This exceptional 6,821 square foot commercial property, located at 165 Market Street in Cheraw, South Carolina, presents a unique investment opportunity. Situated on a 0.08-acre lot in the heart of town, directly across from the Cheraw Town Hall, this two-story building boasts an impressive presence and high visibility. Constructed in the early 1900s from locally quarried stone, it offers a blend of historic charm and modern functionality, including Cat 5 wiring. Its central location at the intersection of Highways 9 and 52, and a block from the bypass, ensures excellent accessibility and visibility. The versatile layout, featuring a mix of open spaces, private offices, and meeting rooms, is well-suited for a variety of uses, including professional offices, medical practices, or corporate headquarters. The property's strategic location within easy reach of major cities like Florence, Pinehurst, NC, Charlotte, and Columbia, coupled with proximity to Interstates 95, 20, and 73, provides unparalleled connectivity. The availability of local, regional, and major airports further enhances its appeal. The building's size and layout also lend themselves to mixed-use development, potentially incorporating retail or dining on the ground floor and residential or hospitality uses upstairs. Cheraw's amenities, including a hospital, state park, recreational areas, and forests, contribute to its attractiveness. This property offers a chance to invest in a growing economy while preserving a piece of Cheraw's rich history. Potential buyers are responsible for verifying all property details independently.
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165 Market Street Ct Cheraw, SC 29520
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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.
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165 Market Street Ct Cheraw, SC 29520
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165 Market Street Ct, Cheraw, SC
Tonya Michael
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165 Market Street Ct, Cheraw, SC
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