Family Dollar Retail
For Sale
Contact for pricing
2755 Old Edisto Drive, Orangeburg, SC 29115
Established retail building serving the Orangeburg market with a recognized discount retail identity.
Property Size9,180 SF
Price / SF$103.78
Days on Market27
Property Features for 2755 Old Edisto Drive
General Information
Standard status
Active
Size
9,180 SF
Total Parking Spaces
44
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Net Operating Income
$90,508
Building Details
Year Built
2005
Year Renovated
2023
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Schuchert Retail Group
Listed By:
Jim Schuchert · License #01969414
Source:
Crexi
Added: Aug 4
Changed: Aug 29
Last Checked: Aug 29 at 8:16PM
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 Schuchert Retail Group
Investment Insights
Based on property information with market context.
This Family Dollar retail property contains 9,180 square feet and was constructed in 2005. The building is identified with the Family Dollar retail operation, providing a straightforward format for discount-oriented merchandise sales.
The property is located at 2755 Old Edisto Drive in Orangeburg, South Carolina, with a 29115 ZIP code. Its established construction date and dedicated retail configuration provide a clear physical profile for commercial real estate review.
The property is located at 2755 Old Edisto Drive in Orangeburg, South Carolina, with a 29115 ZIP code. Its established construction date and dedicated retail configuration provide a clear physical profile for commercial real estate review.
Key Highlights
- 9,180‑square‑foot retail building
- Family Dollar retail property
- Built in 2005
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$54,287
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,085,740
$1.1M
Cap Rate 7%
$775,529
$775.5K
Cap Rate 9%
$603,189
$603.2K
Market Conditions
NOI Build-Up for 9,180 SF
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.
Gross rent
$88.1K $9.60/SF
− Vacancy
−$10.6K −$1.15/SF
EGI
$77.6K $8.45/SF
− OpEx
−$23.3K −$2.53/SF
NOI
$54.3K $5.91/SF
Area
Orangeburg County, SC
Vacancy
12.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,085,740
Cap Rate 7%
$775,529
Cap Rate 9%
$603,189
Alternative Uses
Best Use
Retail
$775.5K
$678.6K – $904.8K
NOI $54,287 @ 7.0% cap · market cap 5.70%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.33M
$1.16M – $1.55M
NOI $93,096 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
27k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 63%
Shops & Services 37%
Piggly Wiggly
Groceries
16,860 visits/mo
0.3 miles
Citgo
Shops & Services
5,623 visits/mo
0.2 miles
Family Dollar
Shops & Services
4,366 visits/mo
0.1 miles
Demographics for 29115, SC
28,207
Population
14,058
Households
2
Avg Household Size
37
Median Age
19%
College-Educated
78%
High-School Grad
124.6 sq mi
ZIP Area
226
Density / Sq Mi
$34,174
Median Household Income
$26,854
Median Earnings
$779
Median Rent
$95,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Established retail building serving the Orangeburg market with a recognized discount retail identity.
Where is this retail space located?
The property is located at 2755 Old Edisto Drive Orangeburg, SC.
What is the asking price?
The asking price for this property is $952,715.
What are key features of this property?
This property features: 9,180‑square‑foot retail building; Family Dollar retail property; Built in 2005
