Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • 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

    111 Clebourne St Fort Mill, SC 29715

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Class A office/retail building in the heart of Fort Mill.

    Property size:
    17,385 SF

    Property Features for 111 Clebourne St

    General Information

    Size
    17,385 SF

    Building Details

    Year built
    2005

    We can help!

    Listing Contact
    Mark Mayfield
    Source: Svn

    Listing Agent: Mark Mayfield

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

    Learn more

    Overview

    Class A Office/Retail Building

    This Class A office/retail building is located in the heart of Fort Mill, South Carolina. The property features stone and marble floors, double glass doors, and detailed moldings. The building's total size is 17385 square feet. It is situated approximately two miles from I-77 and a short distance from Hwy 521. The landlord provides new exterior storefront entrances and warm vanilla shells for retail uses. An outdoor patio or seating area for a restaurant can be accommodated on the side of the building. Proposed exterior elevation changes are planned for new retail uses. The building is centrally located in Fort Mill's thriving business district.
    Location Intelligence

    Current Use by Public Records

    Chad D. Frisch, ... Chiropractor Frisch Family Chiropractic Chiropractor Charlotte Matchmakers Dating Service Silva Financial Group Insurance Agency Blue Ridge Financial ... Financial Planner

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Mill
    County
    York
    State
    South Carolina
    Longitude
    -80.9441148
    Latitude
    35.0087893

    Nearby Similar for Sale

    • $319,500
      1,408 SF

      Renovated Home in Fort Mill

      Renovated 3-bedroom home in Fort Mill School District.
      126 Rhett Ct, Fort Mill, SC 29715
      View Details
    • $6,821,578
      3,479 SF

      Prime Corner Retail Opportunity

      Retail property in high-traffic location near Charlotte.
      3085 Highway 160 W, Fort Mill, SC 29715
      View Details
    • $169,900

      Low-Maintenance Condo with Community Amenities

      2-bedroom, 2-bath condo with pool, recreation area, and trails.
      211 Heritage Blvd, Fort Mill, SC 29715
      View Details
    • Contact for pricing

      Lakemont Business Park Industrial Building

      21,072 SF industrial building in Fort Mill, SC.
      3480 Lakemont Blvd, Fort Mill, SC 29708
      View Details
    • $215,000
      625 SF

      Tega Cay Office Condominium

      625 SF office condo in Gold Hill Commerce Park.
      852 Gold Hill Rd, Fort Mill, SC 29708
      View Details
    • $285,000

      Fort Mill Townhome with Garage

      Townhome with 3 bedrooms, garage, community pool, convenient location.
      479 Delta Dr, Fort Mill, SC 29715
      View Details
    • Contact for pricing
      1,265 SF

      Office Condo in Fort Mill

      1,265 SF office condo in well-located Fort Mill development.
      238 Rockmont Dr, Fort Mill, SC 29708
      View Details
    • Contact for pricing

      Downtown Fort Mill Office Space

      Office space in downtown Fort Mill, SC, with good parking.
      118 Academy St, Fort Mill, SC 29715
      View Details
    • $311,000

      Freshly Painted Home with Warranty

      Home with fresh paint, fireplace, and warranty coverage.
      26017 Misty Way Dr, Fort Mill, SC 29708
      View Details
    • Contact for pricing
      162,240 SF

      Highway 160 Warehouse Opportunity

      Warehouse/distribution property near I-485, Ballantyne, and south Charlotte.
      9485 Old Bailes Rd, Fort Mill, SC 29707
      View Details
    • $825,000
      4,170 SF

      Fort Mill Office Condo Building

      Free-standing office building in Fort Mill, South Carolina, 100% leased.
      230 Rockmont Dr, Fort Mill, SC 29708
      View Details
    • $4,000,000
      8,600 SF

      Restaurant and Retail Investment Opportunity

      Retail property with established tenants near Carowinds.
      917 Cabelas Dr, Fort Mill, SC
      View Details

    FAQs

    What type of property is this?
    Office building - Class A office/retail building in the heart of Fort Mill.
    Where is this office building located?
    The property is located at 111 Clebourne St Fort Mill, SC.
    What is the asking price?
    The asking price for this property is $23.
    What are key features of this property?
    This property features: - Centrally located in the heart of Fort Mill's thriving business district.; - Class A office/retail building with nice finishes including stone & marble floors.; - New exterior storefront entrances & warm vanilla shells for retail uses provided by Landlord.
    (803) 493-2424
    Request Owner's contact information
    111 Clebourne St Fort Mill, SC 29715
    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.
    111 Clebourne St
    Fort Mill, SC 29715
    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
    111 Clebourne St Fort Mill, SC 29715
    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
    Mark Mayfield
    Real Estate License ID: South Carolina #18972
    (803) 493-2424
    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.