Belton Commercial Opportunity For
For Sale
$625,000
224 S Main St, Belton, SC 29627
Versatile commercial property in high-traffic Belton location.
Property Size1,504 SF
Price / SF$415.56
Days on Market134
Property Features for 224 S Main St
General Information
Standard status
Active
Size
1,504 SF
Listing Agency:
Keller Williams Realty
Listed By:
Amanda Mershon, Justin Mershon · License #130827
(864) 686-6786
Source:
Greenvilleheartproperties
Added: May 26
Changed: Sep 24
Last Checked: Oct 5 at 10:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
Investment Insights
Based on property information with market context.
This commercial property, currently operating as a tire and brake shop, is located in Belton, South Carolina. The property offers potential for investors, owner-operators, or businesses seeking exposure. Situated in a high-traffic location, the property features over 2900 feet of road frontage, providing visibility and accessibility. The 1504-square-foot building is suitable for continued automotive use and can accommodate various commercial ventures, including retail, service, industrial, or mixed-use opportunities. The property's location, traffic count, and expansive frontage make it suitable for businesses seeking visibility and growth. Parcels 249-03-09-005-000 and 2490309004 are included in the sale.
Key Highlights
- High traffic location with over 2900 feet of road frontage.
- Currently operating as a successful tire and brake shop.
- Versatile property suitable for retail, service, industrial, or mixed‑use opportunities.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,447
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$608,940
$608.9K
Cap Rate 7%
$434,957
$435.0K
Cap Rate 9%
$338,300
$338.3K
Market Conditions
NOI Build-Up for 1,504 SF
Gross rent
$45.1K $30.00/SF
− Vacancy
−$1.6K −$1.08/SF
EGI
$43.5K $28.92/SF
− OpEx
−$13.0K −$8.68/SF
NOI
$30.4K $20.24/SF
Area
Anderson County, SC
Vacancy
3.60%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$608,940
Cap Rate 7%
$434,957
Cap Rate 9%
$338,300
Alternative Uses
Best Use
Industrial
$968.4K
$847.4K – $1.13M
NOI $67,788 @ 7.0% cap · market cap 10.85%
Second Best
Retail
$435.0K
$380.6K – $507.5K
NOI $30,447 @ 7.0% cap · market cap 4.87%
Theoretical Best
Multifamily LT 5
$16.28M
$14.25M – $19.00M
NOI $1,139,886 @ 7.0% cap · market cap 182.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
267
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29627, SC
18,871
Population
7,330
Households
2.6
Avg Household Size
43
Median Age
15%
College-Educated
87%
High-School Grad
118.7 sq mi
ZIP Area
159
Density / Sq Mi
$57,353
Median Household Income
$37,302
Median Earnings
$890
Median Rent
$154,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Automotive property - Versatile commercial property in high-traffic Belton location.
Where is this automotive property located?
The property is located at 224 S Main St Belton, SC.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: High traffic location with over 2900 feet of road frontage.; Currently operating as a successful tire and brake shop.; Versatile property suitable for retail, service, industrial, or mixed‑use opportunities.
