Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Golf Course Lot Investment Opportunity Title is generated by Realmo AI

    355 Cavello Ct., Johnsonville, SC 29555

    View on Map
    Claim this Listing
    New
    Picture of Residential land & home lots at 355 Cavello Ct., Johnsonville, SC
    For Sale
    $49,000

    LAND - Johnsonville, SC

    Lot size:
    0.28 Acres
    Added:
    May 29, 2026
    Days on Market:
    2
    Last Refresh:
    May 30 at 3:06 am

    Property Features for 355 Cavello Ct.

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Res.
    Standard status
    Active
    Lot size
    0.28 Acres

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Wayne Gaddy
    Wayne Gaddy

    Listing agent Wayne Gaddy License #81693

    Listing office EXP Realty LLC MYRTLE BEACH, SC

    Listing date May 29, 2026

    MLS# 2613860 Listing URL

    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.

    HighLights

    • Golf course lot with stunning fairway and green views.
    • Town water and sewer connections available.
    • No HOA fees.
    • Underground utilities.
    • Located in Johnsonville School District.
    • Enjoy walking trails and a pond in the subdivision.

    Overview

    This 0.28-acre residential lot is located in Persimmon Fields, offering a potential investment opportunity. The property features town water and sewer services, along with underground utilities. Situated within the Johnsonville School District, the lot benefits from access to local educational resources. The subdivision includes walking trails and a pond. The property is not subject to Homeowners Association fees. It offers fairway and green views, presenting an opportunity for building. The lot is located in Johnsonville, South Carolina.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnsonville
    County
    Florence
    State
    South Carolina
    Longitude
    -79.435342
    Latitude
    33.811973

    Nearby Similar for Sale

    • $880,000

      200 Acres Recreational Land Peninsula

      200-acre peninsula with riverfront, recreational opportunities, and abundant wildlife.
      0 Allison Landing Road, Johnsonville, SC 29555
      View Details
    • $699,000

      86.5 Acres Hunting Land

      Prime hunting land with road system and fish pond.
      Muddy Creek Rd., Johnsonville, SC 29555
      View Details
    • $105,000

      Cleared and Wooded Land

      7.11 acres of land in Johnsonville, South Carolina.
      Sheila Dr. lot: 4, Johnsonville, SC 29555
      View Details
    • $139,000

      Land in Johnsonville, SC

      9.75 acre residential land available in Johnsonville, South Carolina.
      Sheila Dr. lot: 3, Johnsonville, SC 29555
      View Details
    • $17,775

      Commercial Land in Johnsonville Area

      Prime commercial land with development potential in Johnsonville, SC.
      212 Maple St, Johnsonville, SC 29555
      View Details
    • $139,000

      Johnsonville Land with Hunting Potential

      14.81 acres in Johnsonville, SC, suitable for hunting/homesite.
      14.81 Acres-TBD S Deerfield Rd., Johnsonville, SC 29555
      View Details
    • $160,000

      Cleared Lot on Highway 51

      0.67 acre lot in the heart of Johnsonville, SC.
      S Georgetown Hwy., Johnsonville, SC 29555
      View Details
    • $17,775

      Johnsonville Investment Opportunity

      Prime property in Johnsonville, SC, with development potential.
      212 Maple Street, Johnsonville, SC 29555
      View Details
    • $24,800

      Cleared Quarter-Acre Homesite

      Cleared quarter-acre lot in Johnsonville, SC, ready for your dream home.
      421 N Railroad Ave., Johnsonville, SC 29555
      View Details
    • $29,500

      Residential Land Near Golf Club

      Half-acre lot in Johnsonville, near golf, dining, and schools.
      Golfview Circle, Johnsonville, SC 29555
      View Details
    • $29,500

      Cleared Lot in Johnsonville, SC

      Cleared 0.47-acre lot with utilities, no HOA, dual access.
      551 Maple Ave., Johnsonville, SC 29555
      View Details
    • $24,800

      Cleared Lot in Johnsonville, SC

      Cleared lot ready for your dream home in Johnsonville.
      283 Byrnes Circle, Johnsonville, SC 29555
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot in Persimmon Fields, Johnsonville, SC. No HOA.
    Where is this residential land & home lot located?
    The property is located at 355 Cavello Ct. Johnsonville, SC.
    What is the asking price?
    The asking price for this property is $49,000.
    What are key features of this property?
    This property features: Golf course lot with stunning fairway and green views.; Town water and sewer connections available.; No HOA fees.
    (843) 603-5552
    We can help!
    Listing Contact
    Wayne Gaddy
    Wayne Gaddy
    Real Estate License ID: 81693
    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
    355 Cavello Ct., Johnsonville, SC 29555
    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!