Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    206 Tanglewood Dr Westminster, SC 29693

    View on Map
    Sponsored
    For Sale
    Under Contract
    $70,000

    LAND - Westminster, SC

    Lot size:
    0.50 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 5 at 8:06 pm

    Property Features for 206 Tanglewood Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    307-02-01-058
    Lot size
    0.50 Acres

    We can help!

    Listing Contact
    Silvana Baez
    Silvana Baez

    Keller Williams Seneca (864) 225-8006

    Listing agent Silvana Baez (864) 482-2700 License #63958

    Listing date Mar 5, 2026

    MLS# 20297326 Listing URL

    Copyright © 2026 Western Upstate Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Land in Westminster, SC

    This 0.53-acre lot on Tanglewood Drive in Westminster, SC, presents an opportunity to build a custom home. Located in the Millhurst Section, where only homes are allowed, the property offers a wooded setting. Residences in this section must have a minimum floor area of 650 square feet for interior lots. Water, sewer, and electric connections are already in place, facilitating the building process. The natural landscaping provides a private retreat, and the location offers both seclusion and community access. Residents can enjoy community amenities, including a pool and ample parking. The expansive forest views create a serene natural escape. This lot allows for a personalized living experience amidst natural beauty.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Food Market Grocery & Convenience Store Grocery & Convenience Store Restaurant (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westminster
    County
    Oconee
    State
    South Carolina
    Longitude
    -83.079801
    Latitude
    34.577111

    Nearby Similar for Sale

    • $135,000
      1,148 SF

      Westminster Commercial Space For Sale

      Versatile commercial space in high-traffic location, ready for customization.
      111 Retreat St, Westminster, SC 29693
      View Details
    • $79,000
      2,500 SF

      Downtown Westminster Retail/Office Opportunity

      Unfinished space in downtown Westminster, suitable for retail or office.
      210 E Main St, Westminster, SC 29693
      View Details
    • $195,000

      Charming Commercial Building on Highway 123

      Retail or restaurant opportunity on high-traffic Highway 123 in Westminster.
      3518 Toccoa Hwy, Westminster, SC 29693
      View Details
    • $395,000
      0.29 Acres

      Westminster Commercial Building for Sale

      Commercial building suitable for medical or business office use.
      104 W Oak Hwy, Westminster, SC 29693
      View Details
    • $249,900
      1,830 SF

      Remodeled Duplex Investment Opportunity

      Turn-key duplex with updated systems, ready for immediate occupancy.
      114 Anderson Ave, Westminster, SC 29693
      View Details
    • New
      Contact for pricing
      Pending

      Westminster, SC Land For Sale

      Land available in Westminster, South Carolina.
      Chickasaw Pt, Westminster, SC 29693
      View Details
    • New
      Contact for pricing
      Pending

      Westminster, SC Land For Sale

      Land for sale in Westminster, South Carolina.
      Chickasaw Pt, Westminster, SC 29693
      View Details
    • $4,500,000
      110.00 Acres

      Westminster Estate with Pond and Shop

      110-acre estate featuring a custom home, pond, and shop.
      120 Lonesome Valley Rd, Westminster, SC 29693
      View Details
    • $8,000,000
      378.00 Acres

      Westminster Acreage with Custom Home

      378 acre estate featuring custom home and lake lodge.
      1944 Dr. Johns Rd, Westminster, SC 29693
      View Details
    • $750,000
      5,000 SF

      Lake Hartwell RV Park Investment

      Lucrative RV park near Lake Hartwell and Blue Ridge Mountains.
      14503 Hwy South, Westminster, SC 29693
      View Details
    • Contact for pricing
      170,417 SF

      New Industrial Manufacturing Building

      Brand new 170,417 SF manufacturing building in Westminster, SC.
      365 Oconee Business Pkwy, Westminster, SC
      View Details
    • $1,000,000
      15,000 SF

      Highway 11 Flea Market

      Multi-use commercial property with income potential on high-traffic highway.
      4265 South Carolina 11, Westminster, SC 29693
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.53-acre lot ready for custom home in Westminster.
    Where is this residential land & home lot located?
    The property is located at 206 Tanglewood Dr Westminster, SC.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: - Expansive 0.53-acre lot in the Millhurst Section, offering ample space for a custom home.; - Utilities (water, sewer, and electric) are already connected, simplifying the building process.; - Located in a tranquil, wooded setting, providing a private and serene environment.
    (864) 482-2700
    Request Owner's contact information
    206 Tanglewood Dr Westminster, SC 29693
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    206 Tanglewood Dr
    Westminster, SC 29693
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    206 Tanglewood Dr Westminster, SC 29693
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Silvana Baez
    Silvana Baez
    Real Estate License ID: 63958
    (864) 482-2700 (864) 873-7430 (864) 225-8006
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!