Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Cleared Lot in Historic District Title is generated by Realmo AI

    310 Drayton Street, McClellanville, SC 29458

    View on Map
    Claim this Listing
    For Sale
    $99,000

    LAND - McClellanville, SC

    Lot size:
    0.13 Acres
    Added:
    Aug 6, 2025
    Days on Market:
    302
    Last Refresh:
    Jun 3 at 3:06 am

    Property Features for 310 Drayton Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.13 Acres

    We can help!

    Listing Contact
    Oliver Thames

    Listing agent Oliver Thames License #85699

    Listing office MCVL Realty McClellanville, SC

    Listing date Aug 6, 2025

    MLS# 25021580 Listing URL

    Copyright © 2026 CHS Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Approved for a one‑bedroom home with septic permit in hand and full pre‑construction approval from the Town of McClellanville, including engineered house plans.
    • Revised Elevation Certificate to AE‑11.
    • Cleared lot ready for building in the heart of McClellanville's Historic District.
    • Opportunity to skip months of planning and start building immediately.
    • Prime Location in picturesque village known for walkability, seafood restaurants, and charming shops.
    • Endless outdoor recreation including fishing and beach combing.

    Overview

    This cleared lot is located in the heart of McClellanville's Historic District. It is approved for a one-bedroom home with a septic permit in hand. The property has full pre-construction approval from the Town of McClellanville, including engineered house plans. The Elevation Certificate has been officially revised to AE-11. This property offers the opportunity to start building immediately. McClellanville is known for its walkability, seafood restaurants, shops, and outdoor recreation including fishing and beach combing. The lot size is 0.13 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Dental Office Big Box & Wholesale Store Pharmacy Gym & Fitness Center Department Store Kitchen & Bath Showroom Food Market HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    McClellanville
    County
    Charleston
    State
    South Carolina
    Longitude
    -79.460389
    Latitude
    33.08822

    Nearby Similar for Sale

    • $239,900

      Highway 17 Commercial Parcel

      3.19-acre commercial parcel with high visibility on Highway 17.
      9904 Highway 17 N, McClellanville, SC 29458
      View Details
    • $450,000

      Waterfront Land in Gated Community

      2.79 acres on Intracoastal Waterway in McClellanville, SC.
      0 Two Pines Rd, Mcclellanville, SC 29458
      View Details
    • $399,000

      Highway 17 Commercial Land

      4.74 acres with highway frontage in growing McClellanville.
      9985 Highway 17 N, McClellanville, SC 29458
      View Details
    • $580,000

      32 Acres Santee Corridor Land

      Wooded acreage near Santee Coastal Reserve, ideal for hunting.
      Geathers Road, McClellanville, SC 29458
      View Details
    • $700,000

      Waterfront Land in Gated Community

      Large land parcel with water frontage and marsh views.
      9760 Two Pines Road, McClellanville, SC 29458
      View Details
    • $130,000

      Residential Land in McClellanville, SC

      Land available for building a home near local amenities.
      444 Mercantile Road, McClellanville, SC 29458
      View Details
    • $139,000

      Waterfront Homesite in McClellanville, SC

      0.8-acre wooded homesite with water views and privacy.
      245 Warren Drive, McClellanville, SC 29458
      View Details
    • $750,000

      McClellanville Land with Forest Access

      13.84 acres with direct access to Francis Marion Forest.
      9168 Old Georgetown Road, McClellanville, SC 29458
      View Details
    • $195,000

      Homesites in McClellanville, SC

      Ready-to-build homesites in a thoughtfully designed community.
      2 Harvest Moon Lane, McClellanville, SC 29458
      View Details
    • $799,000

      Marshfront Acreage Near McClellanville

      14.46 acre wooded tract with homesite potential near McClellanville.
      3733 N Highway 17, McClellanville, SC 29458
      View Details
    • $179,000

      McClellanville Homesite Near Waterway

      0.37 acre homesite near Intracoastal Waterway, shops, and dining.
      135 Scotia Street, McClellanville, SC 29458
      View Details
    • $139,000

      Acre Lot in McClellanville, SC

      1-acre lot in McClellanville near shops and restaurants.
      1020 Pinckney Street, McClellanville, SC 29458
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Cleared lot in McClellanville's Historic District, ready for coastal retreat.
    Where is this residential land & home lot located?
    The property is located at 310 Drayton Street McClellanville, SC.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: Approved for a one‑bedroom home with septic permit in hand and full pre‑construction approval from the Town of McClellanville, including engineered house plans.; Revised Elevation Certificate to AE‑11.; Cleared lot ready for building in the heart of McClellanville's Historic District.
    (843) 606-0622
    We can help!
    Listing Contact
    Oliver Thames
    Real Estate License ID: 85699
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    310 Drayton Street, McClellanville, SC 29458
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!