
Density / Sq Mi
$60,911
Median Household Income
$43,119
Median Earnings
$632
Median Rent
$273,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Single family property - Brick ranch on 1.59 acres with C-2 zoning, two-street frontage, and an unfinished basement for flexible future use.
Where is this single family property located?
The property is located at 1504 E Rutherford Street Landrum, SC.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Brick ranch on 1.59 acres with road frontage on both E Rutherford St and Kirby St; 4 bedrooms and 2.5 bathrooms with approximately 1,875 SF of living space; Full unfinished basement for storage, workshop space, or potential future finishing (sold as‑is)
More about this property
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