211 Meadow StWalterboro, SC 29488

Property Details for 211 Meadow St

Year built

2007

Property size (Sq ft)

2,840 SF

Zone code

UD

Property type

Healthcare properties

Property subtype

Medical offices

APN

147-15-00-074.000

APU

1471500074000

Description

This exceptional single-story executive office building, located at 211 Meadow Street in Walterboro, South Carolina, presents a compelling investment opportunity. Built in 2007, the 2,840 square foot building sits on a 0.34-acre lot (14,810 square feet) and features durable wood frame construction with a reinforced concrete floor, metal siding, and a metal roof. The property boasts ample parking with 12 on-site spaces, ensuring convenient access for employees and clients. Situated in the Convenience Commercial District, the zoning allows for a variety of commercial uses, providing flexibility for future expansion or adaptation. The property's Colleton County Tax Map Number is 147-15-00-074.000, and the 2024 property taxes are $2,556. This well-maintained building offers a single-tenant configuration, providing a straightforward and efficient ownership experience. The asking price is $249,500, making it an attractive proposition for investors seeking a stable and profitable commercial property in a desirable location. The property's address is 211 Meadow Street, Walterboro, SC 29488.

• CAP approach

  CAP return

  Valuation

  6%

  $588,488

  6.5%

  $543,219

  7%

  $504,418

• Comparable approach

  Method

  Valuation

  Relative Method

  $253,894

  Geo Method

  $480,926

• Alternative Use

  Use

  Valuation

  Residential

  $673,592

  Hospitality

  $617,006

  Educational

  $513,342

  Medical

  $530,997

  Retail

  $798,532

Location Insight

City

Walterboro

County

Colleton

State

South Carolina

Latitude

32.9177

Longitude

-80.6687

CBSA code

47500

CBSA name

WALTERBORO, SC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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