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    00 Highway 24 Anderson, SC 29626

    For Sale
    $920,000

    5.32 Acres, High Visibility, Hwy 24

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 5.32-acre commercial property boasts an unbeatable location at the corner of Highway 24 (Whitner Street) and Michelin Boulevard in Anderson, South Carolina. Benefitting from over 700 feet of road frontage along these four-lane roads, the site enjoys a traffic count exceeding 20,000 vehicles daily, ensuring maximum exposure for any business. A traffic light at the intersection further enhances visibility and accessibility. The property's strategic position places it directly across from the Anderson airport, offering convenient access for air travel. Its proximity to key employers like Tri-County Tech Anderson campus, Michelin, Electrolux, and First Quality adds significant value. Sewer availability simplifies development plans. The land is outside city limits, offering flexibility without the constraints of city zoning or deed restrictions. Anderson County borders the property on two sides. The property includes multiple tax map numbers: 0970002038, 0970002001, 0970002042, 0970002028, and 0970002029. This prime location presents a rare opportunity for significant commercial development. The high traffic volume, excellent visibility, and proximity to major employers and transportation hubs make this an ideal site for a variety of commercial ventures.

    Property Features for 00 Highway 24

    General Information

    Property type
    Other commercial real estate
    Lot Size
    231,739 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Anderson
    State
    South Carolina
    Longitude
    -82.70171
    Latitude
    34.50313

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    FAQs

    What type of property is this?
    Commercial real estate - 5.32 Acres, High Visibility, Hwy 24
    Where is this commercial real estate located?
    The property is located at 00 Highway 24 Anderson, SC.
    What is the asking price?
    The asking price for this property is $920,000.
    (864) 965-9022
    Request Owner's contact information
    00 Highway 24 Anderson, SC 29626
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    Anderson, SC 29626
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    Realmo Value Estimation

    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.

    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.

    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
    00 Highway 24 Anderson, SC 29626
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