1420 Bourne St Georgetown, SC 29440-4702
- Flex space
- 6,525 SF
- 1.00 lot acres
Current Use by Public Records
- Truck Scale / Transportation Service
Property Details for 1420 Bourne St
- Year built
- 1992
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.00 lot acres
- Property size
- 6,525 SF
- Property type
- Flex space
- APN
- 05-0028-001-00-00
- APU
- 500280010000
Description
This exceptional 0.79-acre commercial property at 1420 Bourne St. in Georgetown, SC, presents a unique investment opportunity. Strategically located just off Highway 17, this property sits within a prime redevelopment area, boasting proximity to historic downtown Georgetown and the waterfront. The General Commercial zoning allows for a wide range of potential uses, maximizing its versatility. The corner lot features a fenced yard and a convenient truck dock, enhancing operational efficiency. The building itself offers substantial space, including seven 14-foot garage doors/bays, ideal for various industrial or commercial applications. Three-phase power is readily available, catering to power-intensive operations. Internal features include a welcoming reception and lobby area, a practical kitchenette, a dedicated parts/supply room, multiple offices to accommodate staff, and ample restroom facilities comprising one full bathroom and four half bathrooms. This property's combination of location, zoning, and features makes it an attractive prospect for businesses seeking a well-equipped and strategically positioned space in a thriving South Carolina community. The asking price is $899,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $330,000
- 6.5%
- $370,000
- 7%
- $355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $355,000
- Geo Method
- $375,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $340,000
- Retail
- $295,000
- Mixed-Use
- $390,000
- Hospitality
- $355,000
- Educational
- $390,000
- Residential Income
- $380,000
- Energy
- $295,000
- Income-Based Land
- $300,000
- Food Service
- $395,000
Location Insight
- Map
- Local Demand
- City
- Georgetown
- County
- Georgetown
- State
- South Carolina
- Longitude
- -79.2965
- Latitude
- 33.3649
- CBSA code
- 23860
- CBSA name
- GEORGETOWN, SC MICROPOLITAN STATISTICAL AREA
