Property profile

1121 Broad St Sumter, SC 29150

FOR LEASE
Retail space
Property ID
US77-1046780
1,169 SF 22.77 ac lot Built 1966
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

Wesmark Plaza, located at 1121 Broad Street in Sumter, South Carolina, presents a prime opportunity for restaurant or retail businesses. This single-tenant space encompasses a generous 8,000 square feet, offering ample room for a variety of concepts. The property enjoys a highly visible location within Sumter's main retail corridor, directly adjacent to Sumter Mall and other major retailers, ensuring significant foot traffic and brand exposure. Its strategic position benefits from excellent street access, with three street boundaries providing easy ingress and egress. The property boasts prominent frontage on Broad Street and convenient access from US Highway 378/76. Sumter's robust economy is significantly bolstered by the presence of Shaw Air Force Base, home to the largest F-16 squadron and the newly established Third US Army Headquarters, which has added 3,000 jobs to the local area. This translates to a strong consumer base and a thriving market for businesses. The property is situated in Sumter County, South Carolina, zip code 29150. This exceptional location and substantial square footage make Wesmark Plaza an ideal investment for businesses seeking a high-impact presence in a dynamic and growing community. The property is classified as a second-generation restaurant space, offering a ready-to-occupy environment.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1966
Construction CONCRETE BLOCKS
Total area 1,169 SF
Lot 22.77 ac (991,861 SF)
Zoning code GC
APN 203-00-06-001
UPID US77-1046780

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Printing Service
  • Spiritual Center
  • Dental Office
  • Dental Office
  • Dental Office

Location

1121 Broad St Sumter, SC 29150
Sumter metro Census 901 SUMTER, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$465k

Owner & transaction history

since 2024
Last sale
$465,000
6 recorded transactions
2024
$465,000
2018
$315,000
2016
$12.5M
2015
$625,000
2013
$12,000
1969
Price N/A

Zoning & alternative use

GC · Sumter, SC
Zoning description

General Commercial District GC Central Business District CBD Light Industrial and Wholesale District LI-W Heavy Industrial District HI Conservation-Preservation District CP Agricultural Conservation District AC c. Specia…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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