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Property profile & analytics
OFF-MARKET
Specialty properties

3191 Riverfork Rd Waterloo, SC 29384

1,500 SF 0.71 ac lot
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, located at 3191 River Fork Rd, Waterloo, SC 29384, presents a unique investment opportunity. Situated on a 0.71-acre corner lot at the intersection of Riverfork Road and Old Laurens Highway, this 1,500-1,600 square foot building benefits from high visibility and significant traffic counts exceeding 2,400 vehicles daily, according to SCDOT data. The building, constructed of blue concrete block, features a newer architectural roof (2020) and newer HVAC system (2023), ensuring efficient operation. Interior space includes two public rooms ideal for customer interaction, a large private room suitable for inventory or operations, a smaller office, a half-bath, and a spacious storage or staging area. Public water is available, and natural gas is accessible. The property also boasts an updated electrical meter box (2021), ample gravel parking with convenient front and side building entries, and three security light poles. The property is sold as-is, but the seller may consider owner financing with a 20% down payment, a 6% interest rate, and a 15-year term. This versatile property is perfect for a variety of commercial uses, offering significant potential for a savvy investor or owner-user. The property's strategic location near Lake Greenwood and other local amenities further enhances its appeal. Occupancy is available March 15, 2024. The asking price is $150,000.

Property profile
Verified
Property type Specialty properties
Total area 1,500 SF
Lot 0.71 ac (30,928 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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