Church Facility with Three
For Sale
$315,000
781 Nottingham St, Orangeburg, SC 29115
Religious property featuring a sanctuary, flexible house or office space, and a separate social hall on a sizable lot.
Property Size4,896 SF
Lot Size1.30 Acres
Price / SF$64.34
Days on Market178
Property Features for 781 Nottingham St
General Information
Standard status
Active
Size
4,896 SF
Lot size
1.30 Acres
Property Condition
Severity
Repairs Needed
Evidence
Needs some work
Building Details
Buildings
3
Listing Agency:
Live Oak Real Estate
(843) 879-8873
Listed By:
Mary Sesler
Source:
Exprealty
Added: Mar 6
Changed: Aug 30
Last Checked: Aug 30 at 5:36PM
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 Live Oak Real Estate
Investment Insights
Based on property information with market context.
This 4,896-square-foot religious facility occupies 1.3 acres and includes three separate buildings. The improvements consist of a church and sanctuary, a house or office building, and a social hall, creating a varied configuration for religious, administrative, and gathering functions. The property needs some work.
Located at 781 Nottingham St in Orangeburg, the site is three blocks from Claflin University and South Carolina State University. Its combination of an established church building, supporting structures, and substantial land area provides a defined commercial property format with multiple existing components.
Located at 781 Nottingham St in Orangeburg, the site is three blocks from Claflin University and South Carolina State University. Its combination of an established church building, supporting structures, and substantial land area provides a defined commercial property format with multiple existing components.
Key Highlights
- 1.3‑acre site with three separate buildings
- 4,896‑square‑foot religious facility
- Church and sanctuary included
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
$28,091
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
8.92%
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%
$561,820
$561.8K
Cap Rate 7%
$401,300
$401.3K
Cap Rate 9%
$312,122
$312.1K
Market Conditions
NOI Build-Up for 4,896 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
$52.9K $10.80/SF
− Vacancy
−$7.9K −$1.62/SF
EGI
$44.9K $9.18/SF
− OpEx
−$16.9K −$3.44/SF
NOI
$28.1K $5.74/SF
Area
Orangeburg County, SC
Vacancy
15.00%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
37.50%
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%
$561,820
Cap Rate 7%
$401,300
Cap Rate 9%
$312,122
Alternative Uses
Best Use
Mixed Use
$401.3K
$351.1K – $468.2K
NOI $28,091 @ 7.0% cap · market cap 8.92%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$709.3K
$620.6K – $827.5K
NOI $49,651 @ 7.0% cap · market cap 15.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
814
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Church & religious facility - Religious property featuring a sanctuary, flexible house or office space, and a separate social hall on a sizable lot.
Where is this church & religious facility located?
The property is located at 781 Nottingham St Orangeburg, SC.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 1.3‑acre site with three separate buildings; 4,896‑square‑foot religious facility; Church and sanctuary included
