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Single-Story Office Building

2185 N Fraser St., Georgetown, SC 29440

For Sale
$800,000

COMMERCIAL/INDUSTRIAL, Georgetown, SC

Property Size4,760 SF
Lot Size0.99 Acres
Price / SF$168.07
Days on Market93

Property Features for 2185 N Fraser St.

General Information

Property type Commercial Sale
Property subtype Office
Zoning NC
Security features Security System
Exterior features Fire Alarm, Handicap Access, Reception Area, Restrooms - Private, Restrooms - Public, Security System
Accessibility Accessible Approach with Ramp
Subdivision 46A Georgetown Area--includes city of Georgetown
Standard status Active
Size 4,760 SF
Lot size 0.99 Acres

Amenities

lobby/reception area
classroom/program rooms
private offices
kitchen/break room
storage closets
mechanical room
public/private restrooms
rear porch
accessibility ramps

Building Details

Floors in Building 1
Number of units 1
Listing Agency: BH & G Elliott Coastal Living · Better Homes and Gardens Real Estate
Listed By: The Jackson Team
Added: Aug 12 Changed: Oct 8 Last Checked: Nov 12 at 8:06AM
MLS# 2619983

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.

Rey
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Investment Insights

Based on property information with market context.

This vacant, single-story brick office building contains 4,760 square feet and is configured with a lobby and reception area, multiple classroom or program rooms, private offices, a kitchen and break room, storage closets, a mechanical room, and both public and private restrooms. A rear porch, fire alarm, security system, and accessible approach with ramp are also included. The property was most recently used as a daycare facility and is zoned NC for Neighborhood Commercial development.

Located at 2185 N Fraser St. along Hwy 701 in Georgetown, the building sits within a corridor containing commercial and residential development. Walmart and area shopping are less than a mile away, with schools also nearby. The existing room arrangement and building features support consideration of office, medical office, educational, limited retail, or other uses identified under the zoning framework.

Key Highlights

  • 4,760‑square‑foot vacant, single‑story brick commercial building
  • NC zoning for Neighborhood Commercial development
  • Existing layout includes reception, multiple rooms, private offices, kitchen, storage, and restrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$66,830
Cap Rate
8.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,336,600 $1.3M
Cap Rate 7%
$954,714 $954.7K
Cap Rate 9%
$742,556 $742.6K
Market Conditions
NOI Build-Up for 4,760 SF
Gross rent
$114.2K $24.00/SF
− Vacancy
−$25.1K −$5.28/SF
EGI
$89.1K $18.72/SF
− OpEx
−$22.3K −$4.68/SF
NOI
$66.8K $14.04/SF
Area
Georgetown County, SC
Vacancy
22.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,336,600
Cap Rate 7%
$954,714
Cap Rate 9%
$742,556

Alternative Uses

Best Use
Office B
$954.7K
$835.4K – $1.11M (±1% cap)
NOI $66,830 @ 7.0% cap · market cap 8.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.31M
$1.14M – $1.52M (±1% cap)
NOI $91,392 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

JESSE R WELTER Physician Mark Galloway Physician Dandelion Day School Daycare Center Mark Rowley Physician Earl James Han Physician

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Law Firm HVAC Service Auto Parts Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

147
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Vacant brick building with reception, offices, multiple program rooms, kitchen, storage, and public and private restrooms.
Where is this office building located?
The property is located at 2185 N Fraser St. Georgetown, SC.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 4,760‑square‑foot vacant, single‑story brick commercial building; NC zoning for Neighborhood Commercial development; Existing layout includes reception, multiple rooms, private offices, kitchen, storage, and restrooms
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