3374 John G Richards RdCamden, SC 29020

Property Details for 3374 John G Richards Rd

Year built

1987

Lot size

20.88 AC

Property size (Sq ft)

33,039 SF

Zone code

GD

Property type

Retail properties

Property subtype

Retail space

APN

111-02-00-026

APU

1110200026

Description

Wateree Marina, a thriving waterfront business located on 24 acres at 3374 John G Richards Rd., Camden, SC, presents a unique investment opportunity. Established in 1984 and recently celebrating its 40th anniversary, this turnkey operation boasts a diverse revenue stream. The property includes a boat dealership featuring exclusive brands such as Bennington, Key West, Sea Ark, Yamaha, and Express, along with a comprehensive service and parts department. Income is further generated through wet and dry slip leasing, a floating ship store and restaurant, fuel sales, and boat rentals. The marina also manages three on-site RV parks, adding to its profitability. Situated on the shore of Beaver Creek, directly off Lake Wateree Reservoir, the marina enjoys a prime location just outside the historic town of Camden. Significant recent investments have enhanced the property's condition, including the complete replacement of all floating docks and wet slips with custom aluminum within the last four years. The meticulous upkeep and consistent growth under current ownership demonstrate a commitment to quality and profitability. This established business offers immediate returns and significant potential for future expansion. The property's size and diverse offerings create a compelling investment opportunity with substantial upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $6,774,946

  6.5%

  $6,253,796

  7%

  $5,807,097

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,979,227

  Geo Method

  $14,098,957

• Alternative Use

  Use

  Valuation

  Residential

  $5,275,312

  Hospitality

  $4,832,157

  Educational

  $4,020,298

  Medical

  $4,158,562

  Retail

  $6,253,796

Location Insight

City

Camden

County

Kershaw

State

South Carolina

Latitude

34.434

Longitude

-80.7697

CBSA code

17900

CBSA name

COLUMBIA, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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