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

    112 Parler Ave Saint George, SC 29477

    • Auto shops
    • 5,669 SF
    • 0.63 lot acres
    For Sale
    View listing
    $395,000
    Last Sale
    May 25, 2022
    $140,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-2180593
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Auto shops

    Property Details for 112 Parler Ave

    Year built
    1964
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.63 lot acres
    Property size
    5,669 SF
    Zone code
    HWC_SG
    Property type
    Auto shops
    APN
    045-14-19-006
    APU
    451419006

    Description

    112 South Parler Avenue in St. George, South Carolina offers a unique opportunity to lease commercial space in a multi-tenant building. This 5,669 square foot property, built in 1950 and extensively renovated in 2022, boasts a prime location on a main street, ensuring high visibility and ample parking. The building offers a variety of space types, catering to diverse business needs. Options include traditional office, medical office, creative office, warehouse, and flex space, making it ideal for a range of tenants. Currently, 2,100 square feet of space is immediately available, divisible into units as small as 720 square feet, with a maximum contiguous space of 2,100 square feet. The building comprises four total suites. The property's diverse offerings, combined with its convenient location and recent renovations, present a compelling opportunity for businesses seeking flexible and adaptable commercial space in Dorchester County. This is a rare chance to secure a well-maintained, versatile property in a thriving South Carolina community. The building's adaptable nature makes it suitable for a variety of uses, from traditional office spaces to modern creative studios or light industrial operations. Don't miss this chance to establish your business in a highly visible and accessible location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $130,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Saint George
    County
    Dorchester
    State
    South Carolina
    Longitude
    -80.5753
    Latitude
    33.182
    CBSA code
    16700
    CBSA name
    CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,219
    $2,986
    $300
    $3,286
    -
    $49,770
    $5,000
    $54,770

    Comparable in this City

    • Value Estimation
      $245,000
      18,098 SF

      Parler Ave

      AUTO REPAIR, GARAGE • 18,098 SF
      Parler Ave, Saint George, SC 29477
      View Details
    • Value Estimation
      $210,000
      4,450 SF

      984 Hwy 15th N

      AUTO REPAIR, GARAGE • 4,450 SF
      984 Hwy 15th N, Saint George, SC 29477-8629
      View Details
    • Value Estimation
      $145,000
      4,080 SF

      829 Hwy 15th N

      AUTO REPAIR, GARAGE • 4,080 SF
      829 Hwy 15th N, Saint George, SC 29477-8623
      View Details
    • Value Estimation
      $255,000
      2,754 SF

      1154 Hwy 15th N

      AUTO REPAIR, GARAGE • 2,754 SF
      1154 Hwy 15th N, Saint George, SC 29477-8632
      View Details
    • Value Estimation
      $170,000
      4,800 SF

      1044 Hwy 15th S

      AUTO REPAIR, GARAGE • 4,800 SF
      1044 Hwy 15th S, Saint George, SC 29477-7155
      View Details
    • Value Estimation by Request
      2,700 SF

      802 Hwy 15th N

      AUTO REPAIR, GARAGE • 2,700 SF
      802 Hwy 15th N, Saint George, SC 29477-8621
      View Details

    Similar Nearby for Sale

    • $4,767,000
      22,432 SF

      Tractor Supply Investment Opportunity

      Single-tenant Tractor Supply with long-term lease in St. George, SC.
      128 Interstate Dr, St George, SC 29477
      View Details
    • $395,000
      5,669 SF

      Saint George Industrial Property

      Mixed-use flex warehouse, great potential.
      112 Parler Ave, Saint George, SC 29477
      View Details
    • $140,000
      8.91 Acres

      Saint George Land For Sale

      8.91 acres ideal for agriculture, hunting, or mobile home.
      Mulberry Rd, Saint George, SC 29477
      View Details
    • $1,811,700

      Prime Development Land I-95 Frontage

      32.94-acre commercial land parcel with high visibility and access.
      178 Hwy, Saint George, SC 29477
      View Details
    • $120,000

      Residential Land Near Major Highways

      Land suitable for barndo, custom, or manufactured home near highways.
      B-6 Reeves Farm Rd, Saint George, SC 29477
      View Details
    • $850,000

      8.69 Acres with Development Potential

      Three parcels totaling 8.69 acres zoned for residential mixed-use.
      500 N Parler Ave, Saint George, SC 29477
      View Details

    Similar Nearby for Lease

    • $1.00 SF/Yr
      5,000 SF

      I-95 High-Visibility Commercial Land

      1.08-acre commercial lot, ideal restaurant site.
      0 Conners Dr, Saint George, SC 29477
      View Details
    • $12 SF/Yr
      2,400 SF

      Saint George Retail Space For Sale

      High-visibility retail building, 2400 sq ft, 0.5 acre lot.
      5480 Memorial Blvd, Saint George, SC 29477
      View Details
    • Contact for pricing
      59,174 SF

      St. George Plaza: Retail Space Available

      High-traffic retail center near I-95.
      5920 Jim Bilton Blvd, Saint George, SC 29477
      View Details
    • Contact for pricing
      193,652 SF

      Industrial Space Near Major Ports

      Industrial spaces available for lease near I-95 and I-26.
      4826 Highway 78, Saint George, SC 29477
      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.
    112 Parler Ave
    Saint George, SC 29477
    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.
    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.