Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    225 S Boundary St, Unit Manning Manning, SC 29102

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $249,000

    3,222 SF office building in historic downtown Manning, SC.

    Property size:
    3 SF

    Property Features for 225 S Boundary St

    General Information

    Size
    3 SF

    Building Details

    Year built
    1970

    We can help!

    Listing Contact
    Jay Davis
    Source: Cbcworldwide

    Listing Agent: Jay Davis

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

    Learn more

    Property Insight Report

    Overview

    Downtown Manning Office Building For Sale

    This 3,222 SF office building is located in historic downtown Manning, SC, at the corner of South Boundary Street and Sunset Drive. The property is situated directly across from a Piggly Wiggly grocery store and is adjacent to several retail and fast-food establishments. The location benefits from high road visibility, with over 360ft of frontage at a busy intersection. The building features five offices, two restrooms, a large storage room, a large conference room, and a reception area. Several medical offices are located in the immediate area, including a family practice, pediatrics facility, and pharmacy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Gym & Fitness Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Manning
    County
    Clarendon
    State
    South Carolina
    Longitude
    -80.213561
    Latitude
    33.700333

    Nearby Similar for Sale

    • $250,000
      0.15 Acres

      Downtown Manning Duplex Investment Opportunity

      Spacious duplex in downtown Manning, SC, ideal for investors.
      40 W Rigby St, Manning, SC 29102
      View Details
    • $250,000
      2,400 SF

      Downtown Manning Duplex Investment Opportunity

      Spacious duplex in downtown Manning, SC, ideal for investors.
      40 W Rigby St, Manning, SC 29102
      View Details
    • $270,000
      4,550 SF

      Commercial Property in Manning, SC

      Commercial property with three businesses, storage, and ample parking.
      1143 M W Rickenbaker Rd, Manning, SC 29102
      View Details
    • $30,000
      Pending

      Manning, SC Land with Mobile

      Doublewide mobile home on a large 2.65-acre lot.
      1060 Hideout Dr, Manning, SC 29102
      View Details
    • Contact for pricing

      Free-Standing Building with Drive-Thru

      3,000 SF free-standing building with drive-thru in Manning, SC.
      Manning, SC 29102
      View Details
    • $179,900
      1,008 SF

      Renovated Condo on Lake Marion

      Turnkey, renovated 2BR/2BA condo in Cypress Pointe on Lake Marion.
      2205 Cypress Pointe, Manning, SC 29102
      View Details
    • $200,000
      1,768 SF

      Waterfront Double-Wide on Acreage

      Spacious 4-bedroom double-wide with water views and owner financing.
      5461 Hwy 260, Manning, SC 29102
      View Details
    • $40,000
      0.42 Acres

      Downtown Manning Commercial Lot

      Prime .42-acre lot, ideal for development.
      Huggins St, Manning, SC 29102
      View Details
    • $294,000
      1.00 Acre

      Manning SC Office Building Investment

      14 Offices, Ample Parking, Great Location
      120 Brooks St, Manning, SC 29102
      View Details
    • $299,900
      0.41 Acres

      Manning, SC Commercial Land Opportunity

      Prime Commercial Lot, City Utilities
      2236 Sumter Hwy, Manning, SC 29102
      View Details
    • $249,000
      3,222 SF

      Manning, SC Office Building

      3,222 SF Office, Vacant, $249K
      225 Boundary St, Manning, SC 29102
      View Details
    • $79,000
      0.26 Acres

      218 Boundry St, Manning, SC 29102

      Commercial real estate • 0.26 Acres
      218 Boundry St, Manning, SC 29102
      View Details

    FAQs

    What type of property is this?
    Office building - 3,222 SF office building in historic downtown Manning, SC.
    Where is this office building located?
    The property is located at 225 S Boundary St, Unit Manning Manning, SC.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: - High-visibility location with over 360ft of frontage at a busy intersection in downtown Manning.; - Located directly across from a Piggly Wiggly and adjacent to retail and fast-food establishments.; - Features five offices, two restrooms, a large storage room, large conference room, and a reception area.
    (803) 778-1139
    Request Owner's contact information
    225 S Boundary St, Unit Manning Manning, SC 29102
    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.
    225 S Boundary St, Unit Manning
    Manning, SC 29102
    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
    225 S Boundary St, Unit Manning Manning, SC 29102
    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

    We can help!
    Listing Contact
    Jay Davis
    (803) 778-1139
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.