Add Listing
    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

    1b Davis Lane Mullins, SC 29574

    View on Map
    Picture of Agricultural land / Farmland at 1b Davis Lane, Mullins, SC
    For Sale
    $85,000

    Acreage - Mullins, SC

    Lot size:
    5.58 Acres
    Added:
    Dec 11, 2025
    Days on Market:
    112
    Last Refresh:
    Apr 2 at 7:06 am

    Property Features for 1b Davis Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    GDD farm
    Standard status
    Active
    Lot size
    5.58 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Tarita Colite
    Tarita Colite

    Listing agent Tarita Colite

    Listing office Colite Real Estate 3070 Truluck Johnson Rd, AYNOR, SC

    Listing date Dec 11, 2025

    MLS# 2529264 Listing URL

    Copyright © 2026 Coastal Carolina 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.

    Overview

    Cleared Land in Mullins, SC

    This property features 5.58 acres of cleared land, previously utilized for farming purposes. The open fields are situated on the county side. Natural gas is available along the street, suitable for home heating, fireplaces, and utilities. There are no HOA fees or seller restrictions. This land is zoned GDD farm and is suitable for building a new home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Mullins
    County
    Marion
    State
    South Carolina
    Longitude
    -79.263425
    Latitude
    34.212748

    Nearby Similar for Sale

    • $549,900
      3,200 SF

      Turnkey Restaurant Opportunity in Mullins

      Fully equipped restaurant ready for immediate operation near downtown Mullins.
      418 W Mcintyre St, Mullins, SC 29574
      View Details
    • $549,900
      3,200 SF

      Turnkey Restaurant Opportunity in Mullins

      Fully equipped restaurant for sale near downtown Mullins, SC.
      418 W McIntyre St., Mullins, SC 29574
      View Details
    • $1,800,000
      70,000 SF

      Versatile Industrial and Commercial Complex

      73,000 SF complex for distribution, manufacturing, retail, and storage.
      122 E Laurel St, Mullins, SC 29574
      View Details
    • $89,900

      Multifamily Investment Opportunity in Mullins

      Multifamily property featuring single-family and manufactured homes requiring renovation.
      6503 Hillside Ct, Mullins, SC 29574
      View Details
    • $90,000

      Mullins Acreage with Development Potential

      Five acre lot in Mullins, South Carolina with development potential.
      1AA Davis Lane, Mullins, SC 29574
      View Details
    • $45,000

      Mullins Acreage with Utilities

      1.25 acres with septic, electric, and water available.
      lot 1 Davis Lane, Mullins, SC 29574
      View Details
    • $197,000
      15,193 SF

      Versatile Commercial Property in Mullins

      Three-building complex on 3 acres with multiple bays.
      812 S Main Street, Mullins, SC 29574
      View Details
    • $49,999

      Residential Land in Country Setting

      3.12 acres for building a new home in Mullins, SC.
      0 Millers Rd., Mullins, SC 29574
      View Details
    • $90,000

      Mullins Acreage Homesite For Sale

      High elevation acreage near downtown Mullins, ready for development.
      4335 Watermill Rd., Mullins, SC 29574
      View Details
    • $197,000

      Versatile Commercial Property in Mullins, SC

      Three-building complex on over 3 acres with multiple bays.
      812 S Main Street, Mullins, SC 29574
      View Details
    • $45,000

      Riverfront Land in Mullins, SC

      1.49 acre riverfront property on the Little Pee Dee River.
      0 Cox's Lake Ct, Mullins, SC 29574
      View Details
    • $150,000

      Mullins Homesite with Pond

      16.86 acre homesite with pond near MUSC Hospital.
      TBD Senator Gasque Hwy., Mullins, SC 29574
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 5.58 acres of cleared land, ideal for farming/new home.
    Where is this agricultural land / farmland located?
    The property is located at 1b Davis Lane Mullins, SC.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: 5.58 Acres of Cleared Land provides ample space to build.; No HOA offers freedom and flexibility.; No Seller Restrictions allows for various possibilities.
    (843) 283-6188
    We can help!
    Listing Contact
    Tarita Colite
    Tarita Colite
    Real Estate License ID: 107344
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!