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    1246 Smith St Timmonsville, SC 29161

    For Sale
    $750,900

    29-Acre Mobile Home Park with Expansion Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional investment opportunity presents a 29-acre mobile home park situated at 1246 W Smith Street, Timmonsville, South Carolina. The property currently features 21 established spaces complete with underground utilities and individual septic tanks for each lot. A modern county water system with updated taps is already in place. Ten mobile homes are currently generating rental income, with five additional lots also leased. Three vacant lots offer immediate expansion potential, and three existing mobile homes are available "as is," requiring repairs. The mobile home park itself occupies approximately five acres, leaving a significant 24-acre expanse ripe for development. This substantial additional acreage presents a unique opportunity to build single-family homes, capitalizing on the high demand for housing in the area. The existing infrastructure, including the updated water system and established utilities, significantly reduces the upfront costs associated with further development. This property is priced at $750,900 and offers a compelling blend of immediate income generation and substantial long-term growth potential. Pre-qualification is required for purchase consideration.

    Property Features for 1246 Smith St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    1,263,240 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Department Store Bar & Pub Discount Store Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Timmonsville
    County
    Florence County
    State
    South Carolina
    Longitude
    -79.97165
    Latitude
    34.1128

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    FAQs

    What type of property is this?
    Commercial real estate - 29-Acre Mobile Home Park with Expansion Potential
    Where is this commercial real estate located?
    The property is located at 1246 Smith St Timmonsville, SC.
    What is the asking price?
    The asking price for this property is $750,900.
    (843) 409-6896
    Request Owner's contact information
    1246 Smith St Timmonsville, SC 29161
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    Timmonsville, SC 29161
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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
    1246 Smith St Timmonsville, SC 29161
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