233 Carolina Ave Varnville, SC 29944-4741
This exceptional commercial property, located at 233 E Carolina Avenue Unit 233, Varnville, SC, presents a unique investment opportunity. Boasting a substantial 2.5-acre lot, this general commercial building offers a turnkey solution for various business ventures. The property features a durable metal roof and walls, ensuring long-term durability and low maintenance. Inside, the high ceilings (11.6ft) provide a spacious and airy atmosphere, complemented by fluorescent lighting and a comprehensive alarm system. Parking is abundant, with over 100 spaces available for employees and clients. The building is currently leased, providing immediate income potential. All utilities are already in place, offering immediate operational readiness. The space is particularly well-suited for back-office operations or a call center, benefiting from reliable utility services at competitive rates. Strategically located near the significant aerospace hubs of Charleston, SC, and Savannah, GA, this property enjoys excellent accessibility and proximity to a skilled workforce. The county tax value is assessed at $1,166,900, significantly exceeding the asking price of $890,000. This presents a compelling opportunity to acquire a valuable asset at a below-market price. This property is being sold with the existing lease in place.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.