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    109 Gin House Rd Abbeville, SC 29620

    For Sale
    $140,000

    Abbeville Industrial Property - 3 Acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 3-acre property presents a rare investment opportunity in Abbeville, South Carolina. The centerpiece is a historic cotton gin building situated at the intersection of Gin House Road and Dry Hollow Road, offering immense potential for diverse commercial ventures. Envision transforming this iconic landmark into a unique wedding venue, capitalizing on its charm and ample space. Alternatively, its location, just three miles from Lake Secession's Purdy Shores boat ramp, makes it ideal for boat storage. The possibilities extend to an Airbnb, a mechanic's garage, or countless other businesses. Adding to its appeal is a charming one-bedroom, one-bathroom home situated on the property, providing immediate residential use or potential rental income. The property's total acreage includes 1.9 acres zoned commercial (where the cotton gin is located) and an additional 1.11 acres zoned residential, offering flexibility and expansion possibilities. The property is priced at $140,000, representing a significant value for its size, location, and historical significance. This is a chance to own a piece of Abbeville's heritage while establishing a thriving business. The property's versatility and prime location make it an attractive investment with significant upside potential. Don't miss this unique opportunity to acquire a piece of history and build your future.

    Property Features for 109 Gin House Rd

    General Information

    Property type
    Industrial properties
    Lot Size
    130,680 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Wholesale Shop Clothing Store Auto Parts Store Gym & Fitness Department Store Italian Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Abbeville
    County
    Abbeville
    State
    South Carolina
    Longitude
    -82.54327
    Latitude
    34.3025

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    FAQs

    What type of property is this?
    Industrial property - Abbeville Industrial Property - 3 Acres
    Where is this industrial property located?
    The property is located at 109 Gin House Rd Abbeville, SC.
    What is the asking price?
    The asking price for this property is $140,000.
    (864) 229-6922
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    109 Gin House Rd Abbeville, SC 29620
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    Abbeville, SC 29620
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    Realmo Value Estimation

    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.

    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.

    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
    109 Gin House Rd Abbeville, SC 29620
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