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Convenience Store with Acreage

8091 Highway 56 Enoree, SC 29335

8091 Highway 56, Enoree, SC, 29335
$230,000
For Sale
$230,000

Existing convenience store building sits on accompanying acreage along Highway 56 in Enoree, SC.

Property Size1,750 SF
Lot Size6.40 Acres
Price / SF$131.43
Days on Market119

Property Features for 8091 Highway 56

General Information

Standard status
Active
Size
1,750 SF
Lot size
6.40 Acres
Listing agency SPRINGS REALTY
Listed by Clay Palmer · License #97246
Source Exprealty
Added: Mar 26 Updated: Jul 21 at 3:39PM Checked: Jul 21 at 3:39PM

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 SPRINGS REALTY


Investment Insights

Based on property information with market context.

This property offers an existing convenience store building that has been closed for a few years. The seller states it still includes everything needed to get started again. The building size is listed at 1,750 square feet, and the purchase also includes 6.4 acres of additional land.

Located at 8091 Highway 56 in Enoree, South Carolina, the property benefits from its placement along the highway, providing straightforward access for retail-oriented use.

Key Highlights

  • Existing convenience store building on an accompanying 6.4‑acre tract
  • Located along Highway 56 in Enoree, SC
  • Convenience store has been closed for a few years but includes what’s needed to get started

Local Financial Insights For Retail

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 $31.5k $18.00
− Vacancy −$2.7k −$1.57
EGI $28.8k $16.43
− OpEx −$8.6k −$4.93
NOI $20.1k $11.50
1,750 SF · lease $18.00/SF/yr · vacancy 8.70% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$492.2K
$430.7K – $574.2K (±1% cap)
NOI $34,453 @ 7.0% cap · market cap 14.98%
Second Best
Retail
$287.6K
$251.7K – $335.5K (±1% cap)
NOI $20,132 @ 7.0% cap · market cap 8.75%
Theoretical Best
Warehouse
$1.36M
$1.19M – $1.58M (±1% cap)
NOI $95,099 @ 7.0% cap · market cap 41.35%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Grocery and convenience stores

FAQs

What type of property is this?
Grocery and convenience store - Existing convenience store building sits on accompanying acreage along Highway 56 in Enoree, SC.
Where is this grocery and convenience store located?
The property is located at 8091 Highway 56 Enoree, SC.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Existing convenience store building on an accompanying 6.4‑acre tract; Located along Highway 56 in Enoree, SC; Convenience store has been closed for a few years but includes what’s needed to get started
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