339 Jefferies BlvdWalterboro, SC 29488

  • Retail properties
  • 2,034 SF
For Sale
$385,000 View listing

Property Details for 339 Jefferies Blvd

Year built
1963
Lot size
1.50 AC
Property size (Sq ft)
2,034 SF
Zone code
UD
Property type
Retail properties
Property subtype
Turn key restaurants
APN
163-11-00-243.000
APU
1631100243000

Description

This exceptional mixed-use property, located at 339 N Jefferies Boulevard in Walterboro, South Carolina, presents a compelling investment opportunity. The 2,034-square-foot building underwent a complete renovation in 2024, ensuring modern functionality and aesthetics. Situated on a generous 1.51-acre lot, the property boasts ample space for expansion or outdoor uses. The building is currently available for occupancy starting May 13, 2024. Its zoning designation, Highway Commercial District (HCD) within the Corridor Overlay (C-O), allows for a wide variety of commercial uses, providing significant flexibility for the owner-user. The asking price is $385,000, translating to $189.28 per square foot. The property's single-story design and convenient location in Colleton County, with the APN 163-11-00-243, make it an attractive prospect for businesses seeking a high-visibility presence in a growing area. The property's size and zoning provide significant potential for future development and growth. This is a rare opportunity to acquire a turnkey, renovated commercial property in a desirable location. Don't miss out on this chance to own a piece of Walterboro's vibrant commercial landscape. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $619,565
    6.5%
    $571,907
    7%
    $531,056
  • Comparable approach

    Method
    Valuation
    Relative Method
    $458,233
    Geo Method
    $867,983
  • Alternative Use

    Use
    Valuation
    Residential
    $482,425
    Hospitality
    $441,898
    Educational
    $367,654
    Medical
    $380,298
    Retail
    $571,907
339 Jefferies Blvd, Walterboro, South Carolina

Location Insight

City
Walterboro
County
Colleton
State
South Carolina
Latitude
32.9051
Longitude
-80.6678
CBSA code
47500
CBSA name
WALTERBORO, SC MICROPOLITAN 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
$2,690
$80,000
$55,000
$135,000
-
$80,000
$55,000
$135,000

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