Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Cleared Land with Subdivision Potential Title is generated by Realmo AI

    TBD Mount Olive Church Rd., Green Sea, SC 29545

    View on Map
    Claim this Listing
    For Sale
    $34,900

    Land, Other - Green Sea, SC

    Lot size:
    1.62 Acres
    Added:
    Jan 2, 2025
    Days on Market:
    504
    Last Refresh:
    May 21 at 6:06 pm

    Property Features for TBD Mount Olive Church Rd.

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.62 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Mikey Mash Pro Team

    Listing agent Mikey Mash Pro Team License #12345,PersonLicenseNumber

    Listing office NextHome The Agency Group 1312 2nd Ave, Unit D, SC

    Listing date Jan 2, 2025

    MLS# 2500078 Listing URL

    Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Cleared land with exceptional soil, ideal for building
    • Flexibility to purchase the entire tract or select lots
    • Subdivision layout is adjustable based on the buyer's needs
    • Stick‑built, modular, or doublewide homes are permitted with a minimum of 1,200 sq ft
    • Opportunity for customization with requirements
    • Mobile homes are allowed if they are 2015 or newer

    Overview

    This is a 1.62-acre tract of cleared land featuring exceptional soil. A proposed subdivision plat shows the potential layout, including Lot 4. The land has not yet been subdivided, allowing for adjustments to the subdivision layout based on the buyer's needs. The owner is open to selling the entire tract or individual lots in sequence from left to right or right to left. The lot will require a well and septic system. Building restrictions are in place, requiring homes to be stick-built, modular, or doublewide, with a minimum of 1,200 sq ft. A covered front porch of at least 4x8 is required, and the foundation must be made of stone or brick, as plastic or vinyl underpinnings are not allowed. Additionally, there must be at least one stall in the carport. If a mobile home is placed on the property, it must be 2015 or newer. This property offers flexibility and room for customization.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Green Sea
    County
    Horry
    State
    South Carolina
    Longitude
    -79.0616
    Latitude
    34.2135

    Nearby Similar for Sale

    • $249,900
      2,010 SF

      Highway Frontage Commercial Property

      1.72 acres with highway frontage and income potential.
      401/416 Sandy Bluff Rd., Green Sea, SC 29545
      View Details
    • $143,000

      Residential Land in Green Sea

      7.69 acres homesite in a quiet area.
      4782 Grainger Circle, Green Sea, SC 29545
      View Details
    • $299,900

      Cleared Acreage on Paved Road

      22+ acres of mostly cleared land in Green Sea, SC.
      4633 Grainger Circle, Green Sea, SC 29545
      View Details
    • $225,000

      Green Sea Land For Sale

      8.28 acres of land in Green Sea, South Carolina.
      5441 Carolina Rd., Green Sea, SC 29545
      View Details
    • $275,000

      Green Sea Land For Sale

      23.73-acre tract in Green Sea with paved road frontage.
      Fowler School Rd., Green Sea, SC 29545
      View Details
    • $99,900

      Cleared Land Near Tabor City

      5.15 acres of cleared land with road frontage.
      Bertie Rd., Green Sea, SC 29545
      View Details
    • $142,250

      Green Sea Acreage with Pond

      16 acre Green Sea property featuring a private pond.
      TBD Green Sea Rd., Green Sea, SC 29545
      View Details
    • $1,750,000

      65.2-Acre Farmland with Development Potential

      65.2 acres of fertile land ideal for development.
      TBD Hwy 9, Green Sea, SC 29545
      View Details
    • $230,000

      20 Acres Near Myrtle Beach

      20+ acre land parcel, 30 miles to Myrtle Beach.
      Billy MC Rd., Green Sea, SC 29545
      View Details
    • $349,000

      20-Acre Tract Near Myrtle Beach

      Secluded 20-acre tract, ideal for development near Myrtle Beach.
      1957 Green Sea Rd., Green Sea, SC 29545
      View Details
    • $95,000

      Green Sea Homesite Opportunity

      2.45 acre homesite to build your custom dream home.
      TBD Lot 3 Green Sea Rd., Green Sea, SC 29545
      View Details
    • $95,000

      2.45 Acre Homesite, Green Sea

      Expansive cleared lot to build your custom dream home.
      TBD Lot 1 Green Sea Rd., Green Sea, SC 29545
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Tract of cleared land with exceptional soil.
    Where is this residential land & home lot located?
    The property is located at TBD Mount Olive Church Rd. Green Sea, SC.
    What is the asking price?
    The asking price for this property is $34,900.
    What are key features of this property?
    This property features: Cleared land with exceptional soil, ideal for building; Flexibility to purchase the entire tract or select lots; Subdivision layout is adjustable based on the buyer's needs
    (843) 340-5154
    We can help!
    Listing Contact
    Mikey Mash Pro Team
    Real Estate License ID: 12345,PersonLicenseNumber
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    TBD Mount Olive Church Rd., Green Sea, SC 29545
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!