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Property profile & analytics
OFF-MARKET Estimated value $590,000
Grocery and convenience stores

1620 Highmarket St Georgetown, SC 29440-3123

24,860 SF 1 ac lot Built 1973
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US77-1018758
Property summary
AI-generated overview

This exceptional retail opportunity is located at 1620 Highmarket St, Georgetown, SC 29440, within the thriving Georgetown Shopping Center. The center boasts a total of 29,572 square feet and currently has one available space measuring 7,540 square feet, ideal for a variety of retail uses. Strategically positioned at the busy intersection of US Hwy 17A and Lynch St, this center benefits from significant traffic volume, drawing both local shoppers and commuters traveling between Charleston and Myrtle Beach. The center is anchored by a Piggy Wiggly grocery store, ensuring a consistent flow of customers. With a high visit frequency of 4.04, the Georgetown Shopping Center offers a proven track record of success and strong customer loyalty. This prime location presents a unique chance to establish or expand a retail business in a vibrant and well-established commercial center within Georgetown County, South Carolina. The property's high visibility and convenient access make it an attractive option for businesses seeking to capitalize on the area's robust retail market. This is a rare opportunity to secure a substantial retail space in a high-traffic location with a strong anchor tenant. Don't miss out on this chance to become part of a successful and thriving retail center.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1973
Total area 24,860 SF
Lot 1 ac (43,560 SF)
APN 05-0018-085-00-00
UPID US77-1018758
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
Current use
Occupant on record · Public records
  • Piggly Country Kitchen Restaurant Take-out & Catering
  • Western Union Bank Credit Union
  • Piggly Wiggly Grocery & Convenience Store Food Market
  • Coin Cloud Bitcoin ATM Currency Exchange Service Kiosk
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$640k
CAP Approach CAP
by Request
Comparable Approach Comparable
$546k
Blend (final) Blend
$590k
Owner & transaction history
Whlr-georgetown LLC · 10 yrs held
Whlr-georgetown LLC
since 2016
5 recorded transactions
2022
Price N/A
2018
Price N/A
2017
Price N/A
2016
Price N/A
2016
$2.9M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $955,000 +140.8%
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