Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    2491 and 2483 Main Street Elgin, SC 29045

    View on Map
    Claim this Listing
    For Sale
    $495,000

    Commercial - Elgin, SC

    Lot size:
    0.48 Acres
    Added:
    Mar 19, 2026
    Days on Market:
    49
    Last Refresh:
    May 6 at 12:06 pm

    Property Features for 2491 and 2483 Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    GC-1
    Standard status
    Active
    APN
    335-18-00-024
    Lot size
    0.48 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Marion Brisbon

    Listing agent Marion Brisbon

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

    Listing date Mar 19, 2026

    MLS# 629494 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

    • Prime corner lot location at the intersection of US‑1 (Main Street) and Church Street.
    • High visibility due to its location at a traffic light.
    • Significant road frontage: 209.51 feet on US‑1 (Main Street) and 100 feet on Church Street.
    • Includes adjacent lot at 2483 Main Street (335‑18‑00‑025).
    • Ideal for business development with many possibilities.
    • Sold As‑Is, offering a clean slate for development (building has no value).

    Overview

    Prime Commercial Corner Lot

    This commercial lot is located on the corner of US-1 (Main Street) and Church Street in Elgin. The property has 209.51 feet of frontage on US-1 (Main Street) and 100 feet of frontage on Church Street. The connecting lot at 2483 Main Street is included in the sale. The property is zoned GC-1, offering possibilities for development. The existing building has no value and the lot is sold strictly As-Is. The lot size is 0.48 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Kershaw
    State
    South Carolina
    Longitude
    -80.793063
    Latitude
    34.169743

    Nearby Similar for Sale

    • $220,000
      200 SF

      Corner Lot with Office Space

      0.69 acre lot with office space in Elgin, SC.
      10804 Two Notch Road, Elgin, SC 29045
      View Details
    • $50,000

      Spacious Homesite in Established Neighborhood

      0.85-acre homesite in Elgin, SC, ready for your dream home.
      62 Choctaw Circle, Elgin, SC 29045
      View Details
    • $72,000

      Elgin Commercial Land For Sale

      Commercial land suitable for a small business or shop.
      759 Kirkland Circle, Elgin, SC 29045
      View Details
    • $165,360

      Elgin Vacant Land Opportunity

      Acreage living near Blythewood, build your dream home!
      0032 Hidden Valley Road, Elgin, SC 29045
      View Details
    • $225,000

      Corner Lot in Elgin, SC

      0.6 acre corner lot, one block from Highway 1.
      2418 Campbell Street, Elgin, SC 29045
      View Details
    • $701,225
      4,007 SF

      Boutique Office Building For Sale

      4,007 SF office building in Woodcreek Farms development.
      1710 Woodcreek Farms Rd, Elgin, SC 29045
      View Details
    • $365,000
      1,934 SF

      Elgin Office Building For Sale

      Standalone office building in Elgin, SC, with expansion potential.
      1253 Pine St, Elgin, SC
      View Details
    • $40,000

      Residential Land in Quiet Area

      Acreage living near Blythewood, build your dream home!
      002 Peake Road, Elgin, SC 29045
      View Details
    • $148,950

      Land for Dream Home in Elgin

      Acreage for custom home in Richland County, near Blythewood.
      030 Peake Road, Elgin, SC 29045
      View Details
    • $135,450

      Elgin Vacant Land Opportunity

      Acreage living near Blythewood, build your dream home!
      022 Peake Road, Elgin, SC 29045
      View Details
    • $122,100

      Land for Dream Home in Elgin

      Acreage living near Blythewood, build your dream home!
      014 Peake Road, Elgin, SC 29045
      View Details
    • $125,895

      Elgin, SC Vacant Land

      Acreage living near Blythewood, 30 minutes from downtown Columbia.
      015 Peake Road, Elgin, SC 29045
      View Details

    FAQs

    What type of property is this?
    Commercial land - Corner commercial lot in Elgin, SC, with development potential.
    Where is this commercial land located?
    The property is located at 2491 and 2483 Main Street Elgin, SC.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: Prime corner lot location at the intersection of US‑1 (Main Street) and Church Street.; High visibility due to its location at a traffic light.; Significant road frontage: 209.51 feet on US‑1 (Main Street) and 100 feet on Church Street.
    (803) 360-2926
    We can help!
    Listing Contact
    Marion Brisbon
    Real Estate License ID: 107230
    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

    Thank You for Inquiry
    2491 and 2483 Main Street, Elgin, SC 29045
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!