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    Property profile & analytics

    403 Hwy 601st S Lugoff, SC 29078

    • Industrial properties
    • 22,400 SF
    • 3.08 lot acres
    OFF-MARKET
    Value Estimations
    $510,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-0683337
    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

    • Industrial properties

    Property Details for 403 Hwy 601st S

    Lot size
    3.08 lot acres
    Property size
    22,400 SF
    Zone code
    I-1
    Property type
    Industrial properties
    APN
    324-00-00-002A
    APU
    3240000002A

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $500,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $664,000
      Market price range: $476k - $1.21M

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

    Location Insight

    • Map
    • Local Demand
    City
    Lugoff
    County
    Kershaw
    State
    South Carolina
    Longitude
    -80.689
    Latitude
    34.2007
    CBSA code
    17900
    CBSA name
    COLUMBIA, 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
    $83
    $231,000
    $376,700
    $607,700
    -
    $0.00
    $0.00
    $607,700

    Comparable in this City

    • Value Estimation by Request
      101,820 SF

      412 Grv St -

      Manufacturing properties • 101,820 SF
      412 Grv St -, Lugoff, SC 29078
      View Details
    • Value Estimation
      $280,000
      7,800 SF

      1584 Whiting Way

      INDUSTRIAL (GENERAL) • 7,800 SF
      1584 Whiting Way, Lugoff, SC 29078-8748
      View Details
    • Value Estimation
      $290,000
      4,000 SF

      926 Carolina Dr

      INDUSTRIAL (GENERAL) • 4,000 SF
      926 Carolina Dr, Lugoff, SC 29078-8765
      View Details
    • Value Estimation
      $235,000
      6,000 SF

      730 Hwy 601st S

      INDUSTRIAL (GENERAL) • 6,000 SF
      730 Hwy 601st S, Lugoff, SC 29078-8981
      View Details
    • Value Estimation
      $270,000
      3,750 SF

      220 Kinard Rd

      INDUSTRIAL (GENERAL) • 3,750 SF
      220 Kinard Rd, Lugoff, SC 29078
      View Details
    • Value Estimation
      $280,000
      9,000 SF

      409 Larch Rd

      INDUSTRIAL (GENERAL) • 9,000 SF
      409 Larch Rd, Lugoff, SC 29078-9143
      View Details

    Similar Nearby for Sale

    • $8,500,000
      198,853 SF

      Lugoff Industrial Warehouse

      198,853 SF Warehouse, Multi-Tenant
      412 Groves St, Lugoff, SC 29078
      View Details
    • $389,000
      0.85 Acres

      Highway 1 South Commercial Land

      Prime Lugoff, SC commercial acreage.
      0 Us-1, Lugoff, SC 29078
      View Details
    • $8,500,000
      198,853 SF

      Spacious Industrial Building in Lugoff

      198,853 SF industrial building on 38.90 AC lot.
      412 Groves St, Lugoff, SC 29078
      View Details
    • $1,400,000
      13.37 Acres

      Lugoff Industrial Land For Sale

      13+ acres of commercial land near Interstate-20 in Lugoff, SC.
      14 Industrial Park Dr, Lugoff, SC 29078
      View Details
    • $279,900
      0.40 Acres

      Lugoff Commercial Building - High Visibility

      Prime Location, Excellent Condition, 10 Parking Spaces
      810 Ridgeway Rd, Lugoff, SC 29078
      View Details
    • $113,500
      10.00 Acres

      Lugoff Acreage on Highway 601

      10 +/- acre tract in Richland County for recreation/residential use.
      1201 Mccords Ferry Rd, Lugoff, SC 29078
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,000 SF

      Lugoff Industrial Land - Build-to-Suit

      ±6.31 Acres, I-20 & I-77 Access
      103 Lachicotte Rd, Lugoff, SC 29078
      View Details
    • Contact for pricing
      555,390 SF

      Lugoff Industrial Land - Build-to-Suit

      12.75-acre industrial site; prime I-20 location.
      1255 Commerce Dr, Lugoff, SC 29078
      View Details
    • Contact for pricing
      516,121 SF

      Industrial Warehouse Space Available

      516,121 SF industrial warehouse for lease in Lugoff, SC.
      235 Standard Warehouse Rd, Lugoff, SC 29078
      View Details
    • Contact for pricing
      196,524 SF

      Lugoff Industrial Warehouse

      196,524 SF Warehouse, Prime Location
      240 Evans Rd, Lugoff, SC 29078
      View Details
    • Contact for pricing
      97,582 SF

      Industrial Space with Rail Access

      Available industrial space featuring dock and rail loading.
      288 Highway 601 S, Lugoff, SC 29078
      View Details
    • $3,250,000
      8,000 SF

      Neighborhood Center Retail Space Available

      ±54,625 SF neighborhood center with high visibility and signage.
      34 Plaza Dr, Lugoff, SC 29078
      View Details
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    403 Hwy 601st S
    Lugoff, SC 29078
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    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
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