101 Market St Timmonsville, SC 29161
- Medical offices
- 1,978 SF
- 0.22 lot acres
Current Use by Public Records
- Medical offices
Property Details for 101 Market St
- Year built
- 1965
- Lot size
- 0.22 lot acres
- Property size
- 1,978 SF
- Zone code
- B4
- Property type
- Medical offices
- Property subtype
- Medical space
- APN
- 70013-02-004
- APU
- 7001302004
Description
This exceptional 1,968 square foot commercial building, situated on a 0.2-acre lot at 101 Market Street in Timmonsville, South Carolina, presents a remarkable investment opportunity. Ideally positioned between Main Street and the heavily trafficked US Hwy 76, this property enjoys excellent visibility and accessibility. The well-maintained structure boasts a rich history, having served as a successful medical dentistry clinic for over four decades. Its adaptable layout offers a multitude of potential uses, including but not limited to: counseling offices, business offices, medical offices, or even conversion into a duplex office configuration. The interior currently comprises a spacious waiting area, three individual office spaces, six operatories, four half-bathrooms, a convenient break room, and ample storage. The building is equipped with a robust security system, ensuring peace of mind. Recent upgrades include a new roof (2016) and HVAC system (2017), demonstrating a commitment to ongoing maintenance. Eight or more parking spaces, complemented by security lighting, provide convenient and safe parking for clients and staff. The property benefits from readily available utilities, including Duke Energy, Spectrum, Florence City Water, and sewer services. This turnkey property is priced to sell at $125,000 and offers a compelling return on investment for discerning buyers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $135,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $190,000
- 6.5%
- $175,000
- 7%
- $190,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $195,000
- Geo Method
- $200,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $180,000
- Retail
- $185,000
- Mixed-Use
- $190,000
- Hospitality
- $175,000
- Educational
- $180,000
- Residential Income
- $165,000
- Energy
- $175,000
- Income-Based Land
- $190,000
- Food Service
- $155,000
Location Insight
- Map
- Local Demand
- City
- Timmonsville
- County
- Florence
- State
- South Carolina
- Longitude
- -79.9414
- Latitude
- 34.1332
- CBSA code
- 22500
- CBSA name
- FLORENCE, SC METROPOLITAN STATISTICAL AREA