Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Rembert, SC Acreage Homesite Title is generated by Realmo AI

    361 Sweet Street, Rembert, SC 29128

    View on Map
    Claim this Listing
    For Sale
    $214,500

    Acreage - Rembert, SC

    Lot size:
    11.00 Acres
    Added:
    Oct 12, 2025
    Days on Market:
    224
    Last Refresh:
    May 23 at 3:06 pm

    Property Features for 361 Sweet Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RD-1
    Standard status
    Active
    APN
    355-00-00-008
    Lot size
    11.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jeanene Campbell

    Listing agent Jeanene Campbell

    Listing office Peace Sotheby's International Realty 35 Capers Way, Pawleys Island, SC

    Listing date Oct 12, 2025

    MLS# 619402 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

    • Original 24‑stall barn with full apartment, covered round pen, and separate office with viewing deck (Lot 4).
    • Minimum 10+ acre homesites offer ample space and privacy.
    • Part of the historic Fenwick Farms, a former top Thoroughbred training center.
    • Horse‑ready setting, particularly Lot 2 with 11 acres of rolling pastures.
    • Opportunity to build a custom dream home in a tranquil country setting.
    • Electricity is already in place along the west property line.

    Overview

    This property offers a rare opportunity to own land in Rembert, SC. The original "racetrack section" of Fenwick Farms, formerly a Thoroughbred training center, is being subdivided into individual homesites. This lot is 11 acres of rolling pastures, suitable for horses and a tranquil country farmhouse. Electricity is in place along the west property line. Each homeowner will need to install their own well and septic system. This property presents a chance to own a piece of equestrian history and build a dream home in a picturesque setting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Arcade & Gaming Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Rembert
    County
    Sumter
    State
    South Carolina
    Longitude
    -80.542474
    Latitude
    34.156672

    Nearby Similar for Sale

    • $350,000

      Land on Camden Highway

      Land with road frontage, suitable for homesite or investment.
      5220 Camden Hwy, Rembert, SC 29128
      View Details
    • $400,000

      Rembert Acreage with Swift Creek

      35 acres near Camden with diverse natural features.
      1626-01 Sumter Highway, Rembert, SC 29128
      View Details
    • $540,000

      Equestrian Property with Barn & Apartment

      12.5 acre equestrian property with barn, apartment, and office.
      369 Sweet Street, Rembert, SC 29128
      View Details
    • $22,000

      Land Parcel in Rembert, SC

      Almost half-acre land parcel, ready for new owner.
      Camden Highway, Rembert, SC 29128
      View Details
    • $208,000

      Rembert Acreage Homesite Opportunity

      10.7 acre wooded homesite in Rembert, South Carolina.
      377 Sweet Street, Rembert, SC 29128
      View Details
    • $133,000

      Rembert Vacant Land with Pines

      22.84 acres in Rembert, SC with young pine trees.
      TBD Herrington Road, Rembert, SC 29128
      View Details
    • $120,000

      Land in Rembert, South Carolina

      Land with country living and wide open spaces.
      6395 Dinkins Mill Road, Rembert, SC 29128
      View Details
    • $27,900

      Residential Land in Rembert, SC

      2.36 acres of wooded residential land for sale.
      Lynnay Drive, Rembert, SC 29128
      View Details
    • $28,000

      Rembert, SC Wooded Recreational Land

      6.33-acre wooded lot perfect for recreation and relaxation.
      Rafting Creek Township, Rembert, SC 29128
      View Details
    • $72,500

      Rembert Land Ready to Build

      5 acres, partially cleared, road and culvert installed.
      Columbus Road, Rembert, SC 29128
      View Details
    • $40,000

      Land in Rembert, South Carolina

      Four acre wooded land parcel in Rembert, South Carolina.
      Rafting Creek Twns, Rembert, SC 29128
      View Details
    • $50,000

      Land in Rembert, SC

      5.1 acres of wooded land for sale in Rembert.
      Kirkland Road, Rembert, SC 29128
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 11 acre homesite in Rembert, SC.
    Where is this agricultural land / farmland located?
    The property is located at 361 Sweet Street Rembert, SC.
    What is the asking price?
    The asking price for this property is $214,500.
    What are key features of this property?
    This property features: Original 24‑stall barn with full apartment, covered round pen, and separate office with viewing deck (Lot 4).; Minimum 10+ acre homesites offer ample space and privacy.; Part of the historic Fenwick Farms, a former top Thoroughbred training center.
    (843) 325-6069
    We can help!
    Listing Contact
    Jeanene Campbell
    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
    361 Sweet Street, Rembert, SC 29128
    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!