1246 Smith St Timmonsville, SC 29161
- Commercial real estate
- 29.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1246 Smith St
- Lot size
- 29.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a 29-acre mobile home park situated at 1246 W Smith Street, Timmonsville, South Carolina. The property currently features 21 established spaces complete with underground utilities and individual septic tanks for each lot. A modern county water system with updated taps is already in place. Ten mobile homes are currently generating rental income, with five additional lots also leased. Three vacant lots offer immediate expansion potential, and three existing mobile homes are available "as is," requiring repairs. The mobile home park itself occupies approximately five acres, leaving a significant 24-acre expanse ripe for development. This substantial additional acreage presents a unique opportunity to build single-family homes, capitalizing on the high demand for housing in the area. The existing infrastructure, including the updated water system and established utilities, significantly reduces the upfront costs associated with further development. This property is priced at $750,900 and offers a compelling blend of immediate income generation and substantial long-term growth potential. Pre-qualification is required for purchase consideration.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Timmonsville
- County
- Florence County
- State
- South Carolina
- Longitude
- -79.9716
- Latitude
- 34.1128
