Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3601 Fraser St Georgetown, SC 29440

    • Garden apartment buildings
    • 4,848 SF
    • 4.06 lot acres
    OFF-MARKET
    Value Estimations
    $340,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-0952231
    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

    • Garden apartment buildings

    Property Details for 3601 Fraser St

    Year built
    1983
    Lot size
    4.06 lot acres
    Property size
    4,848 SF
    Property type
    Garden apartment buildings
    APN
    01-0445-018-00-00
    APU
    104450180000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $280,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $394,000
      Market price range: $134k - $395k

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $265,000
      Current use
      AUTO REPAIR, GARAGE
      $415,000
      Change: +55% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $375,000
      Change: +41% Conversion: Moderate
      WAREHOUSE, STORAGE
      $225,000
      Change: -15% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Georgetown
    State
    South Carolina
    Longitude
    -79.3153
    Latitude
    33.3288
    CBSA code
    23860
    CBSA name
    GEORGETOWN, SC MICROPOLITAN 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
    $8,595
    $8,931
    $18,421
    $27,352
    -
    $150,000
    $309,400
    $459,400

    Comparable in this City

    • Value Estimation
      $780,000
      11,395 SF

      1155 Indigo Ave

      GARDEN APT, COURT APT (5+ UNITS) • 11,395 SF
      1155 Indigo Ave, Georgetown, SC 29440-2824
      View Details
    • Value Estimation
      $370,000
      11,395 SF

      1155 Indigo Ave

      GARDEN APT, COURT APT (5+ UNITS) • 11,395 SF
      1155 Indigo Ave, Georgetown, SC 29440-2824
      View Details
    • Value Estimation
      $585,000
      5,040 SF

      2307 Fraser St

      GARDEN APT, COURT APT (5+ UNITS) • 5,040 SF
      2307 Fraser St, Georgetown, SC 29440-3993
      View Details
    • Value Estimation
      $455,000
      9,114 SF

      517 Highmarket St

      APARTMENT HOUSE (5+ UNITS) • 9,114 SF
      517 Highmarket St, Georgetown, SC 29440-3600
      View Details
    • Value Estimation
      $225,000
      7,417 SF

      208 Kaminski St

      APARTMENT HOUSE (5+ UNITS) • 7,417 SF
      208 Kaminski St, Georgetown, SC 29440-3456
      View Details
    • Value Estimation by Request
      1,404 SF

      1614 Duke St

      APARTMENT HOUSE (5+ UNITS) • 1,404 SF
      1614 Duke St, Georgetown, SC 29440-3115
      View Details

    Similar Nearby for Sale

    • $1,950,000
      4.06 Acres

      Georgetown Industrial Development Site

      4-Acre Hwy 17 Development Opportunity
      3376 Fraser St, Georgetown, SC 29440
      View Details
    • $899,000
      Pending

      Georgetown Commercial and Investment Opportunity

      32-acre property with industrial building, rental homes, and mobile lots.
      76 Towhee St, Georgetown, SC 29440
      View Details
    • $299,000
      3,800 SF

      Georgetown Industrial Property with Duplex

      Industrial property in Georgetown, SC with duplex and storage spaces.
      2250 Iris St, Georgetown, SC 29440
      View Details
    • $1,390,000
      32.50 Acres

      Georgetown Commercial Land Opportunity

      32.5 Acres, R10 & MR10 Zoning
      3680 Island Rd, Georgetown, SC 29440
      View Details
    • $3,500,000
      65.00 Acres

      Georgetown, SC - 65 Acres

      Prime commercial/residential land, 65 acres.
      0 Weehaw Plantation Dr, Georgetown, SC 29440
      View Details
    • $250,000
      1.00 Acre

      Profitable Georgetown Franchise Restaurant

      Established Hamburger Restaurant, High Sales
      100 Hwy 17, Georgetown, SC 29440
      View Details

    Similar Nearby for Lease

    • $2,200 /Mo

      Front Street Studio Apartment

      One-bedroom studio with private balcony available September 1, 2025.
      801 Front St, Georgetown, SC 29440
      View Details
    • $2,000 /Mo
      2,400 SF

      Georgetown Retail Space For Lease

      2400 sq ft retail space in Georgetown, SC for lease.
      7113 South Island Rd, Georgetown, SC 29440
      View Details
    • $250 SF/Yr
      436 SF

      Friendfield Marina Boat Slip Lease

      30-foot boat slip in Friendfield Marina, Georgetown, SC.
      97 Friendfield Marina, Georgetown, SC 29440
      View Details
    • $2,800 /Mo
      1,800 SF

      Historic Georgetown Office Space

      Commercial suite in downtown Georgetown with flexible space.
      606 Front St, Georgetown, SC 29440
      View Details
    • $2,214 /Mo
      1,155 SF

      Medical Office Suite For Lease

      Turn-key medical office suite in Georgetown, available May 1, 2025.
      1001 N Fraser St, Georgetown, SC 29440
      View Details
    • $12 SF/Yr
      3,422 SF

      Georgetown Office Space - 3422 SF

      Prime Georgetown office, 3422 sq ft, elevator access.
      407 Church St, Georgetown, SC 29440
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3601 Fraser St
    Georgetown, SC 29440
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.