Building Details

Floors in Building 1

Number of units 1

Listing Agency: Tidewater Properties · Tucker Associates b***@gmail.com

Listed By: Robert McCants Show Phone

Added: Jul 17, 2025 Changed: Oct 6 Last Checked: Oct 24 at 3:06PM

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MLS# 2517480

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.

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This 3-acre commercial land parcel includes a 2,500-square-foot metal building with fresh interior paint, a new security fence, and a concrete parking lot. The existing improvements provide a functional starting point for a range of commercial or residentially oriented uses supported by the property’s zoning framework.

The site fronts HWY 51 for 455 feet and also has access from two side streets. Public water and sewer are readily available. Located in Georgetown County, the property carries VR-10 zoning, which the source information identifies as Village Residential and as accommodating timber activities and feed and seed shops.

Key Highlights

• 3 acres of commercial land in Georgetown County
• 2,500 square foot metal building with fresh interior paint
• 455 feet of frontage on HWY 51

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$29,925

Cap Rate

8.55%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$598,500 $598.5K

Cap Rate 7%

$427,500 $427.5K

Cap Rate 9%

$332,500 $332.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,500 SF

Gross rent

$45.0K $18.00/SF

− Vacancy

−$2.3K −$0.90/SF

EGI

$42.8K $17.10/SF

− OpEx

−$12.8K −$5.13/SF

NOI

$29.9K $11.97/SF

Area

Georgetown County, SC

Vacancy

5.00%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$598,500

Cap Rate 7%

$427,500

Cap Rate 9%

$332,500

Alternative Uses

Best Use

Retail

$427.5K

$374.1K – $498.8K (±1% cap)

NOI $29,925 @ 7.0% cap · market cap 8.55%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$685.7K

$600.0K – $800.0K (±1% cap)

NOI $48,000 @ 7.0% cap · market cap 13.71%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Barber Shop Accounting Firm Hair Salon Cosmetic Store Wine and Liquor 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.

Lease Details

Yes

Fenced yard

Yes

Highway access

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

20

Businesses Nearby

Explore this area Business Placement

Demographics for 29440, SC

27,451

Population

13,845

Households

2

Avg Household Size

46

Median Age

23%

College-Educated

89%

High-School Grad

523.1 sq mi

ZIP Area

52

Density / Sq Mi

$54,926

Median Household Income

$33,636

Median Earnings

$912

Median Rent

$160,400

Median Home Value

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

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Frequently Asked Questions

What type of property is this?

Commercial land - Zoned VR-10, the tract includes an updated metal building, concrete parking, and access to public utilities.

Where is this commercial land located?

The property is located at 7914 Browns Ferry Rd. Georgetown, 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: 3 acres of commercial land in Georgetown County; 2,500 square foot metal building with fresh interior paint; 455 feet of frontage on HWY 51