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

    0 Highway 34E Ridgeway, SC 29130

    View on Map
    Picture of Commercial land at 0 Highway 34E, Ridgeway, SC
    For Sale
    $8,000,000

    Commercial - Ridgeway, SC

    Lot size:
    72.00 Acres
    Added:
    Feb 14, 2025
    Days on Market:
    415
    Last Refresh:
    Apr 5 at 3:06 pm

    Property Features for 0 Highway 34E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B-2
    Standard status
    Active
    APN
    184-00-00-028-000
    Lot size
    72.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    W Rhett Kelly

    Listing agent W Rhett Kelly

    Listing office Southern Visions Realty I LLC PO Box 729, Lexington, SC

    Listing date Feb 14, 2025

    MLS# 602072 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

    Prime Commercial Land Near I-77

    This is approximately 64 acres of commercial land conveniently located just off I-77. The property features over 2,000 feet of total road frontage, including 1,650 feet along Highway 34 and 1,000 feet along I-77. The location benefits from high visibility, with a daily traffic count of 7,100 vehicles on Highway 34 and 48,500 vehicles on I-77. Utilities such as water, sewer, and natural gas are available on-site. The property is zoned B-2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Ridgeway
    County
    Fairfield
    State
    South Carolina
    Longitude
    -80.9048
    Latitude
    34.3435

    Nearby Similar for Sale

    • $825,000

      Prime Industrial Land I-77 Frontage

      52.66 acres with I-77 visibility and industrial zoning.
      637 Cook Road, Ridgeway, SC 29130
      View Details
    • $479,000

      Prime Commercial Land Parcel

      2.83 acre commercial parcel near I-77 in Ridgeway, SC.
      6665 State Highway 34 E, Ridgeway, SC 29130
      View Details
    • $389,000

      Waterfront Lot with Existing Dock

      Prime waterfront lot featuring existing septic, well, and dock.
      62 Lazy Lane, Ridgeway, SC 29130
      View Details
    • $100,000

      Residential Homesite in Ridgeway, SC

      6 acre residential homesite with mature trees and stream.
      320 Dewdrop Drive, Ridgeway, SC 29130
      View Details
    • $95,000

      Residential Land in Gated Community

      6+ acre lot in gated community near Lake Wateree.
      290 Retreat Way, Ridgeway, SC 29130
      View Details
    • $2,055,900

      Prime Commercial Land I-77 Corridor

      38.65-acre corner lot near I-77 Exit 32, Ridgeway, SC.
      4129 Peach Road E, Ridgeway, SC 29130
      View Details
    • $1,800,000

      Prime Corner Acreage Near I-77

      30+ acre corner lot with high visibility and flexible zoning.
      4129 Peach Road E, Ridgeway, SC 29130
      View Details
    • $150,000

      Ridgeway Acreage in Gated Community

      9.76 acres in gated equestrian community near I-77.
      Lot 22 Creekside Way, Ridgeway, SC 29130-7414
      View Details
    • $59,900

      Residential Building Lot in Ridgeway

      Two-acre building lot in gated community near Ridgeway, SC.
      Lot 4 Retreat Way, Ridgeway, SC 29130
      View Details
    • $69,900

      Lake Wateree Vacant Lot

      Two-acre vacant lot in gated Lake Wateree community.
      Lot 5 Retreat Way, Ridgeway, SC 29130
      View Details
    • $65,000

      Two Acre Building Lot

      Two-acre building lot in Lake Wateree gated community.
      Lot 2 Retreat Way, Ridgeway, SC 29130-0000
      View Details
    • $65,000

      Lake Wateree View Acreage

      1.59 acre lot with lake views and boat access.
      1427-2 Buck Hill Landing Road, Ridgeway, SC 29130
      View Details

    FAQs

    What type of property is this?
    Commercial land - 64 acres of commercial land with high visibility and utilities.
    Where is this commercial land located?
    The property is located at 0 Highway 34E Ridgeway, SC.
    What is the asking price?
    The asking price for this property is $8,000,000.
    What are key features of this property?
    This property features: Prime commercial land with **high visibility** off I‑77.; Boasts substantial road frontage: 1,650 feet on Highway 34 and 1,000 feet on I‑77.; Benefit from a high daily traffic count: 48,500 vehicles on I‑77 and 7,100 on Highway 34.
    (803) 359-9571
    We can help!
    Listing Contact
    W Rhett Kelly
    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!