Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    253 E Savannah St Calhoun Falls, SC 29628

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $375,000

    Freestanding commercial building in Calhoun Falls, SC, ideal for various uses.

    Type:Office
    Property size:
    2,740 SF
    Price / SF:
    $136/SF
    Added:
    Nov 21, 2025
    Days on Market:
    166
    Last Refresh:
    Apr 6 at 12:01 am

    Property Features for 253 E Savannah St

    General Information

    Standard status
    Active
    Size
    2,740 SF
    Property subtype
    Office

    Building Details

    Year Built
    1991

    We can help!

    Listing Contact
    Stephan Thomas
    Stephan Thomas

    Listing agent Stephan Thomas License #SC #137332

    Listing office SVN Palmetto

    Listing date Nov 21, 2025

    Source Svn

    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 SVN Palmetto

    HighLights

    • Excellent visibility with approximately 130 feet of frontage on SC Highway 72, the town's main commercial corridor.
    • Flexible 2,740 SF commercial building suitable for retail, medical, office, or financial services.
    • Includes a drive‑thru lane and on‑site parking, ideal for businesses needing convenient access.
    • Strategic location near local staples like Dollar General and the U.S. Post Office.
    • Convenient access to SC Highways 72 and 81, connecting to major cities like Greenwood, Columbia, Augusta, and Atlanta.
    • Additional corner lot available, offering potential for expansion and increased visibility.

    Overview

    Calhoun Falls Commercial Building For Sale

    Located at 253 E Savannah Street in Calhoun Falls, SC, this freestanding commercial building offers approximately 2,740 square feet of space on approximately 0.47 acres. The property, formerly a bank and church, features a flexible layout that includes a vaulted lobby, two offices, two restrooms, a vault, and a drive-thru lane. Zoned commercial, the property is suitable for retail, medical, office, or financial services. The building was built in 1991 and renovated in 2023. Situated along SC Highway 72, the town’s main commercial corridor, the property benefits from approximately 130 feet of frontage, providing excellent visibility and convenient access to SC Highways 72 and 81, connecting to Greenwood, Columbia, Augusta, and Atlanta. On-site parking is available. The connecting corner lot is also available, offering the potential to expand the site footprint. The property is positioned near local establishments such as Dollar General, the U.S. Post Office, and a credit union. Calhoun Falls is known for its proximity to Calhoun Falls State Park and Lake Russell.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Big Box & Wholesale Store Accounting Firm Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Calhoun Falls
    County
    Abbeville
    State
    South Carolina
    Longitude
    -82.5906
    Latitude
    34.0903

    Nearby Similar for Sale

    • $389,999
      5,000 SF

      High-Visibility Commercial Property in Calhoun Falls

      Commercial property in Calhoun Falls, SC, ideal for retail or office.
      546 East Savannah Street, Calhoun Falls, SC 29628
      View Details
    • $2,560,355
      12,668 SF

      New Dollar General Market Store

      NNN leased Dollar General Market store, opened Spring 2025.
      Russell Lake Blvd, Calhoun Falls, SC
      View Details
    • $1,030,909
      10,500 SF

      Calhoun Falls Commercial Property

      Commercial property in Calhoun Falls, South Carolina for sale.
      215 W Savannah St, Calhoun Falls, SC 29628
      View Details

    FAQs

    What type of property is this?
    Office building - Freestanding commercial building in Calhoun Falls, SC, ideal for various uses.
    Where is this office building located?
    The property is located at 253 E Savannah St Calhoun Falls, SC.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Excellent visibility with approximately 130 feet of frontage on SC Highway 72, the town's main commercial corridor.; Flexible 2,740 SF commercial building suitable for retail, medical, office, or financial services.; Includes a drive‑thru lane and on‑site parking, ideal for businesses needing convenient access.
    (864) 293-6948
    We can help!
    Listing Contact
    Stephan Thomas
    Stephan Thomas
    Real Estate License ID: SC #137332
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    253 E Savannah St, Calhoun Falls, SC 29628
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!