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    8618 Old State Rd Holly Hill, SC 29059

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    For Sale
    $225,000

    Historic building for sale with tax incentives in Holly Hill.

    Property size:
    3,350 SF
    Lot size:
    0.09 Acres

    Property Features for 8618 Old State Rd

    General Information

    Size
    3,350 SF
    Lot size
    0.09 Acres

    Source: Coldwell Banker Commercial | Atlantic Agent Brent A Case

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

    Overview

    Historic Building in Opportunity Zone

    The historic building for sale is located in Holly Hill, SC, and includes 8618 Old State Rd and the adjacent vacant lot. The building, originally a bank, features architecture from that era. Located in a federally designated Opportunity Zone, the property offers tax incentives. The Holly Hill downtown area has also been designated as a Historic District, which allows for further tax incentives for developers. The building has been vacant for several years and has a significant amount of deferred maintenance. The property size is 3350 square feet. Several hundred homes are in the pipeline to be built over the next few years in Holly Hill. This presents an opportunity for a developer to revitalize a historic building while utilizing available tax incentive programs.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Holly Hill
    County
    Orangeburg
    State
    South Carolina
    Longitude
    -80.4115368
    Latitude
    33.3212003

    FAQs

    What type of property is this?
    Office building - Historic building for sale with tax incentives in Holly Hill.
    Where is this office building located?
    The property is located at 8618 Old State Rd Holly Hill, SC.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Opportunity Zone location offers significant tax incentives.; - Designated Historic District provides further tax incentives for developers.; - Includes adjacent vacant lot, expanding development possibilities.
    (843) 744-9877
    Request Owner's contact information
    8618 Old State Rd Holly Hill, SC 29059
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    Holly Hill, SC 29059
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    Realmo Value Estimation

    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.

    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.

    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
    8618 Old State Rd Holly Hill, SC 29059
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