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

    Russell Rd Hartsville, SC 29550

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $130,000

    Auto shop with secure storage lot, ideal for towing.

    Type:General Commercial
    Property size:
    1,800 SF
    Price / SF:
    $72/SF
    Added:
    Dec 23, 2023
    Days on Market:
    853
    Last Refresh:
    Apr 1 at 8:48 pm

    Property Features for Russell Rd

    General Information

    Standard status
    Active
    Size
    1,800 SF
    Property subtype
    General Commercial

    Building Details

    Year Built
    1994

    We can help!

    Listing Contact
    Scott Spivey

    Listing agent Scott Spivey

    Listing office Spivey Property Group, Llc

    Listing date Dec 23, 2023

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Spivey Property Group, Llc

    Overview

    Auto Shop with Secure Storage

    This property is suitable for a towing business or a cleanup and mechanical shop. The building features power, water, air conditioning, and heat. It includes a separate secure storage lot with fencing and a gate. The building has tall ceilings, approximately 20 feet high, and double drive-through bay doors that are approximately 18 feet tall. The property size is 1800 square feet.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Similar Places Nearby

    • Berry's Car Care — 1517 S Fifth St, Hartsville, SC 29550
    • Raceway Chevrolet Service — 1510 S Fifth St, Hartsville, SC 29550
    • Raceway Ford of Hartsville Service Department — 1510 S Fifth St, Hartsville, SC 29550
    • C&S Auto Care — 1826 S Fifth St, Hartsville, SC 29550
    • T & J Motors — 1812 S Fifth St, Hartsville, SC 29550

    Map

    City
    Hartsville
    County
    Darlington
    State
    South Carolina
    Longitude
    -80.069396
    Latitude
    34.352473

    Nearby Similar for Sale

    • $399,900
      4,800 SF

      Hartsville Commercial Property For Sale

      Commercial property with warehouse and office space in Hartsville, SC.
      756 S 4th Street, Hartsville, SC 29550
      View Details
    • $2,200,000

      Freestanding Retail Asset For Sale

      Highly visible retail building in a growing commercial corridor.
      310 Hartsville Crossing Boulevard, Hartsville, SC 29550
      View Details
    • $225,000
      1,820 SF

      Hartsville Commercial Property For Sale

      Commercial property in high-traffic area with offices and break area.
      464 W Carolina Ave, Hartsville, SC 29550
      View Details
    • $264,900

      Hartsville Duplex: Income-Producing Opportunity

      Two-story duplex in Hartsville, SC, with immediate rental income.
      1836/1838 Yule Pines Ln, Hartsville, SC 29550
      View Details
    • $189,900

      Hartsville Multi-Unit Investment Opportunity

      Five-unit property near Coker University, ideal for investors.
      828 Jones Cir, Hartsville, SC 29550
      View Details
    • $265,000
      3,258 SF

      Hartsville Commercial Office For Sale

      Commercial office space available for purchase in Hartsville, South Carolina.
      640 S Fourth Street, Hartsville, SC 29550
      View Details
    • $265,000
      1,100 SF

      Hartsville Commercial Building For Sale

      Commercial building in high-traffic area, suitable for retail.
      130 S Sixth St, Hartsville, SC 29550
      View Details
    • $222,900

      Versatile Land Tract in Hartsville

      27.54-acre tract with timber, open field, and pecan orchard.
      East Home Ave/ East Carolina Avenue, HARTSVILLE, SC 29550-0000
      View Details
    • $425,000
      4,500 SF

      Hartsville Retail Investment Opportunity

      4,500 sq ft building, $30,000 annual rent.
      524 Poole St, Hartsville, SC 29550
      View Details
    • $1,100,000
      5,000 SF

      Hartsville Office Building For Sale

      5,000 sq ft office building in the heart of Hartsville.
      146 Cargill Way, Hartsville, SC 29550
      View Details
    • $250,000
      2,400 SF

      Fully Leased Commercial Property

      Commercial property for sale, currently fully leased.
      518 Poole St, Hartsville, SC 29550
      View Details
    • $2,200,000
      18,000 SF

      Freestanding Retail Building on Main Thoroughfare

      Highly visible 18,000 SF retail building with ample parking.
      310 Hartsville Crossing Boulevard, Hartsville, SC 29550
      View Details

    FAQs

    What type of property is this?
    Auto shop - Auto shop with secure storage lot, ideal for towing.
    Where is this auto shop located?
    The property is located at Russell Rd Hartsville, SC.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: Perfect location for towing business or clean up/mechanical shop.; Separate secure storage lot with fencing and gate.; **Tall ceilings (approx. 20 ft) and double drive‑through bay doors (approx. 18 ft tall).**
    (910) 465-1233
    We can help!
    Listing Contact
    Scott Spivey
    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!