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

    2695 Paxville Hwy Manning, SC 29102

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,200,000

    3.70 acres on Highway 261 in high-traffic area.

    Lot size:
    3.67 Acres

    Property Features for 2695 Paxville Hwy

    General Information

    Standard status
    Active
    Lot size
    3.67 Acres

    We can help!

    Listing Contact
    Robert Mccants
    Source: Exitrealty

    Listing Agency: TIDEWATER PROPERTIES OF SC,LLC Listing Agent: Robert Mccants

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

    Learn more

    Overview

    Highway 261 Development Opportunity

    This 3.70-acre property is located on Highway 261 in Manning, South Carolina, in a high-traffic area just off Interstate-95. Situated between a car dealership and a Zaxby's, the site is near other fast food restaurants and hotels. The property is mostly overgrown, and a former home in the middle of the tract will need to be demolished. This location presents a development opportunity in a rapidly growing area. Potential hotel plans are in place.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Auto Repair Shop Auto Parts Store Hotel & Motel Department Store Bar & Pub Discount Store Car Rental Facility Grocery & Convenience Store Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Manning
    County
    Clarendon
    State
    South Carolina
    Longitude
    -80.246215
    Latitude
    33.706313

    Nearby Similar for Sale

    • $270,000
      4,550 SF

      Commercial Property in Manning, SC

      Commercial property with three businesses, storage, and ample parking.
      1143 M W Rickenbaker Rd, Manning, SC 29102
      View Details
    • $189,000
      960 SF

      Office Space in Manning, SC

      Office space with high visibility and recent upgrades.
      2523 Players Course Dr, Manning, SC 29102
      View Details
    • Contact for pricing
      2,500 SF

      Manning Mini-Warehouse on Large Lot

      2,500 SF mini-warehouse on 1.29 acres near I-95.
      216 Memorial St, Manning, SC 29102
      View Details
    • $250,000
      2,400 SF

      Downtown Manning Duplex Investment Opportunity

      Spacious duplex in downtown Manning, SC, ideal for investors.
      40 W Rigby St, Manning, SC 29102
      View Details
    • $30,000
      Pending

      Manning, SC Land with Mobile

      Doublewide mobile home on a large 2.65-acre lot.
      1060 Hideout Dr, Manning, SC 29102
      View Details
    • Contact for pricing

      Free-Standing Building with Drive-Thru

      3,000 SF free-standing building with drive-thru in Manning, SC.
      485 West Boyce St, Manning, SC 29102
      View Details
    • $40,000
      0.42 Acres

      Downtown Manning Commercial Lot

      Prime .42-acre lot, ideal for development.
      Huggins St, Manning, SC 29102
      View Details
    • $299,900
      0.41 Acres

      Manning, SC Commercial Land Opportunity

      Prime Commercial Lot, City Utilities
      2236 Sumter Hwy, Manning, SC 29102
      View Details
    • $249,000
      3,222 SF

      Manning, SC Office Building

      3,222 SF Office, Vacant, $249K
      225 Boundary St, Manning, SC 29102
      View Details
    • $379,000

      Manning, SC Commercial Trio

      High-traffic location, prime for business.
      312 Boyce St, Manning, SC 29102
      View Details
    • $294,000
      1.00 Acre

      Manning SC Office Building Investment

      14 Offices, Ample Parking, Great Location
      120 Brooks St, Manning, SC 29102
      View Details
    • $79,000
      0.26 Acres

      218 Boundry St, Manning, SC 29102

      Commercial real estate • 0.26 Acres
      218 Boundry St, Manning, SC 29102
      View Details

    FAQs

    What type of property is this?
    Commercial land - 3.70 acres on Highway 261 in high-traffic area.
    Where is this commercial land located?
    The property is located at 2695 Paxville Hwy Manning, SC.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Prime location on Highway 261 in a high-traffic area just off Interstate-95.; - Excellent development opportunity in a rapidly growing area.; - 3.70-acre tract.
    (843) 833-1362
    Request Owner's contact information
    2695 Paxville Hwy Manning, SC 29102
    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.
    2695 Paxville Hwy
    Manning, SC 29102
    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
    2695 Paxville Hwy Manning, SC 29102
    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
    Robert Mccants
    Real Estate License ID: 106295
    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!