Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Land with Highway Frontage Title is generated by Realmo AI

    125 Armstrong Road, Seneca, SC 29678

    View on Map
    Claim this Listing
    For Sale
    $1,900,000

    Commercial land with highway and state road frontage.

    Type:Commercial/Industrial
    Lot size:
    102.70 Acres
    Added:
    Mar 16, 2026
    Days on Market:
    75
    Last Refresh:
    Apr 6 at 12:35 am

    Property Features for 125 Armstrong Road

    General Information

    Standard status
    Active
    Lot size
    102.70 Acres
    Property subtype
    Commercial/Industrial

    We can help!

    Listing Contact
    Johnson Team Mike & Maggie

    Listing agent Johnson Team Mike & Maggie License #84603

    Listing office Lake Keowee Real Estate

    Listing date Mar 16, 2026

    Source Exitrealty

    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 Lake Keowee Real Estate

    HighLights

    • Significant road frontage: over 1200 feet on US Hwy 123 and over 1600 feet on Armstrong (State Road).
    • Minimal zoning restrictions: Currently zoned in the "Control Free" district.
    • City water and electric service available.
    • Gravity fed sewer line bordering the East side of the property.
    • Large lot size.
    • Creek access.

    Overview

    This commercial land offers significant frontage on US Hwy 123, measuring approximately 1200 feet, and approximately 1600 feet on Armstrong (State Road). The property is located in the "Control Free" district, which has very few zoning restrictions. Essential utilities are available, including city water and electric service. A gravity-fed sewer line borders the east side of the property. A portion of the land along the creek is situated in a FEMA "Flood Way". Prospective buyers are advised to verify all information relevant to their purchase decision.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Building Supply Auto Repair Shop Department Store Grocery & Convenience Store Food Market Discount Store Garden Center Car Rental Facility Computer & Electronic Repair Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Seneca
    County
    Oconee
    State
    South Carolina
    Longitude
    -83.0304139
    Latitude
    34.6646468

    Nearby Similar for Sale

    • $619,000
      3,092 SF

      Two Furnished Homes on 1.2 Acres

      Two fully furnished homes near Seneca and Clemson, move-in ready.
      213 & 217 Singing Pines Road, Seneca, SC 29678
      View Details
    • $1,800,000

      Seneca Retail/Warehouse Opportunity

      All brick/concrete building with existing tenants and expansion potential.
      518 W N 1st Street, Seneca, SC 29678
      View Details
    • $49,900

      Seneca Land in Prime Location

      Buildable lot in downtown Seneca near lakes and amenities.
      S Fairplay Street, Seneca, SC 29678
      View Details
    • $545,000

      Prime Commercial Land Opportunity

      2.65-acre commercial parcel in high-growth area, ideal for development.
      1800 Sandifer Boulevard, Seneca, SC 29678
      View Details
    • $234,900

      Commercial Building in Seneca, SC

      Commercial building with open floor plan suitable for retail/office/restaurant.
      615 W N 1st Street, Seneca, SC 29678
      View Details
    • $169,000

      Seneca Homesite Ready for Build

      0.55-acre homesite in Seneca, SC with prep work completed.
      103 Hughes Street, Seneca, SC 29672
      View Details
    • $160,000

      Lake Keowee Homesite Opportunity

      0.45-acre lot in gated community near Lake Keowee.
      Marina Bay Drive lot: #50, Seneca, SC 29672
      View Details
    • $1,900,000

      Turn-Key Restaurant Franchise Opportunity

      Turn-key national franchise restaurant with real estate for sale.
      1053 By Pass 123 Bypass, Seneca, SC 29678
      View Details
    • $1,399,999
      12,000 SF

      Seneca Retail Building For Sale

      12,000 SF building with conversion potential in Seneca, SC.
      12020 North Radio Station Road, Seneca, SC 29678
      View Details
    • $45,500

      Residential Lot in Seneca, SC

      Residential lot ready for new construction in Seneca, South Carolina.
      530 E S 5th Street, Seneca, SC 29678
      View Details
    • $695,000

      Lake Keowee Waterfront Land

      Waterfront lot with covered dock on Lake Keowee.
      114 Cool Ridge Drive, Seneca, SC 29672
      View Details
    • $30,000

      Residential Lot in Golf Community

      Wooded lot in gated golf community with amenities.
      Dog Leg Lane lot: 11, Seneca, SC 29678
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land with highway and state road frontage.
    Where is this commercial land located?
    The property is located at 125 Armstrong Road Seneca, SC.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: Significant road frontage: over 1200 feet on US Hwy 123 and over 1600 feet on Armstrong (State Road).; Minimal zoning restrictions: Currently zoned in the "Control Free" district.; City water and electric service available.
    (864) 886-0098
    We can help!
    Listing Contact
    Johnson Team Mike & Maggie
    Real Estate License ID: 84603
    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
    125 Armstrong Road, Seneca, SC 29678
    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!