109 Gin House Rd Abbeville, SC 29620
This exceptional 3-acre property presents a rare investment opportunity in Abbeville, South Carolina. The centerpiece is a historic cotton gin building situated at the intersection of Gin House Road and Dry Hollow Road, offering immense potential for diverse commercial ventures. Envision transforming this iconic landmark into a unique wedding venue, capitalizing on its charm and ample space. Alternatively, its location, just three miles from Lake Secession's Purdy Shores boat ramp, makes it ideal for boat storage. The possibilities extend to an Airbnb, a mechanic's garage, or countless other businesses. Adding to its appeal is a charming one-bedroom, one-bathroom home situated on the property, providing immediate residential use or potential rental income. The property's total acreage includes 1.9 acres zoned commercial (where the cotton gin is located) and an additional 1.11 acres zoned residential, offering flexibility and expansion possibilities. The property is priced at $140,000, representing a significant value for its size, location, and historical significance. This is a chance to own a piece of Abbeville's heritage while establishing a thriving business. The property's versatility and prime location make it an attractive investment with significant upside potential. Don't miss this unique opportunity to acquire a piece of history and build your future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.