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Gas Station Opportunity
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717 North Greenwood Avenue Extension, Ware Shoals, SC 29692

Gas station for sale at a 4-way intersection.

Property Size1,596 SF
Price / SF$59.52
Days on Market148

Property Features for 717 North Greenwood Avenue Extension

General Information

Standard status Active
Size 1,596 SF
Property subtype Retail
Listing Agency: Shane Crummie
Listed By: Shane Weatherford · License #131373
Source: Crexi
Added: May 19 Changed: Sep 28 Last Checked: Oct 12 at 8:13PM

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 Shane Crummie

Investment Insights

Based on property information with market context.

This property is a gas station located at a 4-way intersection. The property size is 1,596 square feet. Lottery sales are $30,000, and the station sells 2,000 gallons of fuel. The rent is $2,600. The store is currently not being run properly. There are no other gas stations at the intersection. The current owner does not serve any hot foods or vape/smoke products. A strong operator could serve hot dogs and food and improve business.

Key Highlights

  • Located at a 4‑way intersection with no other gas stations, offering a monopoly in the immediate area.
  • Lottery sales inside.
  • High gasoline volume potential: 30,000 gallons.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$7,361
Cap Rate
7.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$147,220 $147.2K
Cap Rate 7%
$105,157 $105.2K
Cap Rate 9%
$81,789 $81.8K
Market Conditions
NOI Build-Up for 1,596 SF
Gross rent
$16.3K $10.20/SF
− Vacancy
−$5.8K −$3.61/SF
EGI
$10.5K $6.59/SF
− OpEx
−$3.2K −$1.98/SF
NOI
$7.4K $4.61/SF
Area
Greenwood County, SC
Vacancy
35.40%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$147,220
Cap Rate 7%
$105,157
Cap Rate 9%
$81,789

Alternative Uses

Best Use
Specialty Retail
$296.7K
$259.6K – $346.2K (±1% cap)
NOI $20,770 @ 7.0% cap · market cap 21.86%
Second Best
Industrial
$134.3K
$117.5K – $156.7K (±1% cap)
NOI $9,401 @ 7.0% cap · market cap 9.90%
Theoretical Best
Office A
$501.4K
$438.7K – $584.9K (±1% cap)
NOI $35,096 @ 7.0% cap · market cap 36.94%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Cash2Bitcoin Bitcoin ATM Crypto Atm ATM Atm Quick Way 6 Grocery & Convenience Store Bitstop Bitcoin ATM Atm

Suggested Use

Top Pick Real Estate Agency Building Supply Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

76
Businesses Nearby

Demographics for 29692, SC

4,602
Population
2,630
Households
1.7
Avg Household Size
44
Median Age
17%
College-Educated
85%
High-School Grad
48.6 sq mi
ZIP Area
95
Density / Sq Mi
$42,533
Median Household Income
$32,128
Median Earnings
$744
Median Rent
$95,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Gas station - Gas station for sale at a 4-way intersection.
Where is this gas station located?
The property is located at 717 North Greenwood Avenue Extension Ware Shoals, SC.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Located at a 4‑way intersection with no other gas stations, offering a monopoly in the immediate area.; Lottery sales inside.; High gasoline volume potential: **30,000 gallons.**
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