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

    510 Anderson Drive Laurens, SC 29360

    View on Map
    For Sale
    $200,000

    Commercial - Laurens, SC

    Property size:
    2,000 SF
    Added:
    Feb 19, 2026
    Days on Market:
    40
    Last Refresh:
    Mar 31 at 9:06 pm

    Property Features for 510 Anderson Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    N/A
    Parking features
    Parking Lot
    Standard status
    Active
    Size
    2,000 SF

    Utilities

    Heating system
    None (Heating)
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1986
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Block
    Architectural style
    Other

    We can help!

    Listing Contact
    Nikki Kirk

    Listing agent Nikki Kirk

    Listing office Xsell Upstate 490 Garlington Rd, SC

    Listing date Feb 19, 2026

    MLS# 137264 Listing URL

    Copyright © 2026 Greenwood 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

    Versatile Commercial Shop Space

    This commercial property in Laurens, SC, presents an opportunity for various business operations. The 2,000 square-foot space is suitable for automotive services, contractors, specialty trades, or light industrial operations. It features a spacious shop area with high ceilings and roll-up bay doors for equipment access. The property also includes a dedicated customer waiting area, a private upstairs office space, a restroom, and on-site parking. The property's location provides convenient access to major roads, enhancing visibility and accessibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walker Muffler Shop Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Laurens
    County
    Laurens
    State
    South Carolina
    Longitude
    -82.0394331
    Latitude
    34.5015778

    Nearby Similar for Sale

    • $200,000

      Commercial Shop Space For Sale

      Well-maintained commercial shop space ideal for various business operations.
      510 Anderson Drive, Laurens, SC 29360
      View Details
    • $279,900
      1,750 SF

      Laurens Retail Space For Sale

      Retail space in high-visibility location, currently a coin laundry.
      317 Fleming St., Laurens, SC 29360
      View Details
    • $379,000
      2,790 SF

      Laurens Commercial Building For Sale

      Commercial building with two business suites, suitable for various uses.
      328 Hillcrest Dr, Laurens, SC 29360
      View Details
    • $600
      5,943 SF

      Remodeled Office Suites in Downtown

      Move-in ready office suites in a prime downtown location.
      221 W Laurens St, Laurens, SC 29360
      View Details
    • $375,000
      4,600 SF

      Historic Square Mixed-Use Investment

      Mixed-use property with retail and residential income potential.
      111 West Public Square, Laurens, SC 29360
      View Details
    • $2,999,000

      New Retail Property For Sale

      New construction retail property with a 15-year lease.
      913 E Main Street, Laurens, SC 29360
      View Details
    • $375,000
      2 SF

      Retail/Office Opportunity in Laurens, SC

      Retail or office space for sale in Laurens, South Carolina.
      210 Hillcrest Dr | Laurens, SC 29360, SC 29360
      View Details
    • $6,851,000
      4,079 SF

      New 7-Eleven Investment Opportunity

      Modern gas station with long-term lease in Laurens, SC.
      21402 US-221, Laurens, SC
      View Details
    • $64,403,460
      1,170,972 SF

      Rail-Served Warehouse and Distribution Facility

      Upstate South Carolina warehouse and distribution facility near I-385.
      101 Michelin Dr, Laurens, SC 29360
      View Details
    • $375,000
      2,600 SF

      Retail/Office Opportunity in Laurens

      2,600 SF retail/office space for sale in Laurens, SC.
      210 Hillcrest Dr, Laurens, SC 29360
      View Details

    FAQs

    What type of property is this?
    Flex space - Well-maintained commercial shop with office space in Laurens, SC.
    Where is this flex space located?
    The property is located at 510 Anderson Drive Laurens, SC.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Spacious shop area with high ceilings, suitable for various commercial uses.; Roll‑up bay doors for easy equipment and vehicle access.; Dedicated customer waiting area.
    (864) 270-6108
    We can help!
    Listing Contact
    Nikki Kirk
    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!