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    Food Lion Anchored Retail Outparcel Title is generated by Realmo AI

    1908 Mt Gallant Rd, Rock Hill, SC 29732

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    Retail outparcel near I-77 with strong AADT on Mt Gallant and Celanese Roads.

    Type:Retail, Land
    Lot size:
    1.00 Acre
    Added:
    May 27, 2026
    Days on Market:
    11
    Last Refresh:
    Jun 6 at 5:52 am

    Property Features for 1908 Mt Gallant Rd

    General Information

    Standard status
    Active
    Lot size
    1.00 Acre
    Property subtype
    Retail, Land

    We can help!

    Listing Contact
    Cameron Arnold
    Cameron Arnold

    Listing agent Cameron Arnold License #343523

    Listing office TSCG The Shopping Center Group Charlotte

    Listing date May 27, 2026

    Source Crexi

    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 TSCG The Shopping Center Group Charlotte

    HighLights

    • Food Lion–anchored retail outparcel at 1908 Mt Gallant Rd, Rock Hill, SC
    • ±0.5–1.0 acre parcel size
    • Located off Celanese Rd, about 4 minutes to I‑77
    • Strong traffic counts: 12,700 AADT on Mt Gallant Rd and 49,300 AADT on Celanese Rd

    Overview

    This ±0.5–1.0 acre commercial land outparcel is anchored by Food Lion and is positioned for development consistent with neighborhood retail demand. The site is presented as an available parcel for an appropriate retail or related commercial use.

    The property is located off Celanese Rd at 1908 Mt Gallant Rd in Rock Hill, SC, with convenient access to the interstate system. It is approximately 4 minutes to I-77. Traffic counts reported for the area include 12,700 AADT on Mt Gallant Rd and 49,300 AADT on Celanese Rd, supporting visibility for retail-oriented tenants.

    With Food Lion as an established nearby draw, this outparcel can be a practical fit for a retailer seeking proximity to a grocery anchor and exposure to two heavily traveled corridors. Prospective buyers should review site plans and permitting requirements for their intended use to confirm development parameters and compatibility with the surrounding commercial setting.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office 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
    Rock Hill
    County
    York
    State
    South Carolina
    Longitude
    -81.0042705
    Latitude
    34.9778221

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    FAQs

    What type of property is this?
    Commercial land - Retail outparcel near I-77 with strong AADT on Mt Gallant and Celanese Roads.
    Where is this commercial land located?
    The property is located at 1908 Mt Gallant Rd Rock Hill, SC.
    What are key features of this property?
    This property features: Food Lion–anchored retail outparcel at 1908 Mt Gallant Rd, Rock Hill, SC; ±0.5–1.0 acre parcel size; Located off Celanese Rd, about 4 minutes to I‑77
    (704) 881-2102 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Cameron Arnold
    Cameron Arnold
    Real Estate License ID: 343523
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    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.

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    1908 Mt Gallant Rd, Rock Hill, SC 29732
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