Two-Story Office
2591-A N Fraser St., Georgetown, SC 29440
For Sale
Contact for pricing
Office layouts include private rooms, reception areas, kitchenettes, and on-site parking.
Property Size2,672 SF
Price / SF$0.68
Days on Market66
Property Features for 2591-A N Fraser St.
General Information
Standard status
Size
Property subtype
Additional Details
Road Access
Office Units
Property Use
Amenities
kitchenette
private back entrance
file and general storage
Building Details
Buildings
Stories
Listing Agency:
Marek Property Advisors
Listed By:
Chris Marek · License SC #101869
(843) 936-1116
Source:
Thenelsonteamsc
Added: Sep 6
Changed: Nov 9
Last Checked: Nov 9 at 10:28AM
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 Marek Property Advisors
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story office property includes multiple suites and a mix of private offices, additional rooms, bathrooms, and kitchenette space. Unit A contains 1,463 sqft, with seven private offices, two other rooms suited to office or reception use, two bathrooms, and a private rear entrance on the first floor. A second-floor area of 1,209 sqft has four offices; Unit B is also available at 1,232 sqft. The building has served medical and legal office uses, with storage on both levels and wood flooring through much of the space alongside carpet in select offices.
The property fronts N. Fraser Street in Georgetown and provides on-site parking. The stated lease structure is modified gross.
The property fronts N. Fraser Street in Georgetown and provides on-site parking. The stated lease structure is modified gross.
Key Highlights
- Unit A: 1,463 sqft, seven private offices, two additional rooms, two bathrooms, and a kitchenette
- Second‑floor area: 1,209 sqft with four offices
- Unit B available at 1,232 sqft
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,566
Suggested Prices Based on Cap Rates
Cap Rate 5%
$651,320
$651.3K
Cap Rate 7%
$465,229
$465.2K
Cap Rate 9%
$361,844
$361.8K
Market Conditions
NOI Build-Up for 2,672 SF
Gross rent
$59.3K $22.20/SF
− Vacancy
−$5.0K −$1.89/SF
EGI
$54.3K $20.31/SF
− OpEx
−$21.7K −$8.13/SF
NOI
$32.6K $12.19/SF
Area
Georgetown County, SC
Vacancy
8.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$651,320
Cap Rate 7%
$465,229
Cap Rate 9%
$361,844
Alternative Uses
Best Use
Office B
$535.9K
$468.9K – $625.3K
NOI $37,515 @ 7.0% cap
Second Best
Healthcare Medical
$465.2K
$407.1K – $542.8K
NOI $32,566 @ 7.0% cap
Theoretical Best
Office A
$732.9K
$641.3K – $855.0K
NOI $51,302 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
124
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
$160,400
Median Home Value
Market
Average Price Trend$/SF for Office Units in Georgetown County, SC
Properties on Market for Office Units in Georgetown County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Office layouts include private rooms, reception areas, kitchenettes, and on-site parking.
Where is this office unit located?
The property is located at 2591-A N Fraser St. Georgetown, SC.
What are key features of this property?
This property features: Unit A: 1,463 sqft, seven private offices, two additional rooms, two bathrooms, and a kitchenette; Second‑floor area: 1,209 sqft with four offices; Unit B available at 1,232 sqft
