Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Large Parcel Near Lake Wateree Title is generated by Realmo AI

    TBD Colonels Circle, Ridgeway, SC 29130

    View on Map
    Claim this Listing
    For Sale
    $215,000

    Residential - Ridgeway, SC

    Lot size:
    13.79 Acres
    Added:
    Feb 3, 2026
    Days on Market:
    115
    Last Refresh:
    May 29 at 4:06 pm

    Property Features for TBD Colonels Circle

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R1
    Standard status
    Active
    APN
    134-04-01-005-000
    Lot size
    13.79 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Nat Humphries

    Listing agent Nat Humphries

    Listing office Lake Wateree Properties Inc 5859 River Road, Ridgeway, SC

    Listing date Feb 3, 2026

    MLS# 626177 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.

    HighLights

    • Large 13.79 acre parcel.
    • Minutes from Lake Wateree.
    • Potential to build two houses or sell one lot.
    • Conventional septic permit in place (valid until February 11, 2028).
    • Less than a mile from a public boat ramp.
    • Less than a mile from gas station and restaurant.

    Overview

    This 13.79-acre parcel, comprised of two adjoining lots, presents an opportunity for residential development. Located in Ridgeway, South Carolina, the wooded property is situated minutes from Lake Wateree and less than a mile from a public boat ramp, gas station, and restaurant. The land offers the potential to construct two houses or sell one of the parcels. A conventional septic permit is in place for one of the lots, valid until February 11, 2028, making it ready for development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Ridgeway
    County
    Fairfield
    State
    South Carolina
    Longitude
    -80.80598534
    Latitude
    34.37014485

    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
    • $850,000

      90 Acres in Ridgeway, SC

      90-acre tract ideal for a family homestead near Columbia/Charlotte.
      US Highway 21, 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
    • $100,000

      Residential Homesite in Ridgeway, SC

      6 acre residential homesite with mature trees and stream.
      320 Dewdrop Drive, 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
    • $129,000

      Cleared Lot with Dock

      Ready-to-build 0.83 acre lot with dock and septic.
      2665 Rolling Hills Road, Ridgeway, SC 29130
      View Details
    • $200,000

      Lake Wateree Waterfront Land

      6.5 acre lot with 350 feet of waterfront.
      14B Dutchman Creek Road, Ridgeway, SC 29130
      View Details
    • $645,000
      5,150 SF

      Commercial Property with Development Potential

      Two buildings on 4.46 acres with expansion possibilities.
      9145 Longtown Rd & 28 Old Windmill Rd, Ridgeway, SC
      View Details
    • $275,000
      2,885 SF

      Ridgeway Commercial Property For Sale

      Remodeled bar/restaurant near I-77 in Ridgeway, SC.
      7480 Highway 34, Ridgeway, SC 29130
      View Details
    • $556,400

      Land with Multiple Access Points

      Land with road access, timber, and development potential.
      489 Syrup Mill Road, Ridgeway, SC 29130
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 13.79 acre parcel near Lake Wateree in Ridgeway, SC.
    Where is this residential land & home lot located?
    The property is located at TBD Colonels Circle Ridgeway, SC.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: Large 13.79 acre parcel.; Minutes from Lake Wateree.; Potential to build two houses or sell one lot.
    (803) 669-1700
    We can help!
    Listing Contact
    Nat Humphries
    Real Estate License ID: 14714
    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

    Thank You for Inquiry
    TBD Colonels Circle, Ridgeway, SC 29130-0000
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!