Full-Service Gas Station
For Sale
$949,900
Pending
13812 N Fraser St, Georgetown, SC 29440
Full-service gas station with multiple fuel pumps and convenience retail space, plus two adjacent lots.
Property Size3,600 SF
Days on Market51
Property Features for 13812 N Fraser St
General Information
Standard status
Pending
Size
3,600 SF
Additional Details
Business Included
Yes
Listing Agency:
Fidei Real Estate Int'l
(843) 424-6068
Listed By:
Yana Lynch · License #72550
(843) 424-6068
Source:
Exprealty
Added: Jul 7
Changed: Aug 25
Last Checked: Aug 25 at 11:09AM
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 Fidei Real Estate Int'l
Investment Insights
Based on property information with market context.
This full-service gas station property includes multiple fuel pumps and space designed to support fuel sales and convenience retail. The site also offers ample storage space for vehicles, supporting day-to-day operations on a commercial fuel and convenience use.
The offering includes two adjacent lots, with one lot having a mobile home on it. The facility is described as being in a high-visibility, high-traffic location, supporting customer access for both fuel and convenience purchases.
The property is positioned for an owner-operator or buyer seeking a turnkey fuel-and-convenience configuration, with parking and storage capacity intended to support vehicle-related activity on site.
The offering includes two adjacent lots, with one lot having a mobile home on it. The facility is described as being in a high-visibility, high-traffic location, supporting customer access for both fuel and convenience purchases.
The property is positioned for an owner-operator or buyer seeking a turnkey fuel-and-convenience configuration, with parking and storage capacity intended to support vehicle-related activity on site.
Key Highlights
- Year built 1972 full‑service gas station with multiple fuel pumps
- Convenience retail space included as part of the fuel‑and‑convenience operation
- Two adjacent lots included, with one lot having a mobile home on it
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,156
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$863,120
$863.1K
Cap Rate 7%
$616,514
$616.5K
Cap Rate 9%
$479,511
$479.5K
Market Conditions
NOI Build-Up for 3,600 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$61.3K $17.04/SF
− Vacancy
−$3.8K −$1.06/SF
EGI
$57.5K $15.98/SF
− OpEx
−$14.4K −$4.00/SF
NOI
$43.2K $11.99/SF
Area
Georgetown County, SC
Vacancy
6.20%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$863,120
Cap Rate 7%
$616,514
Cap Rate 9%
$479,511
Alternative Uses
Best Use
Specialty Retail
$616.5K
$539.5K – $719.3K
NOI $43,156 @ 7.0% cap · market cap 4.54%
Second Best
Retail
$615.6K
$538.7K – $718.2K
NOI $43,092 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$987.4K
$864.0K – $1.15M
NOI $69,120 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
Demographics for 29440, SC
27,451
Population
13,845
Households
2
Avg Household Size
46
Median Age
23%
College-Educated
89%
High-School Grad
523.1 sq mi
ZIP Area
52
Density / Sq Mi
$54,926
Median Household Income
$33,636
Median Earnings
$912
Median Rent
$160,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Full-service gas station with multiple fuel pumps and convenience retail space, plus two adjacent lots.
Where is this gas station located?
The property is located at 13812 N Fraser St Georgetown, SC.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: Year built 1972 full‑service gas station with multiple fuel pumps; Convenience retail space included as part of the fuel‑and‑convenience operation; Two adjacent lots included, with one lot having a mobile home on it
