4638 Jefferson Davis Hwy, Clearwater, SC 29842
- Hospitality properties
- 32,940 SF
- 6.57 lot acres
Current Use by Public Records
- Hospitality properties
Property Details for 4638 Jefferson Davis Hwy
- Lot size
- 6.57 lot acres
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
This exceptional commercial property, located at 4638 Jefferson Davis Highway in Beech Island, South Carolina, presents a compelling investment opportunity. The property encompasses 6.57 acres of land and boasts a fully operational 48-unit motel, offering immediate income potential. Its prime location on Jefferson Davis Highway ensures high visibility and accessibility, with a daily traffic count of 23,000 vehicles. The property is zoned for commercial use, opening doors to a variety of development possibilities, including retail, office space, or further expansion of the existing motel. Beyond the motel, the property includes a 2,000 square foot building suitable for storage or additional business ventures, and a separate 2,000 square foot, three-bedroom, two-bathroom home, ideal for on-site management or rental income. The asking price is $2,800,000, translating to $85 per square foot of the 32,940 square foot total building area. This is a value-add investment opportunity with significant development potential, suitable for a 1031 exchange. The property consists of three buildings and is privately owned. All information is deemed reliable but not guaranteed
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clearwater
- County
- Aiken
- State
- South Carolina
- Longitude
- -81.9076
- Latitude
- 33.5017
