Retail Property with Metal
For Sale
$350,000
7914 Browns Ferry Rd., Georgetown, SC 29440
COMMERCIAL/INDUSTRIAL, Georgetown, SC
Property Size2,500 SF
Lot Size3.00 Acres
Price / SF$140
Days on Market408
Property Features for 7914 Browns Ferry Rd.
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
VR-10
Subdivision
52A Georgetown Area--Black River/northeast of Gtown between Choppee & 51
Standard status
Active
Size
2,500 SF
Lot size
3.00 Acres
Building Details
Floors in Building
1
Number of units
1
Listing Agency:
Tidewater Properties · Tucker Associates
(843) 833-1362
Listed By:
Robert McCants · License #106295
(843) 833-1362
Added: Jul 17, 2025
Changed: Aug 19
Last Checked: Aug 28 at 7:06AM
MLS# 2517480
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.
Investment Insights
Based on property information with market context.
A 3-acre commercial parcel includes a 2,500 square foot metal building. The building has recently been updated with fresh interior paint and is secured by a new fence. A concrete parking lot is in place on the site.
The property is located on HWY 51 in Georgetown County and offers approximately 455 feet of frontage. Access is available from two side streets. Public water and sewer utilities are stated as readily available.
Zoned VR-10, the remarks describe versatility for uses including timber activities and feed and seed shops. The listing also notes possible concepts such as a mobile home park, hobby shop, laundromat, restaurant, or day care center, depending on tenant and approval requirements.
The property is located on HWY 51 in Georgetown County and offers approximately 455 feet of frontage. Access is available from two side streets. Public water and sewer utilities are stated as readily available.
Zoned VR-10, the remarks describe versatility for uses including timber activities and feed and seed shops. The listing also notes possible concepts such as a mobile home park, hobby shop, laundromat, restaurant, or day care center, depending on tenant and approval requirements.
Key Highlights
- 3‑acre parcel in Georgetown County on Hwy 51 with Village Residential zoning and residential/commercial possibilities
- 2,500 SF metal building with recent interior paint and a new fence
- Concrete parking lot plus 455 ft of frontage on Hwy 51
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,925
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$598,500
$598.5K
Cap Rate 7%
$427,500
$427.5K
Cap Rate 9%
$332,500
$332.5K
Market Conditions
NOI Build-Up for 2,500 SF
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.
Gross rent
$45.0K $18.00/SF
− Vacancy
−$2.3K −$0.90/SF
EGI
$42.8K $17.10/SF
− OpEx
−$12.8K −$5.13/SF
NOI
$29.9K $11.97/SF
Area
Georgetown County, SC
Vacancy
5.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$598,500
Cap Rate 7%
$427,500
Cap Rate 9%
$332,500
Alternative Uses
Best Use
Retail
$427.5K
$374.1K – $498.8K
NOI $29,925 @ 7.0% cap · market cap 8.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$685.7K
$600.0K – $800.0K
NOI $48,000 @ 7.0% cap · market cap 13.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Explore this area
Business Placement
Demographics for 29440, SC
27,451
Population
13,845
Households
2
Avg Household Size
46
Median Age
23%
College-Educated
89%
High-School Grad
523.1 sq mi
ZIP Area
52
Density / Sq Mi
$54,926
Median Household Income
$33,636
Median Earnings
$912
Median Rent
$160,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - 3-acre parcel with a 2,500 sf metal building, concrete parking, and 455 feet of frontage on HWY 51.
Where is this commercial land located?
The property is located at 7914 Browns Ferry Rd. Georgetown, SC.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3‑acre parcel in Georgetown County on Hwy 51 with Village Residential zoning and residential/commercial possibilities; 2,500 SF metal building with recent interior paint and a new fence; Concrete parking lot plus 455 ft of frontage on Hwy 51
