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Property profile & analytics

280 Old Georgetown Rd Lake City, SC 29560-6401

  • Commercial real estate
  • 5,976 SF
  • 5.00 lot acres
OFF-MARKET
Value Estimations
$595,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US77-2328976
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 280 Old Georgetown Rd

Lot size
5.00 lot acres
Property size
5,976 SF
Property type
Commercial real estate
APN
00297-31-054
APU
29731054

Description

This exceptional industrial property, located at 280 N Old Georgetown Rd, Lake City, SC 29560, presents a compelling investment opportunity. The property encompasses two metal buildings totaling 26,818 square feet situated on a generous 4.99-acre lot. Building one offers approximately 18,000 square feet of enclosed space, including a loading dock and an attached 8,000 square foot open-air shed. Building two comprises approximately 2,400 square feet of enclosed space with an attached 3,600 square foot open-air shed. Both buildings feature multiple bay doors and 3-phase power. A significant advantage is the inclusion of a climate-controlled private office complete with a restroom and kitchen. Adding to the property's unique features is a separate, private entrance leading to a fully equipped bar room boasting stainless steel counters, central HVAC, and two restrooms. The property is serviced by a septic system and two deep wells (5hp each), one located on the west end and the other on the east. The buildings boast 8-foot ceiling heights and were constructed in the late 1970s and early 1980s, according to the owner. The asking price is $349,000, translating to a land value of $13.01 per square foot. This property is ideally situated between Lake City and Johnsonville, offering convenient access to major transportation routes.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $740,000
    6.5%
    $685,000
    7%
    $635,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $543,000
    Market price range: $181k - $848k
    AI Estimate
    $563,000
    Market price range: $223k - $791k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $525,000
    Current use
    OFFICE BUILDING
    $615,000
    Change: +18% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Lake City
County
Florence
State
South Carolina
Longitude
-79.6496
Latitude
33.842
CBSA code
22500
CBSA name
FLORENCE, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,541
$1,212
$5,923
$7,135
-
$30,300
$148,081
$178,381
More about this property
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