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    7553 Charlotte Hwy Indian Land, SC 29707

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    15 acres approved for age-restricted apartments in Indian Land.

    Lot size:
    15.00 Acres

    Property Features for 7553 Charlotte Hwy

    General Information

    Lot size
    15.00 Acres
    Source: Moodyscre

    Listing Agent: Justin Holofchak

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    15 Acres in Indian Land

    A 15-acre site is available in Indian Land, South Carolina. The site has received approval for an age-restricted apartment community consisting of 219 units. It is located at the signalized intersection of Highway 521 and Van Wyck Road, offering over 500 feet of frontage on Highway 521. The property is adjacent to 'The Caroline,' a new apartment community with 300 units. The owner is open to considering a sale contingent upon alternative use approval or rezoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Indian Land
    County
    Lancaster
    State
    South Carolina
    Longitude
    -80.83756
    Latitude
    34.93132

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    FAQs

    What type of property is this?
    Land - 15 acres approved for age-restricted apartments in Indian Land.
    Where is this land located?
    The property is located at 7553 Charlotte Hwy Indian Land, SC.
    What are key features of this property?
    This property features: - Approved for Age-Restricted Apartment Community with **219 Units**; - **15 Acres Available**; - Located at Signalized Intersection of Hwy 521 and Van Wyck Rd
    (704) 248-2100
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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.

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    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
    7553 Charlotte Hwy Indian Land, SC 29707
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