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

    1300 Elm St Hampton, SC 29924

    • Turn key restaurants
    For Lease
    View listing
    $14 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-2460350
    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

    • Advanced Insurance Agency / Insurance Agency

    Property Details for 1300 Elm St

    Property type
    Turn key restaurants
    APN
    119-01-01-001
    APU
    1190101001

    Description

    This exceptional Class A commercial property, located at 1300 Elm Street West in Hampton, South Carolina, presents a unique leasing opportunity. Completed and renovated in 2020, the single-story building offers a total of 6,283 square feet, with 4,261 square feet currently vacant. Two contiguous spaces are available for lease

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Hampton
    County
    Hampton
    State
    South Carolina
    Longitude
    -81.119
    Latitude
    32.8768

    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
    $23,740
    $0.00
    $0.00
    $42,700
    -
    $133,200
    $578,400
    $711,600

    Comparable in this City

    • Value Estimation by Request
      1.03 Acres

      Elm St

      RESTAURANT • 1.03 Acres
      Elm St, Hampton, SC 29924
      View Details
    • Value Estimation by Request

      1001 Elm W St

      RESTAURANT
      1001 Elm W St, Hampton, SC 29924-2735
      View Details
    • Value Estimation by Request
      1.40 Acres

      Hampton, SC 29924

      RESTAURANT • 1.40 Acres
      Hampton, SC 29924
      View Details
    • Value Estimation by Request
      1.00 Acre

      Hampton, SC 29924

      RESTAURANT • 1.00 Acre
      Hampton, SC 29924
      View Details
    • Value Estimation by Request

      802 Elm E St

      RESTAURANT
      802 Elm E St, Hampton, SC 29924-2610
      View Details
    • Value Estimation by Request

      905 Elm W St

      RESTAURANT
      905 Elm W St, Hampton, SC 29924-2733
      View Details

    Similar Nearby for Sale

    • New
      $299,500
      8,000 SF

      Historic Coca-Cola Plant Renovation Opportunity

      Historic building with modern potential, suitable for various business ventures.
      100 Lightsey Street Ext, Hampton, SC 29924
      View Details
    • $199,900
      1,996 SF

      Hampton Commercial Building For Sale

      Commercial building with car wash bays and highway frontage.
      815 Elm St West, Hampton, SC 29924
      View Details
    • Contact for pricing
      6,283 SF

      Newly Renovated Retail/Office Space

      Retail or office space in Hampton, SC, completed in 2020.
      1300 Elm St W, Hampton, SC 29924
      View Details
    • New
      $150,000
      Pending

      Commercial Building on Corner Lot

      Commercial building in prime location off Lee Avenue, Hampton, SC.
      17 Mulberry St E, Hampton, SC 29924
      View Details
    • New
      $210,000
      Pending

      Commercial Building with Service Bays

      Commercial building featuring service bays, storage, and potential expansion.
      848 Elm St W, Hampton, SC 29924
      View Details
    • $359,900
      2.84 Acres

      Hampton Commercial Land Opportunity

      Prime Hampton location, multi-building potential.
      900 Elm St, Hampton, SC 29924
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      6,283 SF

      Hampton Retail/Office Space

      Prime Hampton location, 4,261 sq ft available
      1300 Elm St, Hampton, SC 29924
      View Details
    • $6 SF/Yr
      17,920 SF

      West Hampton Retail Center Investment

      High-traffic retail space, flexible lease terms.
      928 Elm St, Hampton, SC 29924
      View Details
    • $800 /Mo
      871 SF

      Office Space in Hampton, SC

      Two offices with an open area available for rent.
      12 Mulberry St E, Hampton, SC 29924
      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.
    1300 Elm St
    Hampton, SC 29924
    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.