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Two-Building Auto Shop
New
For Sale
$190,000

113 Anderson Street, Eastover, SC 29044

A separate building offers administrative space alongside a service facility and outdoor room for business vehicles and equipment.

Property Size1,008 SF
Days on Market3

Property Features for 113 Anderson Street

General Information

Standard status Active
Size 1,008 SF
Property subtype Commercial

Additional Details

Outdoor Storage Yes

Building Details

Building Size 1,008 SF
Year Built 1950
Buildings 2
Listing Agency: Home Advantage Realty
Listed By: Jimmy Martin · License #90491
Source: Svrealty
Added: Oct 13 Changed: Oct 15 Last Checked: Oct 14 at 11:41PM

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 Home Advantage Realty

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Investment Insights

Based on property information with market context.

The Eastover property includes two separate buildings on over 1.4 acres. One building may accommodate office or administrative functions, while the other is configured for automotive or equipment service, with three overhead doors measuring over 12 feet tall and approximately 20 feet of interior clearance.

Outdoor space provides room for work trucks, trailers, equipment, and other business vehicles. The property is located at 113 Anderson Street in Eastover, South Carolina.

Key Highlights

  • Two separate buildings on over 1.4 acres
  • Service building has three overhead doors measuring over 12 feet tall
  • Approximately 20 feet of interior clearance

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,433
Cap Rate
5.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$208,660 $208.7K
Cap Rate 7%
$149,043 $149.0K
Cap Rate 9%
$115,922 $115.9K
Market Conditions
NOI Build-Up for 1,008 SF
Gross rent
$18.1K $18.00/SF
− Vacancy
−$1.5K −$1.44/SF
EGI
$16.7K $16.56/SF
− OpEx
−$6.3K −$6.21/SF
NOI
$10.4K $10.35/SF
Area
Richland County, SC
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$208,660
Cap Rate 7%
$149,043
Cap Rate 9%
$115,922

Alternative Uses

Best Use
Mixed Use
$149.0K
$130.4K – $173.9K (±1% cap)
NOI $10,433 @ 7.0% cap · market cap 5.49%
Second Best
Retail
$145.0K
$126.9K – $169.2K (±1% cap)
NOI $10,150 @ 7.0% cap · market cap 5.34%
Theoretical Best
Specialty Retail
$227.4K
$199.0K – $265.4K (±1% cap)
NOI $15,921 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick HVAC Service Garden Center Bakery Big Box & Wholesale Store (Bike/Boat/Book/etc) Store 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.

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
2,812 visits/mo 0.3 miles

Demographics for 29044, SC

4,993
Population
2,536
Households
2
Avg Household Size
47
Median Age
15%
College-Educated
86%
High-School Grad
137.1 sq mi
ZIP Area
36
Density / Sq Mi
$53,709
Median Household Income
$30,313
Median Earnings
$1,084
Median Rent
$112,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Auto shop - A separate building offers administrative space alongside a service facility and outdoor room for business vehicles and equipment.
Where is this auto shop located?
The property is located at 113 Anderson Street Eastover, SC.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Two separate buildings on over 1.4 acres; Service building has three overhead doors measuring over 12 feet tall; Approximately 20 feet of interior clearance
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