Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Tract Abbeville, SC 29620
    Back to Search
    Property profile & analytics

    Tract, Abbeville, SC 29620

    View on Map
    • Land
    • 60.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Tract

    Lot size
    60.00 lot acres
    Property type
    Land

    Description

    This exceptional 60-acre property, identified as Tract B609-Amax North tract and APN 048-00-00-046, is situated in Abbeville County, South Carolina, near Abbeville. Priced at $210,000 ($3,500/acre), this land offers significant investment potential. The tract boasts convenient access, fronting on two paved roads: approximately 2,100 feet on Highway 184 and 300 feet on George Alewine Road. The land itself comprises roughly 50 acres of recently planted pine plantation and the remaining acreage in hardwood bottomland. The varied topography adds to the property's appeal and potential uses. This location offers a unique opportunity for timber investment and development in a desirable South Carolina location. The zip code is 29620. Coordinates are 34.1422125 latitude and -82.4319405 longitude. The property is classified as timberland.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Abbeville
    County
    Amax North tract
    State
    South Carolina
    Longitude
    -82.4319
    Latitude
    34.1422

    Comparable in this City

    • Value Estimation by Request
      51.00 Acres

      Blacks Ml Rd

      Agricultural land / Farmland
      0 Blacks Ml Rd, Abbeville, SC 29620
      View Details
    • Value Estimation by Request
      23.00 Acres

      B808 Sc Abbeville

      Agricultural land / Farmland
      B808 Sc Abbeville, Abbeville, SC 29620
      View Details
    • Value Estimation by Request
      48.00 Acres

      B807 Sc Abbeville

      Agricultural land / Farmland
      B807 Sc Abbeville, Abbeville, SC 29620
      View Details
    • Value Estimation by Request
      77.00 Acres

      Tract

      Farms
      0 Tract, Abbeville, SC 29620
      View Details
    • Value Estimation by Request
      20.00 Acres

      B814 Sc

      Land
      B814 Sc, Abbeville, SC 29620
      View Details
    • Value Estimation by Request
      40.00 Acres

      82 Hanger Rd

      Land
      82 Hanger Rd, Abbeville, SC 29620
      View Details

    Similar Nearby for Sale

    • $399,000
      33.00 Acres

      Abbeville Land with Road Frontage

      33-acre tract suitable for building a home or homestead.
      Whip O Will Rd, Abbeville, SC 29620
      View Details
    • $1,350,881
      275.69 Acres

      275+ Acres with Lake Site

      Recreational land with timber, food plots, and road frontage.
      Highway 28, Abbeville, SC 29620
      View Details
    • $150,000
      15.00 Acres

      Abbeville Land with Road Frontage

      15+ acres near downtown Abbeville and Greenwood.
      Deer Hollow Rd, Abbeville, SC 29620
      View Details
    • $375,000
      35.00 Acres

      Abbeville Land with Road Frontage

      35-acre land parcel with development potential near Downtown Abbeville.
      Old Douglas Mill Rd, Abbeville, SC 29620
      View Details
    • $340,000
      80.35 Acres

      80 Acres Near Downtown Abbeville

      80-acre tract near Abbeville and Greenwood, SC, with subdivision potential.
      Long Cane Ame Rd, Abbeville, SC 29620
      View Details
    • $54,900
      5.60 Acres

      Abbeville Wooded Lot For Sale

      5.6 acre wooded lot with mature trees in Abbeville.
      New Smith Rd, Abbeville, SC 29620
      View Details
    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.
    Tract
    Abbeville, SC 29620
    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
    Tract, Abbeville, SC, 29620
    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!