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    994 Us 123 Hwy Seneca, SC 29678

    For Sale
    $1,050,000

    High-traffic location, build-to-suit option available.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 1.45-acre commercial property in Seneca, SC, boasts 280 feet of frontage on Highway 123, offering unparalleled visibility and accessibility. Situated across from established businesses like Harbor Freight and a Viking Boat Dealership, this prime location is ideal for significant commercial development. The property comprises two adjoining lots, allowing for flexibility in design and development. Two curb cuts are possible, facilitated by the acquisition of the necessary Department of Transportation right-of-way. Complete and updated plats, building plans, and stormwater information are readily available. The seller is offering a build-to-suit option for national accounts, catering to specific business needs. Alternatively, a ground lease opportunity is presented, offering a 20-year lease with escalating monthly payments: $6,000 for the first five years, $6,480 for the second five years, $6,998 for the third five years, and $7,558 for the final five years. A shorter, 10-year lease may also be negotiated. The asking price is $1,050,000. All interested parties are responsible for verifying all pertinent information.

    Property Features for 994 Us 123 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    63,162 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Seneca
    County
    Oconee
    State
    South Carolina
    Longitude
    -82.97465
    Latitude
    34.69432

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, build-to-suit option available.
    Where is this commercial real estate located?
    The property is located at 994 Us 123 Hwy Seneca, SC.
    What is the asking price?
    The asking price for this property is $1,050,000.
    (864) 241-8200
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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
    994 Us 123 Hwy Seneca, SC 29678
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