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    604 Broad St Bennettsville, SC 29512

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    604 Broad St Bennettsville, SC 29512

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    • Commercial real estate
    • 1,000 SF
    Off-Market
    Property ID
    US77-2671542
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 604 Broad St

    Year built
    1950
    Property size
    1,000 SF
    Property type
    Commercial real estate

    Description

    This 1,000-square-foot commercial building is ideally situated in Bennettsville, South Carolina, at 604 Broad Street. Its prime location offers excellent visibility and accessibility, directly across from a Cook Out restaurant and other retail establishments, ensuring high foot traffic and potential customer exposure. The property is being sold in "as is" condition, presenting an opportunity for buyers to customize and renovate to their specific business needs. The building's size makes it suitable for a variety of commercial uses, from retail shops and offices to smaller service businesses. Given its location and the existing commercial activity in the immediate vicinity, this property represents a strong investment opportunity for entrepreneurs and business owners seeking a well-positioned space in a thriving area. The building is situated on a lot with no acreage, making it a compact and manageable property. The asking price is $69,000. Serious inquiries are encouraged to explore the potential of this versatile commercial space. This is a chance to acquire a property in a high-traffic area with significant potential for growth and return on investment. The property is ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Bennettsville
    County
    Marlboro
    State
    South Carolina
    Longitude
    -79.68004
    Latitude
    34.60893

    Comparable in this City

    • $285,000
      1,600 SF

      High-Traffic Bennettsville Commercial Space

      Prime location, high visibility, 1600 sq ft.
      117 117 Hwy 15-401 Byp, Bennettsville, SC 29512
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    • $30,000
      23,958 SF

      Bennettsville Commercial Building

      High-traffic location, great investment!
      Highway 15-401, Bennettsville, SC 29512
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    • $399,000
      75.40 Acres

      75 Acre Farm/Estate Opportunity

      75 acre farm and estate property in Bennettsville, South Carolina.
      385 & Family Farm Rd, Bennettsville, SC 29512
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      0.17 Acres

      Residential Lot Near Lake

      Small lot in Bennettsville, close to lake and golf.
      32 2Nd Ave, Bennettsville, SC 29512
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      Land with Road Frontage

      Commercial land with frontage on Stornaway Street and Cottingham Blvd.
      101 Stornaway St, Bennettsville, SC 29512
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    • $285,000
      1,600 SF

      Commercial Building in Bennettsville, SC

      Commercial building for sale in Bennettsville, South Carolina.
      117 Hwy 15-401 Byp E, Bennettsville, SC 29512
      View Details

    Similar Nearby for Sale

    • $285,000
      1,600 SF

      High-Traffic Bennettsville Commercial Space

      Prime location, high visibility, 1600 sq ft.
      117 117 Hwy 15-401 Byp, Bennettsville, SC 29512
      View Details
    • $30,000
      23,958 SF

      Bennettsville Commercial Building

      High-traffic location, great investment!
      Highway 15-401, Bennettsville, SC 29512
      View Details
    • $399,000
      75.40 Acres

      75 Acre Farm/Estate Opportunity

      75 acre farm and estate property in Bennettsville, South Carolina.
      385 & Family Farm Rd, Bennettsville, SC 29512
      View Details
    • Contact for pricing
      0.17 Acres

      Residential Lot Near Lake

      Small lot in Bennettsville, close to lake and golf.
      32 2Nd Ave, Bennettsville, SC 29512
      View Details
    • Contact for pricing

      Land with Road Frontage

      Commercial land with frontage on Stornaway Street and Cottingham Blvd.
      101 Stornaway St, Bennettsville, SC 29512
      View Details
    • Contact for pricing
      0.25 Acres

      Residential Lot Near Golf Course

      Corner lot with road frontage near golf course and lake.
      475 3Rd Ave, Bennettsville, SC 29512
      View Details
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    604 Broad St
    Bennettsville, SC 29512
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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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