Corner Commercial Lot with
571 Main Road Johns Island, SC 29455
New
For Sale
$350,000
Zoned Rural Commercial corner lot with 293 ft Main Rd and 153 ft Old Pond Road frontage.
Property Size896 SF
Lot Size0.33 Acres
Price / SF$390.63
Days on Market7
Property Features for 571 Main Road
General Information
Standard status
Active
Size
896 SF
Lot size
0.33 Acres
Property subtype
Land or Vacant Lot
Listing Agency:
CAROLINA ONE REAL ESTATE
Listed By:
NATHAN NAYLOR
Source:
Corcoran
Added: Jul 22
Changed: Jul 25
Last Checked: Jul 27 at 8:06AM
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 CAROLINA ONE REAL ESTATE
Investment Insights
Based on property information with market context.
Corner commercial lot on Johns Island with dual street frontage and existing improvements on a 0.33-acre parcel, zoned Rural Commercial. The site offers approximately 293 ft of frontage on Main Rd and 153 ft on Old Pond Road, providing two points of access. An existing 896-square-foot structure on the property includes 2 bedrooms and 1 bathroom and is being sold as-is.
The property sits within the Main Rd Corridor described in the remarks as a fast-growing commercial area. The building is in need of substantial renovation, and the structure could be updated for office, retail, or a business headquarters.
The offering also notes the opportunity to combine with an adjacent 2.45-acre parcel, which would create nearly 3 acres with approximately 440 ft of frontage on Main Rd.
The property sits within the Main Rd Corridor described in the remarks as a fast-growing commercial area. The building is in need of substantial renovation, and the structure could be updated for office, retail, or a business headquarters.
The offering also notes the opportunity to combine with an adjacent 2.45-acre parcel, which would create nearly 3 acres with approximately 440 ft of frontage on Main Rd.
Key Highlights
- 0.33‑acre corner lot zoned “Rural Commercial” with dual street frontage on Main Rd and Old Pond Road
- Approximately 293 ft of frontage on Main Rd plus 153 ft on Old Pond Road
- Includes an 896‑SF structure with 2 bedrooms and 1 bathroom, sold as‑is
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.9k | $30.00 |
| − Vacancy | −$1.9k | −$2.10 |
| EGI | $25.0k | $27.90 |
| − OpEx | −$6.2k | −$6.98 |
| NOI | $18.7k | $20.92 |
896 SF · lease $30.00/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$267.8K
$234.4K – $312.5K
NOI $18,749 @ 7.0% cap · market cap 5.36%
Second Best
Retail
$240.3K
$210.2K – $280.3K
NOI $16,818 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$325.2K
$284.6K – $379.5K
NOI $22,767 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - Zoned Rural Commercial corner lot with 293 ft Main Rd and 153 ft Old Pond Road frontage.
Where is this commercial land located?
The property is located at 571 Main Road Johns Island, SC.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 0.33‑acre corner lot zoned “Rural Commercial” with dual street frontage on Main Rd and Old Pond Road; Approximately 293 ft of frontage on Main Rd plus 153 ft on Old Pond Road; Includes an 896‑SF structure with 2 bedrooms and 1 bathroom, sold as‑is
