1057 Broad St Sumter, SC 29150-2567
- Commercial real estate
- 51,143 SF
- 1.18 lot acres
Current Use by Public Records
- Jewelry World / Gold Dealer / Goldsmith
- JCPenney Home Store / Furniture Store
- Rainbow Shops / Jewelry Store / Children'S Clothing Store
- rue21 / Fashion Accessories Store / Women'S Clothing Store
- The Children's Place / Children'S Clothing Store / Clothing Store
Property Details for 1057 Broad St
- Year built
- 1980
- Construction
- STEEL FRAME
- Lot size
- 1.18 lot acres
- Property size
- 51,143 SF
- Zone code
- GC
- Property type
- Commercial real estate
- APN
- 230-16-01-001
- APU
- 2301601001
Description
This exceptional retail opportunity is located within the bustling Sumter Mall in Sumter County, South Carolina. The space, totaling 1,650 square feet, is ideally situated as an inline unit within a larger mall environment, offering excellent visibility and foot traffic. The mall itself boasts a substantial 342,100 square feet of total building space, indicating a significant draw for shoppers and potential customers. This particular space is perfect for a food-related business, given its classification as a food-oriented inline mall unit. The multiple tenancy structure of the mall ensures a diverse range of offerings, creating a vibrant and attractive shopping destination. The location within Sumter County provides access to a well-established local market. This is a rare chance to secure a prime retail space in a thriving mall setting, offering significant potential for growth and success. The space is currently available for lease, presenting an immediate opportunity for businesses seeking a high-traffic location with established customer flow. Interested parties should inquire promptly to secure this exceptional retail space. The property is ready for immediate occupancy and offers a fantastic opportunity for a business looking to establish or expand its presence in the Sumter, SC market. The size and location within the mall provide excellent potential for high visibility and customer interaction. This is a turn-key opportunity in a well-established and successful shopping center.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $730,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $785,000
- 6.5%
- $755,000
- 7%
- $760,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $835,000
- Geo Method
- $780,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $780,000
- Retail
- $625,000
- Mixed-Use
- $700,000
- Hospitality
- $760,000
- Educational
- $625,000
- Residential Income
- $655,000
- Energy
- $765,000
- Income-Based Land
- $640,000
- Food Service
- $745,000
Location Insight
- Map
- Local Demand
- City
- Sumter
- County
- Sumter
- State
- South Carolina
- Longitude
- -80.3737
- Latitude
- 33.9509
- CBSA code
- 44940
- CBSA name
- SUMTER, SC METROPOLITAN STATISTICAL AREA