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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    956 Meadowbrook Rd Sumter, SC 29153

    • Land
    • 9.00 lot acres
    For Sale
    View listing
    $50,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 956 Meadowbrook Rd

    Lot size
    9.00 lot acres
    Property type
    Land

    Description

    This exceptional 9-acre parcel, located at 956 Meadowbrook Rd in Sumter, South Carolina, presents a unique investment opportunity. Zoned R-9, this property offers significant potential for residential development within the established Green Acres subdivision. The land boasts frontage on both Red Bay and Meadowbrook Roads, providing excellent accessibility and visibility. With an asking price of $50,000, this represents a compelling value proposition for developers or investors seeking a sizable tract in a desirable location. The property's APN is 250-14-02-015. Its suitability for residential use makes it an attractive option for building single-family homes or a multi-unit residential complex. The location in Sumter County, South Carolina, offers proximity to local amenities and services. While the property is considered suitable for residential use, further due diligence is recommended to confirm its suitability for specific development plans. The property's size and location within the Green Acres subdivision make it a particularly attractive option for those seeking a substantial land holding in a well-established community. The listing price of $50,000 represents a significant opportunity for investors and developers alike. Further information regarding any restrictions or easements is available upon request. The zip code for this property is 29153.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sumter
    County
    Sumter
    State
    South Carolina
    Longitude
    -80.321
    Latitude
    33.8998

    Comparable in this City

    • Value Estimation by Request
      31.33 Acres

      1674 Main St

      Land • 31.33 Acres
      1674 Main St, Sumter, SC 29153
      View Details
    • Value Estimation by Request
      35.50 Acres

      1600 Alice Dr

      Land • 35.50 Acres
      1600 Alice Dr, Sumter, SC 29153
      View Details
    • Value Estimation by Request
      0.49 Acres

      974 Meadowbrook Rd

      Land • 0.49 Acres
      974 Meadowbrook Rd, Sumter, SC 29153
      View Details
    • Value Estimation by Request
      4.18 Acres

      1406 Camden Hwy

      Land • 4.18 Acres
      1406 Camden Hwy, Sumter, SC 29153
      View Details
    • Value Estimation by Request
      1.57 Acres

      2180 Main St

      Land • 1.57 Acres
      2180 Main St, Sumter, SC 29153
      View Details
    • Value Estimation by Request
      4.39 Acres

      521 And Waycross Cir

      Land • 4.39 Acres
      521 And Waycross Cir, Sumter, SC 29153
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.49 Acres

      Sumter Residential Land: $12,000

      0.49-acre lot, Green Acres subdivision.
      974 Meadowbrook Rd, Sumter, SC 29153
      View Details
    • $522,500
      4.18 Acres

      Camden Highway Commercial Land

      4.18-acre commercial lot in Sumter, SC
      1406 Camden Hwy, Sumter, SC 29153
      View Details
    • $95,000
      1.57 Acres

      Sumter Commercial Land: Prime Location

      1.57 Acres, High-Traffic Area, Retail Potential
      2180 Main St, Sumter, SC 29153
      View Details
    • $50,000
      9.00 Acres

      9 Acres Sumter Land - $50K

      Prime Sumter County land, ideal for residential development.
      956 Meadowbrook Rd, Sumter, SC 29153
      View Details
    • $1,100,000
      31.33 Acres

      Sumter County Commercial Land Investment

      31+ Acres, Mixed Zoning, Prime Location
      1674 Main St, Sumter, SC 29153
      View Details
    • Contact for pricing
      35.50 Acres

      Sumter Commercial Land - 35.5 Acres

      High-traffic commercial land, ideal for development.
      1600 Alice Dr, Sumter, SC 29153
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      41.71 Acres of Raw Land

      41.71 acres of raw land for rent.
      1990 Highway 15 S, Sumter, SC 29153
      View Details
    • Contact for pricing
      304,000 SF

      Sumter County Industrial Property

      304,000 SF Manufacturing/Flex Space
      650 Jefferson Rd, Sumter, SC 29153
      View Details
    • $6,500 /Mo
      6,224 SF

      Modern Warehouse with Highway Access

      6,224 SF warehouse with office space and highway frontage.
      1145 N Pike E, Sumter, SC 29153
      View Details
    • $3 SF/Yr
      67,410 SF

      Plowden Mill Road Warehouse

      Sumter County industrial warehouse, 67,410 SF
      31 Plowden Mill Rd, Sumter, SC 29153
      View Details
    • $3,325 /Mo
      6,042 SF

      Warehouse and Office Space Available

      6042 sq ft warehouse and office space for lease.
      805 N Wise Dr, Sumter, SC 29153
      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.
    956 Meadowbrook Rd
    Sumter, SC 29153
    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

    Google sign-in failed. Please try again or use another login method.