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

    280 General Sumter Drive Great Falls, SC 29055

    View on Map
    Claim this Listing
    For Sale
    $99,900

    Residential - Great Falls, SC

    Property size:
    1,700 SF
    Lot size:
    0.72 Acres
    Added:
    Feb 26, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 16 at 2:06 pm

    Property Features for 280 General Sumter Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    027-03-01-014-000
    Size
    1,700 SF
    Lot size
    0.72 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Michael Thomas
    Michael Thomas

    Listing agent Michael Thomas

    Listing office Keller Williams Preferred 140 Wildewood Park Drive, Columbia, SC

    Listing date Feb 26, 2026

    MLS# 627903 Listing URL

    Copyright © 2026 Consolidated MLS, SC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakefront Lot Near Great Falls

    This wooded 0.72 acre lakefront lot is located on Cedar Creek Lake, just south of Great Falls, South Carolina, near the white water rafting area. The lot features a dock, a wooded home site, and natural boulders along the right side. It has been perked for a 3 bedroom home and requires a minimum of 1700 square feet. The property is conveniently located near I-77.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Great Falls
    County
    Chester
    State
    South Carolina
    Longitude
    -80.9571
    Latitude
    34.5686

    Nearby Similar for Sale

    • $24,900

      Wooded Lot in Great Falls

      1.95 acre wooded lot for build or investment.
      Truesdale Drive, Great Falls, SC 29055
      View Details
    • $24,900

      Great Falls Land Parcel

      Approximately 1.929 acre parcel in Great Falls, South Carolina.
      5091 Great Falls Highway, Great Falls, SC 29055
      View Details
    • $139,000

      Waterfront Lot on Cedar Creek

      1.78 acre waterfront lot perfect for recreation and relaxation.
      3111 Catawba Road, Great Falls, SC 29055
      View Details
    • $15,000

      Residential Lot in Great Falls

      Ready to build a home in a growing community.
      40 Poplar Street, Great Falls, SC 29055
      View Details
    • $139,000

      Waterfront Lot on Cedar Creek

      1.78 acre waterfront lot perfect for recreation.
      3111 Catawba Road, Great Falls, SC 29055
      View Details
    • $100,000

      Wooded Land Parcel in Great Falls

      8.2-acre wooded parcel ready for a new home.
      5482 Old Winnsboro Road, Great Falls, SC 29055
      View Details
    • $19,900

      Land in Great Falls, SC

      Residential land offering potential to build a dream home.
      Circle Drive, Great Falls, SC 29055
      View Details
    • $24,900

      Land in Great Falls, SC

      2.15 acre parcel, build, invest, or create.
      Brooklyn Road, Great Falls, SC 29055
      View Details
    • $19,900

      Land in Great Falls, SC

      Approximately 2.30 acres of land available in Great Falls.
      Winnsboro Road, Great Falls, SC 29055
      View Details
    • $89,000

      Waterfront Homesite on Pristine Lake

      Rare 2.33-acre waterfront homesite on a deep, unrestricted lake.
      2793 Catawba Road, Great Falls, SC 29055
      View Details
    • $109,000

      Residential Land in Great Falls

      Ready-to-build 0.60-acre parcel with utilities in Great Falls, SC.
      33 Pinecrest Avenue, Great Falls, SC 29055
      View Details
    • $90,000

      Residential Lot in Great Falls

      Prime building lot with septic permit in Great Falls, SC.
      TBD Wateree Road, Great Falls, SC 29055
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Wooded 0.72 acre lot with dock on Cedar Creek Lake.
    Where is this waterfront land located?
    The property is located at 280 General Sumter Drive Great Falls, SC.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: Lakefront lot on Cedar Creek Lake; Includes a dock for enjoying lake activities; Wooded home site offering privacy
    (803) 602-6500
    We can help!
    Listing Contact
    Michael Thomas
    Michael Thomas
    Real Estate License ID: 28692
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!