2470 Old Ml Rd Inman, SC 29349-9276
This exceptional commercial property, located at 2470 Old Mill Road in Inman, South Carolina, presents a unique investment opportunity. Strategically positioned at the highly visible intersection of Turpin, Old Mill, Compton Bridge, and Edwards Roads, this 3.79-acre lot offers unparalleled accessibility and exposure. Previously operating as a successful assisted living facility, the property's versatile layout is adaptable to a wide range of commercial uses. The substantial building features 15 bedrooms, 8 full bathrooms, and 3 half bathrooms, providing ample space for various configurations. Significant recent upgrades enhance the property's value and functionality. The roof was completely replaced in 2016, ensuring long-term protection. Heating and air conditioning systems were updated in 2019, guaranteeing optimal climate control. A substantial investment in safety was made with the installation of a $60,000 fire and smoke alarm system in 2020. Convenient onsite laundry facilities are included. The property also boasts extensive communal areas, including a large great room, a fully equipped commercial kitchen with a gas range, and a dedicated cafeteria. Multiple private offices are available, providing flexibility for various business needs. Its proximity to Chapman High School further enhances its appeal and potential. This property offers a rare combination of size, location, and recent improvements, making it an exceptional opportunity for discerning investors. The asking price is $1,499,000.
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Darryl A. Mast, RPh Pharmacy
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Oakridge Auto Sales Car Dealership
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
Similar Nearby for Lease
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.