Johns Island Automotive Service
For Sale
Contact for pricing
Pending
3188 River Rd. Johns Island SC, Johns Island, SC 29455
2.75 acre parcel with established automotive service business.
Property Size4,500 SF
Lot Size2.75 Acres
Days on Market811
Property Features for 3188 River Rd. Johns Island SC
General Information
Standard status
Pending
Size
4,500 SF
Lot size
2.75 Acres
Property subtype
Business for Sale
Listing Agency:
Belk | Lucy
(843) 566-2867
Listed By:
Trey Lucy · License #68777
Source:
Crexi
Added: May 17, 2024
Changed: Jul 10
Last Checked: Jul 24 at 6:22AM
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 Belk | Lucy
Investment Insights
Based on property information with market context.
This property presents an opportunity to acquire a 2.75-acre parcel with an existing automotive service business. Situated on Johns Island, approximately 12 miles from Kiawah, the property features an automotive shop that has been in operation for over 60 years. The property includes two freestanding buildings. The front building, approximately 4,500 square feet, contains six enclosed bays and four open bays. The rear building is approximately 2,170 square feet. While the current zoning is agricultural use, the property is grandfathered in, allowing for a service garage.
Key Highlights
- Established automotive service business operating for over 60 years.
- Only automotive shop on Johns Island.
- 2.75 acre parcel included in the purchase.**
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 | $125.8k | $27.96 |
| − Vacancy | −$5.2k | −$1.15 |
| EGI | $120.7k | $26.81 |
| − OpEx | −$36.2k | −$8.04 |
| NOI | $84.5k | $18.77 |
4,500 SF · lease $27.96/SF/yr · vacancy 4.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.21M
$1.06M – $1.41M
NOI $84,463 @ 7.0% cap · market cap 4.45%
Second Best
Industrial
$1.11M
$968.2K – $1.29M
NOI $77,452 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$1.63M
$1.43M – $1.91M
NOI $114,345 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29455, SC
28,344
Population
17,196
Households
1.6
Avg Household Size
46
Median Age
57%
College-Educated
95%
High-School Grad
100.2 sq mi
ZIP Area
283
Density / Sq Mi
$117,422
Median Household Income
$56,126
Median Earnings
$1,489
Median Rent
$499,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Auto shop - 2.75 acre parcel with established automotive service business.
Where is this auto shop located?
The property is located at 3188 River Rd. Johns Island SC Johns Island, SC.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Established automotive service business operating for over 60 years.; Only automotive shop on Johns Island.; 2.75 acre parcel included in the purchase.**
