Building Details

Buildings 1

Abandoned No

Listing Agency: Sloan Realty Group L***@srgmail.com Show Phone

Listed By: Barron Calvert · License #13478 Show Phone

Source: Exprealty

Added: Jun 3 Changed: Oct 26 Last Checked: Nov 3 at 7:54AM

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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 Sloan Realty Group

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This automotive service building at 112 E Main St is configured with four service bays and is currently operating as an auto repair shop. The layout supports hands-on vehicle servicing, including repair, maintenance, tire work, and fleet-related operations as described by the existing use.

Positioned on Main Street in the Andrews business district, the property has road frontage and exposure to passing traffic. Its central business-district setting places the building within the town’s established commercial area. The property offers an existing automotive-oriented configuration for continued service-shop use.

Key Highlights

• Four service bays provide dedicated automotive work areas
• Currently operating as an auto repair shop
• Main Street location at 112 E Main St

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$11,114

Cap Rate

6.35%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$222,280 $222.3K

Cap Rate 7%

$158,771 $158.8K

Cap Rate 9%

$123,489 $123.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,797 SF

Gross rent

$17.0K $9.48/SF

− Vacancy

−$1.2K −$0.64/SF

EGI

$15.9K $8.84/SF

− OpEx

−$4.8K −$2.65/SF

NOI

$11.1K $6.18/SF

Area

Georgetown County, SC

Vacancy

6.80%

Lease Rate

$9.48 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$222,280

Cap Rate 7%

$158,771

Cap Rate 9%

$123,489

Alternative Uses

Best Use

Retail

$307.3K

$268.9K – $358.5K (±1% cap)

NOI $21,510 @ 7.0% cap · market cap 12.30%

Second Best

Industrial

$158.8K

$138.9K – $185.2K (±1% cap)

NOI $11,114 @ 7.0% cap · market cap 6.35%

Theoretical Best

Office A

$492.9K

$431.3K – $575.0K (±1% cap)

NOI $34,502 @ 7.0% cap · market cap 19.73%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant Parking Lot & Garage Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Service bays

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

306

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 29510, SC

10,392

Population

4,310

Households

2.4

Avg Household Size

43

Median Age

11%

College-Educated

85%

High-School Grad

312.2 sq mi

ZIP Area

33

Density / Sq Mi

$46,768

Median Household Income

$29,849

Median Earnings

$744

Median Rent

$109,300

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Similar Off Market Nearby

• Custom Collision Cycle — 255 Mill St suite b, Taylors, SC 29687
• DJ'S Specialty Auto Service LLC — 645 bridge rd, taylors, sc 29687
• Certified Automotive — 4371 Wade Hampton Blvd, Taylors, SC 29687
• Anytime Towing & Services, LLC — 4384 Wade Hampton Blvd, Taylors, SC 29687
• Body Tech Collision Repair — 4390 Wade Hampton Blvd, Taylors, SC 29687

Frequently Asked Questions

What type of property is this?

Auto shop - Automotive service building on Main Street with four service bays and an established auto repair use.

Where is this auto shop located?

The property is located at 112 E Main St Andrews, SC.

What is the asking price?

The asking price for this property is $174,900.

What are key features of this property?

This property features: Four service bays provide dedicated automotive work areas; Currently operating as an auto repair shop; Main Street location at 112 E Main St