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Versatile Georgetown Office/Industrial Opportunity

2019 Highmarket St. Georgetown, SC 29440

Claim this Listing
For Sale
$350,000

SINGLE_FAMILY - Georgetown, SC

Type:Office
Property size:
2,550 SF
Lot size:
0.25 Acres
Price / SF:
$137/SF
Added:
May 20, 2026
Days on Market:
54
Last Refresh:
Jul 12 at 3:06 am

Property Features for 2019 Highmarket St.

General Information

Property type
Residential
Property subtype
Office
Zoning
GC
Standard status
Active
Size
2,550 SF
Lot size
0.25 Acres

Building Details

Number of units
1

Listing agent JD Yearwood License #260199

Listing office Keystone Realty MB, LLC Myrtle Beach, SC

Listing date May 20, 2026

MLS# 2613552

Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located at 2019 Highmarket Street in Georgetown, this property offers an office and industrial opportunity. The site has GC zoning and a total building area of approximately 2,550 square feet on a 0.25 acre parcel. The property includes a 1,050 square foot office building and a 1,500 square foot warehouse building. The office component features three private offices, a reception area, and a conference/break room. The property is located near Georgetown's commercial corridor, offering accessibility and flexibility for owner-users or investors.

Key Highlights

  • Versatile property with GC zoning suitable for office and industrial use.
  • Functional layout with separate 1,050+\/- SF office and 1,500+\/- SF warehouse buildings.
  • Strategically located near Georgetown's thriving commercial corridor, offering excellent accessibility.

Local Financial Insights For Flex RnD

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 $40.7k $15.96
− Vacancy −$3.2k −$1.24
EGI $37.5k $14.72
− OpEx −$13.1k −$5.15
NOI $24.4k $9.56
2,550 SF · lease $15.96/SF/yr · vacancy 7.80% · expense 35.00%

Alternative Uses

Best Use
Office B
$511.5K
$447.5K – $596.7K (±1% cap)
NOI $35,802 @ 7.0% cap · market cap 10.23%
Second Best
Flex RnD
$348.4K
$304.9K – $406.5K (±1% cap)
NOI $24,390 @ 7.0% cap · market cap 6.97%
Theoretical Best
Office A
$699.4K
$612.0K – $816.0K (±1% cap)
NOI $48,960 @ 7.0% cap · market cap 13.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Woodman Builders Inc Construction Company Swift Services Heating, ... HVAC Service

Suggested Use

Real Estate Agency Parking Lot & Garage Bakery Garden Center Catering Service Veterinary Clinic Home Appliance Store (Bike/Boat/Book/etc) Store Acupuncture Electrical Service

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

FAQs

What type of property is this?
Flex space - Office and warehouse space near Georgetown's commercial corridor.
Where is this flex space located?
The property is located at 2019 Highmarket St. Georgetown, SC.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Versatile property with GC zoning suitable for office and industrial use.; Functional layout with separate **1,050+\/- SF office** and **1,500+\/- SF warehouse buildings**.; Strategically located near Georgetown's thriving commercial corridor, offering excellent accessibility.
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