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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    609 Laurens St Camden, SC 29020-3523

    • Office Properties & Spaces
    • 1,560 SF
    OFF-MARKET
    Value Estimations
    $260,000
    Show details
    Cap Rate Potential
    7.7%
    Office Properties & Spaces
    Location Intelligence
    Property ID
    US77-0587706
    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

    • Office Properties & Spaces

    Property Details for 609 Laurens St

    Property size
    1,560 SF
    Zone code
    MUNICIPAL
    Property type
    Office Properties & Spaces
    APN
    C284-08-00-096
    APU
    C2840800096

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $265,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $340,000
      6.5%
      $315,000
      7%
      $290,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $195,000
      Market price range: $73.9k - $260k
      AI Estimate
      $204,000
      Market price range: $73.9k - $245k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $170,000
      Current use
      RETAIL STORES
      $165,000
      Change: -3% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Camden
    County
    Kershaw
    State
    South Carolina
    Longitude
    -80.6093
    Latitude
    34.2511
    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
    $8,796
    $35,000
    $99,800
    $134,800
    -
    $0.00
    $0.00
    $134,800

    Comparable in this City

    • Value Estimation
      $235,000
      2,515 SF

      944 Broad St

      OFFICE (GENERAL) • 2,515 SF
      944 Broad St, Camden, SC 29020-4315
      View Details
    • Value Estimation
      $250,000
      1,148 SF

      526 Dekalb St

      OFFICE (GENERAL) • 1,148 SF
      526 Dekalb St, Camden, SC 29020-4440
      View Details
    • Value Estimation
      $125,000
      10,558 SF

      1924 Jefferson Davis Hwy

      OFFICE (GENERAL) • 10,558 SF
      1924 Jefferson Davis Hwy, Camden, SC 29020
      View Details
    • Value Estimation
      $455,000
      550 SF

      711 Jefferson Davis Hwy

      OFFICE (GENERAL) • 550 SF
      711 Jefferson Davis Hwy, Camden, SC 29020
      View Details
    • Value Estimation
      $210,000
      863 SF

      1117 Little St

      OFFICE (GENERAL) • 863 SF
      1117 Little St, Camden, SC 29020-3612
      View Details
    • Value Estimation
      $595,000
      56,069 SF

      1000 Ml St

      OFFICE (GENERAL) • 56,069 SF
      1000 Ml St, Camden, SC 29020-4427
      View Details

    Similar Nearby for Sale

    • $365,000
      2,462 SF

      Prime Camden Office Building

      Downtown Camden, Move-In Ready Office
      715 Dekalb St, Camden, SC 29020
      View Details
    • $699,000
      5,337 SF

      Multi-Tenant Commercial Building in Camden

      Multi-tenant commercial building with six units in downtown Camden, SC.
      905 W Dekalb St, Camden, SC 29020
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    • $329,000
      1,800 SF

      Downtown Camden Metal Building

      Well-maintained, heated and cooled building suitable for retail or warehouse.
      1214 Wylie St, Camden, SC 29020
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    • $149,000

      South Carolina Land for Sale

      Land with home site options in a desirable South Carolina location.
      1135 Elkwood Ln, Camden, SC 29020
      View Details
    • $192,000
      24.10 Acres

      24 Acres Near Camden

      24-acre parcel near Camden, SC, with road frontage and creek.
      Tbd Jamestown/Salem Church, Camden, SC 29020
      View Details
    • $550,000
      4,708 SF

      Versatile Commercial Space in Camden

      Well-maintained commercial property with office and garage bays in Camden.
      1106 Goodale Ave, Camden, SC 29020
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      3,640 SF

      Downtown Camden Medical Office Space

      ±3,640 SF Medical Office in Camden, SC
      205 Dekalb St, Camden, SC 29020
      View Details
    • $18 SF/Yr
      3,640 SF

      Downtown Camden Commercial Space Available

      3,640 SF space in downtown Camden, SC. Perfect for office.
      207 E Dekalb St, Camden, SC 29020
      View Details
    • Contact for pricing
      185,781 SF

      Springdale Plaza Retail Center

      Camden, SC Power Center - 2,000 SF Available
      1670 Dekalb St, Camden, SC 29020
      View Details
    • $23 SF/Yr
      28,000 SF

      168 Wall St

      Retail properties • 28,000 SF
      168 Wall St, Camden, SC 29020
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space in Camden Center

      Retail space available in a busy Camden shopping center.
      2209 W Dekalb St, Camden, SC 29020
      View Details
    • $15 SF/Yr
      1,313 SF

      Retail Space in Camden Plaza

      Retail units available in renovated shopping center with ample parking.
      1001 Old River Rd, Camden, SC 29020
      View Details
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    609 Laurens St
    Camden, SC 29020-3523
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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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