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    The Largest CRE Database in the US with Over 1 Million Listings

    7125 Ninety Six Hwy Ninety Six, SC 29666

    Sponsored
    For Sale
    $2,000,000

    Residential Acreage - Ninety Six, SC

    Type:Single Family Residence
    Lot size:
    5.00 Acres
    Days on Market:
    204
    Last Refresh:
    Feb 2 at 4:06 pm

    Property Features for 7125 Ninety Six Hwy

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    WD
    Exterior features
    See Remarks
    Lot size
    5.00 Acres

    Utilities

    Water front features
    192feet Of Waterfront, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other
    Additional Structures
    See Remarks

    We can help!

    Listing Contact
    Tonya Wiley

    Wiley Real Estate LLC (864) 993-8153

    Listing agent Tonya Wiley (864) 993-8153

    Listing date Jul 14, 2025

    MLS# 132816 Listing URL

    Copyright © 2026 Greenwood 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

    Overview

    Lake Greenwood Development Opportunity

    This approximately 5-acre waterfront property on Lake Greenwood, zoned WD (Waterfront Development), offers an opportunity for developers and investors to create a residential or mixed-use destination. The property features 192.5 feet of shoreline and long-range views across deep, clear water. Public water, sewer, and natural gas are available. The property is set on the Greenwood side of Lake Greenwood and features gently sloping terrain suitable for tiered or elevated construction. The location is close to the dam, where the water is known to be cleaner, clearer, and deeper. The WD zoning approves the tract for uses including condominiums, townhomes, commercial spaces, or a mixed-use lakefront village. The property lies within an Opportunity Zone, offering tax incentives. Existing structures include a 40' x 60' metal commercial-style building with a storefront, concrete floors, and roll-up bay doors, plus two additional storage buildings, 30' x 100' and 30' x 85'. Positioned just off Hwy 34, the site offers high visibility and easy access to town amenities. The area is surrounded by established neighborhoods and multifamily communities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Auto Repair Shop Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ninety Six
    County
    Greenwood
    State
    South Carolina
    Longitude
    -81.928826
    Latitude
    34.174344

    Nearby Similar for Sale

    • $3,995,000
      285,354 SF

      Industrial Property on 18+ Acres

      285,354 sqft industrial property with 18+ acres for sale.
      4730 Ninety Six Hwy, Ninety Six, SC 29666
      View Details
    • $380,000
      2.84 Acres

      Lakefront Property with Development Potential

      2.84 acres of unrestricted lakefront property with private docks.
      203 Ramp Rd, Ninety Six, SC 29666
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    FAQs

    What type of property is this?
    Commercial land - 5-acre waterfront property zoned for residential or mixed-use development.
    Where is this commercial land located?
    The property is located at 7125 Ninety Six Hwy Ninety Six, SC.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Prime Waterfront Development Opportunity: Approximately 5-acre property with 192.5 feet of shoreline on Lake Greenwood, offering expansive long-range views and deep, clear water.; - WD Zoning with Flexible Development Options: Approved for a wide range of uses including condominiums, townhomes, commercial spaces, or a mixed-use lakefront village.; - Opportunity Zone Designation: Offers significant tax incentives and capital gains advantages for qualified investments.
    (864) 993-8153
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    7125 Ninety Six Hwy Ninety Six, SC 29666
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    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
    7125 Ninety Six Hwy Ninety Six, SC 29666
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    We can help!
    Listing Contact
    Tonya Wiley
    Real Estate License ID: 52880
    (864) 993-8153
    Learn more
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