Single-Story Day Care
For Sale
$800,000
2185 N Fraser St., Georgetown, SC 29440
Vacant brick facility with classroom, office, kitchen, storage, restroom, porch, and ramp improvements.
Property Size4,760 SF
Price / SF$168.07
Days on Market52
Property Features for 2185 N Fraser St.
General Information
Standard status
Active
Size
4,760 SF
Property subtype
Commercial
Zoning
Neighborhood Commercial
Additional Details
Highway Access
Yes
Amenities
rear porch
accessibility ramps
Building Details
Year Built
1986
Buildings
1
Stories
1
Construction
brick
Listing Agency:
BH & G Elliott Coastal Living
Listed By:
The Jackson Team · License #14590
(843) 421-5483
Source:
Costacoastalproperties
Added: Aug 17
Changed: Sep 30
Last Checked: Oct 7 at 9:21AM
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 BH & G Elliott Coastal Living
Investment Insights
Based on property information with market context.
This vacant, single-story brick building contains 4,760 square feet and was constructed in 1986. The interior arrangement includes a reception area, several classroom or program rooms, private offices, a kitchen and break area, storage closets, a mechanical room, and public and private restrooms. A rear porch and accessibility ramps are also in place.
Located on N Fraser St. along Hwy 701, the property sits within an area combining commercial and residential development. Walmart and additional shopping are less than a mile away, with schools nearby. Neighborhood Commercial zoning allows stated uses including residential, office, medical office, limited retail, and public or entertainment uses, subject to applicable requirements.
Located on N Fraser St. along Hwy 701, the property sits within an area combining commercial and residential development. Walmart and additional shopping are less than a mile away, with schools nearby. Neighborhood Commercial zoning allows stated uses including residential, office, medical office, limited retail, and public or entertainment uses, subject to applicable requirements.
Key Highlights
- 4,760 SF single‑story brick commercial building
- Vacant property most recently operated as a daycare facility
- Interior includes classrooms, offices, kitchen, storage, mechanical room, 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
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
NOI $91,392 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
147
Businesses Nearby
Balanced
Demand for This Use
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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Dandelion Day School — 2185 N Fraser St, Georgetown, SC 29440
- Kensington Kidz daycare — 2251 N Fraser St, Georgetown, SC 29440
Frequently Asked Questions
What type of property is this?
Day care center - Vacant brick facility with classroom, office, kitchen, storage, restroom, porch, and ramp improvements.
Where is this day care center 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 SF single‑story brick commercial building; Vacant property most recently operated as a daycare facility; Interior includes classrooms, offices, kitchen, storage, mechanical room, and restrooms
