Established Automotive Business
Darlington Ave Hartsville, SC 29550
For Sale
Contact for pricing
Operating automotive business and building for sale in Hartsville.
Property Size5,493 SF
Price / SF$104.68
Days on Market664
Property Features for Darlington Ave
General Information
- Standard status
- Active
- Size
- 5,493 SF
- Property subtype
- Business for Sale, Retail
Listing Agency:
Choice Realty
(854) 205-3527
Listed By:
Jonathan Lee · License #SC
Source:
Crexi
Added: Sep 29, 2024
Changed: Jul 6
Last Checked: Jul 23 at 1:26PM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
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
NOI $34,467 @ 7.0% cap · market cap 5.99%
Second Best
Industrial
$353.6K
$309.4K – $412.6K
NOI $24,755 @ 7.0% cap · market cap 4.31%
Theoretical Best
Specialty Retail
$10.16M
$8.89M – $11.85M
NOI $711,151 @ 7.0% cap · market cap 123.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar Off Market 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
- Brads Automotive — 544 S Fifth St, Hartsville, SC 29550
- Phoenix Premium Performance — 311 Sumter St, Hartsville, SC 29550
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.
