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

    TBD Oak Lawn Dr. Georgetown, SC 29440

    View on Map
    Claim this Listing
    For Sale
    $279,900

    Residential Lot - Georgetown, SC

    Type:Single Family Residence
    Lot size:
    0.44 Acres
    Added:
    Feb 20, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 10 at 12:06 am

    Property Features for TBD Oak Lawn Dr.

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    res
    Security features
    Gated Community, Security
    Exterior features
    Home Owners Assoc. Fees, Restrictions, Long Term Rental Allowed, Owner Allowed Motorcycle, Owner Allowed Golf Cart
    Fencing
    Gate
    Standard status
    Active
    Lot size
    0.44 Acres

    Taxes and HOA fees

    Expense value
    215
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jeff Forman
    Jeff Forman

    Listing agent Jeff Forman

    Listing office Keller Williams The Forturro G 1801 N Oak Street, Myrtle Beach, SC

    Listing date Feb 20, 2026

    MLS# 2604599 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

    Water View Double Residential Lot

    This property features a double residential lot with water views, situated within the South Island Plantation in Georgetown, South Carolina. The lot spans 0.44 acres and offers home construction possibilities. The property's location within the community provides a unique opportunity for acquiring two lots.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Georgetown
    County
    Georgetown
    State
    South Carolina
    Longitude
    -79.2815
    Latitude
    33.6042

    Nearby Similar for Sale

    • $695,000
      3,432 SF

      Georgetown Restaurant Opportunity For Sale

      Former restaurant on 1.73 acres in Georgetown, South Carolina.
      1740 Highmarket St., Georgetown, SC 29440
      View Details
    • $349,900

      Commercially Zoned Land in Georgetown

      3.37 acres of commercially zoned land in historic Georgetown, SC.
      3120 Highmarket Street, Georgetown, SC 29440
      View Details
    • $349,900

      Georgetown Commercial Land Opportunity

      Prime commercial land in historic Georgetown, SC, for sale.
      3120 Highmarket St., Georgetown, SC 29440
      View Details
    • $3,000,000
      21,330 SF

      Versatile Commercial Property, Georgetown, SC

      21,330 SF commercial property on 2.7 acres for sale.
      69 Jessamine Ave., Georgetown, SC 29440
      View Details
    • $1,600,000
      3,600 SF

      Plantersville General Store Opportunity

      Established convenience store serving the Plantersville community and travelers.
      13812 Fraser St., Georgetown, SC 29440
      View Details
    • $225,000

      Georgetown Commercial Lot For Sale

      2.15 acre commercial lot in Georgetown, South Carolina.
      LOT 11-TBD Old Charleston Rd., Georgetown, SC 29440
      View Details
    • $589,000

      Waterfront Lot in Gated Community

      Residential lot in waterway community with planned amenities.
      Lot 177 Cravens St., Georgetown, SC 29440
      View Details
    • $355,000
      2,500 SF

      Georgetown Retail Opportunity on HWY 51

      3-acre parcel with 2,500 SF building on HWY 51.
      7914 Browns Ferry Rd., Georgetown, SC 29440
      View Details
    • $324,900

      Georgetown Land with Highway Frontage

      5.9+ acre commercial land with highway frontage on US Hwy 17.
      11473 S Fraser Street, Georgetown, SC 29440
      View Details
    • $475,000

      Residential Lot in Gated Community

      Homesite in DeBordieu Colony with golf course views.
      Lot 173 Sanderling Ave., Georgetown, SC 29440
      View Details
    • $99,000

      Georgetown Residential Lot For Sale

      5.64 acre residential lot near Black River.
      Lot 8 Amos Rd, Georgetown, SC 29440
      View Details
    • $99,000

      Georgetown Residential Lot Near Black River

      5.13 acre residential lot near Black River landing.
      Lot 1 Amos Rd, Georgetown, SC 29440
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential double lot with water views in Georgetown, SC.
    Where is this residential land & home lot located?
    The property is located at TBD Oak Lawn Dr. Georgetown, SC.
    What is the asking price?
    The asking price for this property is $279,900.
    What are key features of this property?
    This property features: Double lot (.44 Acres) offering unique home possibilities.; Water view property.; Located in the prestigious South Island Plantation community.
    (843) 443-9400
    We can help!
    Listing Contact
    Jeff Forman
    Jeff Forman
    Real Estate License ID: 111037
    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!