Sign Up Successful!
You now have access to more from Realmo!
    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

    Sunset Ridge/Paramount Dr, Unit 17 Seneca, SC 29678

    Sponsored
    For Sale
    $39,900

    LAND - Seneca, SC

    Lot size:
    1.90 Acres
    Days on Market:
    11
    Last Refresh:
    Jan 23 at 5:06 pm

    Property Features for Sunset Ridge/Paramount Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    P/O 252-00-02-149
    Lot size
    1.90 Acres

    We can help!

    Listing Contact
    Gregory Coutu

    Allen Tate Realtors (864) 723-0007

    Listing agent Gregory Coutu (864) 882-1166 License #45219

    Listing date Jan 13, 2026

    MLS# 20291598 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 Gated Community

    Located in the gated community of Sunset Ridge, this 1.90-acre lot offers a blend of privacy and convenience. The property, identified as Lot 17, features a gentle to moderate slope suitable for a walkout basement home. A dry creek bed is situated on the left side of the property, which is populated with hardwood trees. Backing onto over 50 acres of untouched land, the lot provides an enhanced sense of seclusion. The placement of the neighbor's home on the adjacent lot further contributes to the private atmosphere. Essential utilities such as electricity, water, natural gas, and fiber internet are available within the neighborhood. The location provides convenient access to schools, shopping centers, and hospitals, with the historic Ram Cat Alley just a 10-minute drive away. This property offers an opportunity for country living with nearby amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Seneca
    County
    Oconee
    State
    South Carolina
    Longitude
    -83.009957
    Latitude
    34.669284

    Nearby Similar for Sale

    • $450,000
      1.02 Acres

      Seneca Commercial Buildings For Sale

      Two industrial buildings with flexible space and manufacturing potential.
      306 Byp Unit Building B And, Seneca, SC 29678
      View Details
    • $249,000
      0.24 Acres

      Seneca Duplex Investment Opportunity

      Duplex near Bypass in Seneca, SC, ideal for investors.
      400 Foxfire Ct, Seneca, SC 29672
      View Details
    • $219,000

      Established Hibachi Restaurant for Sale

      Turnkey Hibachi restaurant with existing lease and equipment included.
      1510 Blue Ridge Blvd, Seneca, SC 29672
      View Details
    • $1,800,000
      1.01 Acres

      Seneca Retail/Warehouse Opportunity

      All brick/concrete building with existing tenants and expansion potential.
      518 N 1 St, Seneca, SC 29678
      View Details
    • $999,949

      Historical Brick Building in Seneca

      Three-level, 15,600 SF building in Seneca's Opportunity Zone.
      235 Main St, Seneca, SC 29678
      View Details
    • $687,500
      3.95 Acres

      Seneca Commercial Property with Expansion Potential

      High-visibility commercial property ideal for storage, sales, or service center.
      298 Worth St, Seneca, SC 29678
      View Details
    • $250,000
      0.63 Acres

      Commercial Property on Radio Station Rd

      Commercial property with road frontage, suitable for business location.
      11081 N Radio Station Rd, Seneca, SC 29678
      View Details
    • $1,500,000
      0.78 Acres

      Turn-Key Restaurant Franchise Opportunity

      Profitable Moe's Southwest Grill franchise with real estate for sale.
      1053 By Pass 123 Byp, Seneca, SC 29678
      View Details
    • $490,000
      9,650 SF

      Two Warehouses Near Clemson

      Two warehouse buildings totaling 9,650 SF on one acre.
      306 By Pass 123, Seneca, SC 29678
      View Details
    • $2,283,233
      6,227 SF

      Medical Office NNN Investment

      Single tenant medical office building with long-term lease.
      10110 Clemson Blvd, Seneca, SC 29672
      View Details
    • $152,500

      Affordable Townhome Near Clemson University

      Townhome near Clemson University, ideal for rental or affordable living.
      1034 Ridgeview Ln, Seneca, SC 29678
      View Details
    • $270,000

      Studio Condo Near Clemson Campus

      Studio condo near Clemson University with rental management options.
      13500 Clemson Blvd, Seneca, SC 29678
      View Details

    FAQs

    What type of property is this?
    Land - 1.90-acre lot in Sunset Ridge, Seneca, SC.
    Where is this land located?
    The property is located at Sunset Ridge/Paramount Dr, Unit 17 Seneca, SC.
    What is the asking price?
    The asking price for this property is $39,900.
    What are key features of this property?
    This property features: - 1.90 acre lot in a gated community, offering privacy and spaciousness.; - Backs up to over 50 acres of untouched land, enhancing seclusion.; - Utilities available: electricity, water, natural gas, and fiber internet.
    (864) 230-5911
    Request Owner's contact information
    Sunset Ridge/Paramount Dr, Unit 17 Seneca, SC 29678
    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.
    Sunset Ridge/Paramount Dr, Unit 17
    Seneca, SC 29678
    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
    Sunset Ridge/Paramount Dr, Unit 17 Seneca, SC 29678
    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
    Gregory Coutu
    Real Estate License ID: 45219
    (864) 230-5911
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.