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    941 Spears Creek Ct Elgin, SC 29045

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    For Sale
    $1,550,000

    Existing restaurant near schools and military base with redevelopment potential.

    Property size:
    8,815 SF
    Lot size:
    4.51 Acres

    Property Features for 941 Spears Creek Ct

    General Information

    Size
    8,815 SF
    Lot size
    4.51 Acres

    Source: Sperry Commercial - South Carolina Agent Mark Griffin

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

    Overview

    Restaurant with Redevelopment Potential

    This property features an existing restaurant with included equipment and fixtures. The location offers high Interstate visibility and is near top schools and Ft. Jackson military base. Redevelopment potential exists for medical office, office, or other retail uses. The site, formerly a Quaker State Lube restaurant, is large and includes on-site detention and parking. There is room to add a hotel or other retail adjacent to the existing structure, according to site plans. The surrounding area is a fast-growing residential corridor with 3000 homes planned. The property has a size of 8815 square feet.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Kershaw
    State
    South Carolina
    Longitude
    -80.833565
    Latitude
    34.105325

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    FAQs

    What type of property is this?
    Restaurant - Existing restaurant near schools and military base with redevelopment potential.
    Where is this restaurant located?
    The property is located at 941 Spears Creek Ct Elgin, SC.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: - Existing restaurant with equipment and fixtures included.; - Redevelopment potential for medical office, office, or other retail.; - **Large site with on-site detention and parking in place.**
    (864) 525-8562
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    941 Spears Creek Ct Elgin, SC 29045
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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
    941 Spears Creek Ct Elgin, SC 29045
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