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Property profile & analytics
OFF-MARKET Estimated value $2,155,000
Office buildings

2704 Highmarket St Georgetown, SC 29440-2914

10,224 SF 1.93 ac lot Built 1960
Entity Owned 5-yr Hold Free & Clear
Property ID
US77-1238300
Property summary
AI-generated overview

This 10,300 square foot mixed-use building in Georgetown, South Carolina, presents a unique investment opportunity. Located at 2704 Highmarket St, the property sits on a 2.4-acre lot and boasts a newly sealed parking lot with over 50 spaces, secured by a 6-foot fence and electronic gate. The building, renovated in 2020, is ADA accessible and zoned GC, allowing for potential subdivision. The upper level (approx. 2800 sq ft) features six offices/conference rooms, a large common area/lobby/showroom with dual entrances, two restrooms, and direct courtyard access. High-quality finishes include LVP flooring in offices and commercial-grade carpet tiles in common areas. The lower level (approx. 7500 sq ft) offers a large common area currently configured with four large offices/conference rooms/living areas/procedure areas, a reception area with built-in desk, and a fully equipped commercial kitchen with 2020-2021 appliances. The lower level also features LVP flooring throughout. The rear parking lot offers potential for additional storage. This property is ideal for owner-users seeking a versatile space, or investors looking for a strong return in a growing market. The asking price is $1,390,000, with a price per square foot of $134.95. Class B building.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1960
Construction BRICK
Total area 10,224 SF
Lot 1.93 ac (84,071 SF)
APN 05-0006-010-00-00
UPID US77-1238300
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
  • Georgetown One-Stop Workforce Center Business Service Center Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.49M
CAP Approach CAP
$2.36M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.16M
Owner & transaction history
Barrel Properties LLC · 5 yrs held
Barrel Properties LLC
since 2020
Last sale
$1.9M
4 recorded transactions
2020
$1.9M
2020
$515,000
2020
Price N/A
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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