Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    699 Bultman Dr Sumter, SC 29150

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space with high visibility and easy access.

    Property size:
    1,700 SF
    Lot size:
    0.20 Acres

    Property Features for 699 Bultman Dr

    General Information

    Size
    1,700 SF
    Lot size
    0.20 Acres

    We can help!

    Listing Contact
    Bradham Wilder
    Bradham Wilder
    Source: Moodyscre

    Listing Agency: ERA Wilder Realty Listing Agent: Bradham Wilder

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

    Learn more

    Property Insight Report

    Overview

    Retail Space on Bultman Drive

    This retail space offers high visibility, exposure, and access from the signalized intersection of Bultman Drive and S. Wise Drive. Onsite parking is available. The property is located 9 miles from Shaw Air Force Base and is positioned between the Mall of Sumter and Walmart Neighborhood Market. It is also steps away from USC Sumter and Central Carolina Tech. The property offers 1700 square feet of retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wilder Property Management- ... Property Management Company Planet Vapor (Bike/Boat/Book/etc) Store Mac's Place Spirits (Bike/Boat/Book/etc) Store Gamecock City Custom ... Construction Company

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Building Supply Nail Salon Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Sumter
    County
    Sumter
    State
    South Carolina
    Longitude
    -80.3716196
    Latitude
    33.9417785

    Nearby Similar for Lease

    • $1,660 /Mo
      1,459 SF

      Office Space in Sumter, SC

      1459 sq ft office space for rent in Sumter.
      501 S Wise Dr, Sumter, SC 29150
      View Details
    • $3,325 /Mo
      6,042 SF

      Warehouse and Office Space Available

      6042 sq ft warehouse & office space for lease.
      805 N Wise Dr, Sumter, SC 29153
      View Details
    • $900 /Mo
      932 SF

      Retail Space in Sumter, SC

      Open retail space available for rent in a strip mall.
      632 W Liberty St, Sumter, SC 29150
      View Details
    • $2,200 /Mo
      1,829 SF

      Retail Space in Sumter, SC

      1829 sq ft retail building for rent on 1.10 acres.
      220 S Pike E, Sumter, SC 29150
      View Details
    • $1,450 /Mo
      1,500 SF

      Office Space in Chestnut Square

      1500 sq ft office space for lease.
      1147 N Guignard Dr, Sumter, SC 29150
      View Details
    • Sponsored
      Contact for pricing

      SC, Sumter - West Hampton Avenue

      Workspaces, services and support to help you work better in FL, Winter Haven - 316 Avenue
      208 Hampton Ave, Sumter, SC 29150
      View Details
    • Contact for pricing

      Retail Hub Shopping Center Space

      95,413 SF shopping center in regional retail hub.
      1143 Broad St, Sumter, SC 29150
      View Details
    • $3,000 /Mo
      3,000 SF

      Retail Building with Open Layout

      5,300 SF building with open layout and ample parking.
      348 Broad St, Sumter, SC 29150
      View Details
    • $7,136 /Mo
      5,190 SF

      Retail Space on Corner Lot

      Retail space with high visibility and easy road access.
      170 E Wesmark Blvd, Sumter, SC 29150
      View Details
    • $6,500 /Mo
      6,224 SF

      Modern Warehouse with Highway Access

      6,224 SF warehouse with office space and highway frontage.
      1145 N Pike E, Sumter, SC 29153
      View Details
    • Contact for pricing
      3,450 SF

      Retail Space in Sumter Square

      Retail space available in a busy Sumter shopping center.
      1003-1017 Broad St, Sumter, SC 29150
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space with high visibility and easy access.
    Where is this retail space located?
    The property is located at 699 Bultman Dr Sumter, SC.
    What are key features of this property?
    This property features: - High visibility and access from a signalized intersection.; - Located 9 miles from Shaw Air Force Base.; - Positioned between Mall of Sumter and Walmart Neighborhood Market.
    (803) 765-0211 Call to check price and availability
    Request Owner's contact information
    699 Bultman Dr Sumter, SC 29150
    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.
    699 Bultman Dr
    Sumter, SC 29150
    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
    699 Bultman Dr Sumter, SC 29150
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Bradham Wilder
    Bradham Wilder
    Real Estate License ID: 78522
    (803) 765-0211 (803) 309-4709
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!