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Property profile & analytics
OFF-MARKET
Commercial real estate

15265 Carolina Hwy Olar, SC 29843

0.26 ac lot
Property ID
US77-2099379
Property summary
AI-generated overview

This exceptional commercial property, located at 15265 Carolina Highway in Olar, South Carolina, presents a unique investment opportunity. Situated on a 0.26-acre lot, the property features a commercial building previously used as a Sinclair Service Station. The gas pumps have been removed, opening up a wide range of possibilities for redevelopment. The building is connected to city water and a septic tank. Olar, South Carolina, is characterized as a quaint and quiet Southern town. A significant advantage of this property is the absence of zoning regulations in Olar. This flexibility allows for diverse uses, including continued commercial operation, conversion to residential use, or demolition and new construction. The lack of zoning restrictions provides considerable freedom for the future owner to adapt the property to their specific needs and vision. The property's location in Olar offers a unique blend of small-town charm and potential for entrepreneurial ventures. The asking price for this versatile property is $37,500. This represents a compelling opportunity to acquire a strategically located commercial property in a town with minimal regulatory constraints. The absence of zoning restrictions opens doors to a wide array of development possibilities, making this an attractive investment for those seeking flexibility and potential for significant return.

Property profile
Verified
Property type Commercial real estate
Lot 0.26 ac (11,326 SF)
UPID US77-2099379
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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