1505 Broughton Street Orangeburg, SC 29115
4.96 acres in the heart of Downtown Orangeburg.
Property Features for 1505 Broughton Street
General Information
- Standard status
- Active
- Size
- 22,939 SF
- Lot size
- 4.96 Acres
- Property subtype
- Land
Listing office Crosby Land Company, Inc.
Listing date Sep 24, 2024
Source Crexi
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 Crosby Land Company, Inc.
Investment Insights
Based on property information with market context.
Key Highlights
- Prime 4.96‑acre site in Downtown Orangeburg, zoned B‑1 for retail or residential development.
- 22,939 sq ft building with up to eight storefronts, offering flexible tenant space.
- Excellent accessibility from all four sides with over 1750 feet of road frontage.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $220.2k | $9.60 |
| − Vacancy | −$26.4k | −$1.15 |
| EGI | $193.8k | $8.45 |
| − OpEx | −$58.1k | −$2.53 |
| NOI | $135.7k | $5.91 |
