1321 Wilson Rd Newberry, SC 29108-3061
Property profile & analytics
1321 Wilson Rd Newberry, SC 29108-3061
- Grocery and convenience stores
- 3,224 SF
- 2.00 lot acres
Property ID
US77-0853153
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.
Location Intelligence
Current Use by Public Records
- Li'l Cricket / Grocery & Convenience Store
- ATM (Li'l Cricket) / Atm
- Quick Way 3 / Gas Station
- Bitstop Bitcoin ATM / Atm / Crypto Atm
- Marathon Gas Station / Gas Station
Property Details for 1321 Wilson Rd
- Construction
- WOOD
- Lot size
- 2.00 lot acres
- Property size
- 3,224 SF
- Property type
- Grocery and convenience stores
- APN
- 342-2-7-23
- APU
- 3422723
Description
This exceptional investment opportunity presents a 2,604 square foot Marathon gas station and convenience store located at 1321 Wilson Rd, Newberry, SC 29108. The property boasts a highly desirable absolute NNN lease with a corporate guarantee from Marathon Petroleum Company, a publicly traded company with a vast network of retail outlets. The lease commenced December 17, 2022, and has a remaining term of approximately 18.1 years, with annual 3% rent bumps and four 5-year renewal options. The property sits on a 0.66-acre lot at a key intersection (Highway 76 and 34), benefiting from high visibility and traffic flow. The strong tenant and long-term lease provide exceptional stability and predictable cash flow, with a current NOI of $56,831 and a 7.00% cap rate. The property's location is further enhanced by its proximity to major employers such as Kraft Heinz Foods, Newberry County School District, Newberry County Memorial Hospital, and Georgia Pacific, as well as numerous apartment complexes and educational institutions including Piedmont Technical College and Newberry College. Nearby national retailers include McDonald's, Starbucks, Dunkin' Donuts, Hardee's, CVS, Popeye's, and Pizza Hut, indicating a thriving local economy. The asking price is $811,871, representing a price per square foot of $311.78. This is a fee-simple ownership opportunity with significant long-term potential.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Newberry
- County
- Newberry
- State
- South Carolina
- Longitude
- -81.5987
- Latitude
- 34.2852
- CBSA code
- 35140
- CBSA name
- NEWBERRY, SC MICROPOLITAN 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
$14,166
$16,068
$15,432
$31,500
-
$267,800
$257,200
$525,000
