Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Commercial Land Opportunity Title is generated by Realmo AI

    00 Lincoln Road, York, SC 29745

    View on Map
    Claim this Listing
    For Sale
    $130,000

    2.2-acre corner lot in rapidly growing York, SC.

    Type:Commercial
    Lot size:
    2.20 Acres
    Added:
    Dec 31, 2024
    Days on Market:
    521
    Last Refresh:
    May 10 at 10:47 pm

    Property Features for 00 Lincoln Road

    General Information

    Standard status
    Active
    Lot size
    2.20 Acres
    Property subtype
    Commercial

    We can help!

    Listing Contact
    ERIN WATSON

    Listing agent ERIN WATSON License #106904

    Listing office KELLER WILLIAMS CONNECTED

    Listing date Dec 31, 2024

    Source Corcoran

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

    All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS CONNECTED

    HighLights

    • Prime 2.2‑acre corner lot location at Alexander Love Hwy and Lincoln Rd (Highway 5 Bypass).
    • Zoned HC - Highway Commercial and part of the Gateway Corridor District Overlay (GCDG) offering diverse development possibilities.
    • Located in a rapidly growing area of York, SC with high visibility and accessibility.
    • Surrounded by new commercial developments including Dollar Tree, gas stations, fast food restaurants, a car wash, and a credit union.
    • Caddy‑corner to York Intermediate High School.
    • Anticipated increase in demand due to rising housing developments.

    Overview

    This 2.2-acre corner lot is located at Alexander Love Hwy and Lincoln Rd, also known as the "Highway 5 Bypass," in York, SC. The property is positioned in a rapidly growing area, surrounded by new developments including a Dollar Tree, two gas stations, Hardee’s, Arby’s, a car wash, and a credit union. Housing developments are also rising in the area, suggesting future demand. The property is caddy-corner to York Intermediate High School, offering visibility and accessibility. It is zoned HC - Highway Commercial and is part of the Gateway Corridor District Overlay (GCDG), providing diverse possibilities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    York
    County
    York
    State
    South Carolina
    Longitude
    -81.236
    Latitude
    35.0045

    Nearby Similar for Sale

    • $725,000
      1,800 SF

      Downtown York Office Building

      Prime office building in historic downtown York, South Carolina.
      107 Congress Street S, York, SC 29745
      View Details
    • $135,000

      York, SC Land Opportunity

      Prime land opportunity near Charlotte and Rock Hill.
      Diane Road, York, SC 29745
      View Details
    • $400,000

      Prime Land on Alexander Love Highway

      4-acre commercial land parcel in a high-growth area.
      Alexander Love Highway, York, SC 29745
      View Details
    • $400,000

      Prime Land in Growing Corridor

      4-acre commercial land parcel in York, SC for sale.
      Alexander Love Highway, York, SC 29745
      View Details
    • $635,000

      Waterfront Lakefront Land Lot

      Wooded cul-de-sac lakefront lot with deep water frontage and a newer metal-roof dock for waterfront-ready living.
      3708 Rivergrass Lane, York, SC 29745
      View Details
    • $1,250,000

      Waterfront Land on Lake Wylie

      6.10 acre waterfront lot with potential docking locations.
      Sandlapper Drive, York, SC 29730
      View Details
    • $170,000

      5-Acre Land Parcel in York

      Spacious 5-acre parcel in York, SC, no city taxes.
      Blessed Hope Road, York, SC 29745
      View Details
    • $170,000

      5-Acre Land Parcel in York

      Rare, flat 5-acre parcel in York, SC, no city taxes.
      Blessed Hope Road, York, SC 29745
      View Details
    • $170,000

      Residential Land in York, SC

      5-acre parcel for a custom home near York, SC.
      Blessed Hope Road, York, SC 29745
      View Details
    • $175,000

      Land in York, South Carolina

      7.04 acre parcel perfect for building or investment.
      2239 Capps Road, York, SC 29745
      View Details
    • $199,500

      Highway Frontage Commercial Land

      2.1-acre commercial lot on Highway 321 in York, SC.
      1473 Filbert Highway, York, SC 29745
      View Details
    • $179,900

      Versatile Acreage with Workshop, York

      5.79 acres near York with workshop and utilities.
      2874 Carmel Court, York, SC 29745
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.2-acre corner lot in rapidly growing York, SC.
    Where is this commercial land located?
    The property is located at 00 Lincoln Road York, SC.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: Prime 2.2‑acre corner lot location at Alexander Love Hwy and Lincoln Rd (Highway 5 Bypass).; Zoned HC - Highway Commercial and part of the Gateway Corridor District Overlay (GCDG) offering diverse development possibilities.; Located in a rapidly growing area of York, SC with high visibility and accessibility.
    (803) 835-2300
    We can help!
    Listing Contact
    ERIN WATSON
    Real Estate License ID: 106904
    Learn More
    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
    00 Lincoln Road, York, SC 29745
    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!