407 Salem AveSumter, SC 29150

  • Commercial real estate
  • 7,337 SF
For Sale
$795,000 View listing

Property Details for 407 Salem Ave

Year built
1983
Construction
FRAME
Lot size
1.13 AC
Property size (Sq ft)
7,337 SF
Zone code
PO
Property type
Commercial real estate
APN
228-03-05-010
APU
2280305010

Description

This exceptional 0-unit commercial property, located at 407 N Salem Ave in Sumter, South Carolina, 29150, presents a unique investment opportunity. Priced at $795,000, this special purpose land is ideally suited for a medical practice. The existing building boasts numerous rooms and offices, providing ample space for various medical specialties. Significant storage capacity is also available, catering to the needs of a growing practice. The property's strategic location in Sumter County offers convenient access to key transportation routes and a thriving local community. This is a turnkey solution for medical professionals seeking a well-equipped and spacious facility. The property's layout is designed to maximize efficiency and workflow, ensuring a seamless patient experience. The building's condition is ready for immediate occupancy, minimizing downtime and allowing for a swift transition. This is a rare opportunity to acquire a well-positioned commercial property in a desirable location, offering significant potential for long-term growth and profitability. The property's size and features make it an attractive investment for both established and emerging medical practices. Serious inquiries are encouraged to explore this promising investment opportunity further. Coordinates are 33.9293616 latitude and -80.3504321 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,169,572
    Hospitality
    $1,071,321
    Educational
    $891,327
    Medical
    $921,981
    Retail
    $1,386,508
407 Salem Ave, Sumter, South Carolina

Location Insight

City
Sumter
County
Sumter
State
South Carolina
Latitude
33.9295
Longitude
-80.3503
CBSA code
44940
CBSA name
SUMTER, 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
2022
$12,998
$3,970
$31,280
$35,250
-
$66,105
$521,308
$587,413

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