Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    4497 St Matthews Rd Saint Matthews, SC 29135

    • Specialty properties
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 4497 St Matthews Rd

    Property type
    Specialty properties

    Description

    This exceptional commercial property, located at 4497 St Matthews Rd, Saint Matthews, SC 29135, presents a unique investment opportunity. Priced at $330,000, this special purpose building offers immense flexibility for a variety of businesses. Currently operating as an auto repair facility and car sales lot, the property boasts significant advantages for diverse uses. The building features four 12-foot bay doors strategically positioned on the front, side, and rear, providing ample loading dock access and operational efficiency. This design facilitates easy movement of goods and vehicles, making it ideal for a delivery hub, auto repair shop, body shop, used car lot, or even specialized storage for recreational vehicles or other large items. The existing mortgage is assumable, subject to lender approval, offering a potential financial advantage for the buyer. The property's location in Saint Matthews, South Carolina, provides convenient access to local transportation networks and a growing market. This versatile space is ready for immediate occupancy and presents a compelling opportunity for entrepreneurs and investors alike. The latitude and longitude coordinates are 33.5894612, -80.8128204 respectively.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Saint Matthews
    County
    Orangeburg
    State
    South Carolina
    Longitude
    -80.8128
    Latitude
    33.5895

    Comparable in this City

    • Value Estimation by Request
      2.30 Acres

      72 Hammond Cross Rd

      INDUSTRIAL (GENERAL) • 2.30 Acres
      72 Hammond Cross Rd, St Matthews, SC 29135-7532
      View Details
    • Value Estimation by Request

      Po Box Site

      INDUSTRIAL (GENERAL)
      Po Box Site, Saint Matthews, SC 29135
      View Details
    • Value Estimation by Request
      4.30 Acres

      Cartwright

      INDUSTRIAL (GENERAL) • 4.30 Acres
      Cartwright, Saint Matthews, SC 29135
      View Details
    • Value Estimation by Request
      1.00 Acre

      166 Guess Ln

      INDUSTRIAL (GENERAL) • 1.00 Acre
      166 Guess Ln, St Matthews, SC 29135
      View Details
    • Value Estimation by Request

      Harry C Raysor

      INDUSTRIAL (GENERAL)
      Harry C Raysor, Saint Matthews, SC 29135
      View Details
    • Value Estimation by Request

      261 Sweetwater Rd

      INDUSTRIAL (GENERAL)
      261 Sweetwater Rd, St Matthews, SC 29135-8147
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.69 Acres

      Corner Lot in Saint Matthews

      0.69-acre corner lot suitable for building or investment.
      1 Oak St, Saint Matthews, SC 29135
      View Details
    • $1,200,000
      31,200 SF

      31,200 SF Office Warehouse

      Office warehouse on 9.8 acres with loading dock.
      1212 F R Huff Dr, Saint Matthews, SC 29135
      View Details
    • New
      $45,000
      3.62 Acres

      Land in Calhoun County

      3.62 acres of land in a serene country setting.
      Myers Ln Myers Ln, St Matthews, SC 29135
      View Details
    • $38,000
      3.47 Acres

      Residential Lots in St Matthews, SC

      Residential lots ranging from 3.4 to 5 acres available.
      Sunflower Rd, St Matthews, SC 29135
      View Details
    • $40,000
      2.87 Acres

      Saint Matthews Land For Sale

      2.87 acre lot suitable for residential development, no HOA.
      Ridgelake Lot 12 Cir, Saint Matthews, SC 29135
      View Details
    • $35,000
      2.36 Acres

      Saint Matthews Land For Sale

      2.36 acre lot suitable for residential development, no HOA.
      Ridgelake Lot 35 Cir, Saint Matthews, SC 29135
      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.
    4497 St Matthews Rd
    Saint Matthews, SC 29135
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.