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    Established Automotive Business Opportunity Title is generated by Realmo AI

    Darlington Ave, Hartsville, SC 29550

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    Operating automotive business and building for sale in Hartsville.

    Type:Business for Sale, Retail
    Property size:
    5,493 SF
    Price / SF:
    $104/SF
    Added:
    Sep 29, 2024
    Days on Market:
    618
    Last Refresh:
    May 12 at 8:02 pm

    Property Features for Darlington Ave

    General Information

    Standard status
    Active
    Size
    5,493 SF
    Property subtype
    Business for Sale, Retail

    We can help!

    Listing Contact
    Jonathan Lee

    Listing agent Jonathan Lee License #SC

    Listing office Choice Realty

    Listing date Sep 29, 2024

    Source Crexi

    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 Choice Realty

    HighLights

    • Established automotive business with building included.
    • Excellent location on a major cut‑through street with high traffic counts.
    • Solid customer base and excellent reputation.
    • Includes all essential tools and equipment.
    • 5,493 sq ft building in Darlington County.
    • Proximity to Darlington Raceway (15‑minute drive).

    Overview

    This is an opportunity to acquire both the building and an established automotive business. The 5,493 square foot building is situated on a major street in Darlington County, approximately 15 minutes from Darlington Raceway. The location benefits from high traffic counts, with 14,300 vehicles per day on 5th Street and 12,900 vehicles per day on 4th Street, the two major thoroughfares leading into Hartsville. The property is surrounded by long-term established service businesses and offers potential for an enthusiastic entrepreneur to capitalize on an excellent business location, solid customer base, excellent reputation, and a solid team, along with essential tools and equipment for an automotive business.

    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 $54.7k $9.96
    − Vacancy −$5.5k −$1.00
    EGI $49.2k $8.96
    − OpEx −$14.8k −$2.69
    NOI $34.5k $6.27
    5,493 SF · lease $9.96/SF/yr · vacancy 10.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $492.4K
    $430.8K – $574.5K (±1% cap)
    NOI $34,467 @ 7.0% cap · market cap 5.99%
    Second Best
    Industrial
    $353.6K
    $309.4K – $412.6K (±1% cap)
    NOI $24,755 @ 7.0% cap · market cap 4.31%
    Theoretical Best
    Specialty Retail
    $10.16M
    $8.89M – $11.85M (±1% cap)
    NOI $711,151 @ 7.0% cap · market cap 123.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Similar Places Nearby

    • Gibson Wheel Alignment & Tire Service — 200 Darlington Ave, Hartsville, SC 29550
    • Quality Auto Sales Service Center of Hartsville — 220 Darlington Ave, Hartsville, SC 29550
    • Strickland Brothers 10 Minute Oil Change — 910 S Fifth St, Hartsville, SC 29550
    • Phoenix Premium Performance — 311 Sumter St, Hartsville, SC 29550
    • Walmart Auto Care Centers — 1150 S Fourth St, Hartsville, SC 29550

    Map

    City
    Hartsville
    County
    Darlington
    State
    South Carolina
    Longitude
    -80.069182
    Latitude
    34.367883

    FAQs

    What type of property is this?
    Auto shop - Operating automotive business and building for sale in Hartsville.
    Where is this auto shop located?
    The property is located at Darlington Ave Hartsville, SC.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: Established automotive business with building included.; Excellent location on a major cut‑through street with high traffic counts.; Solid customer base and excellent reputation.
    More about this property
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