Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8636 Old State Rd Holly Hill, SC 29059

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime SC location, renovated executive suites

    Lot size:
    8,995 SF

    Property Features for 8636 Old State Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,995 SF
    Total Rate
    8995

    Building Details

    Year Built/Renovated
    1920/2022
    Buildings
    1
    Stories
    2

    Spaces For Lease

    at 8636 Old State Rd, Holly Hill, SC 29059 Contact us
    Unit B

    $15 /Mo

    Size
    2,509 SF
    Contact us
    Unit C

    $12 /Mo

    Size
    1,936 SF
    Contact us
    Unit D

    $12 /Mo

    Size
    1,671 SF
    Contact us
    Unit E

    $12 /Mo

    Size
    549 SF
    Contact us
    Unit A

    $15 /Mo

    Size
    2,310 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Brent Case
    Brent Case

    Listing Agency: Coldwell Banker Commercial Atlantic Listing Agent: Brent Case

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional commercial property, located at 8636 Old State Rd in Holly Hill, South Carolina, offers 8,995 square feet of versatile space within a beautifully renovated historic building (Year Built: 1920, Year Renovated: 2022). Currently, all 8,995 square feet are available for lease, divisible into units ranging from a minimum of 549 square feet to a maximum contiguous space of 2,509 square feet. The two-story building features five total suites, providing flexibility for various business needs. Its prime location at the corner of Gardner Blvd and Old State Rd ensures excellent visibility and accessibility. Ample parking is available for tenants and customers. The property's diverse zoning allows for a multitude of uses, including restaurant, retail, office, event space, or hospitality. This meticulously renovated building in the heart of Downtown Holly Hill presents a unique opportunity for businesses seeking a prominent and well-appointed space in a vibrant community. The property's APN is 0332-20-07-009, and it is situated in Orangeburg County. The building's history and recent renovation combine to create a truly distinctive commercial offering.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Supportive Auto Insurance ... Insurance Agency

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Holly Hill
    County
    Orangeburg
    State
    South Carolina
    Longitude
    -80.4107614
    Latitude
    33.3206046

    FAQs

    What type of property is this?
    Restaurant - Prime SC location, renovated executive suites
    Where is this restaurant located?
    The property is located at 8636 Old State Rd Holly Hill, SC.
    What is the lease rate?
    The lease rate is $12-$15 SF/Yr.
    What are key features of this property?
    This property features: 8,995 SF of versatile commercial space available for lease in a beautifully renovated historic building (1920, renovated 2022) in Holly Hill, SC.; Divisible into units from 549 SF to 2,509 SF contiguous.; Five suites available in a two-story building.
    (843) 725-6255 Call to check price and availability
    Request Owner's contact information
    8636 Old State Rd Holly Hill, SC 29059
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8636 Old State Rd
    Holly Hill, SC 29059
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8636 Old State Rd Holly Hill, SC 29059
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Brent Case
    Brent Case
    (843) 725-6255 (843) 270-4192 (843) 733-9615
    Learn more
    Google sign-in failed. Please try again or use another login method.