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Rock Hill Retail Opportunity
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2609 Celanese Rd, Rock Hill, SC

Former bank building with subdivision potential and ample parking.

Property Size12,180 SF
Lot Size1.82 Acres
Price / SF$402.30
Days on Market538

Property Features for 2609 Celanese Rd

General Information

Standard status Active
Size 12,180 SF
Lot size 1.82 Acres
Property subtype OFFICE
Listing Agency: Warren Norman Company
Listed By: James Hill
Source: Moodyscre
Added: May 13, 2025 Changed: Jul 10 Last Checked: Nov 1 at 3:44AM

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 Warren Norman Company

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The property is a former TD bank building located in Rock Hill, fronting Celanese Road. The building is well-constructed and features an expansive parking lot. The entire building is available, and there is an option to subdivide the space. The property has a size of 12180 square feet.

Key Highlights

  • Former TD bank building: High visibility and established location.
  • Fronting Celanese Road: Prime location with high traffic flow.
  • Expansive parking lot:** Ample parking for customers and employees.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$164,710
Cap Rate
3.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,294,200 $3.3M
Cap Rate 7%
$2,353,000 $2.4M
Cap Rate 9%
$1,830,111 $1.8M
Market Conditions
NOI Build-Up for 12,180 SF
Gross rent
$244.1K $20.04/SF
− Vacancy
−$8.8K −$0.72/SF
EGI
$235.3K $19.32/SF
− OpEx
−$70.6K −$5.80/SF
NOI
$164.7K $13.52/SF
Area
York County, SC
Vacancy
3.60%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,294,200
Cap Rate 7%
$2,353,000
Cap Rate 9%
$1,830,111

Alternative Uses

Best Use
Retail
$2.35M
$2.06M – $2.75M (±1% cap)
NOI $164,710 @ 7.0% cap · market cap 3.36%
Second Best
Specialty Retail
$2.34M
$2.05M – $2.73M (±1% cap)
NOI $163,844 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$2.86M
$2.51M – $3.34M (±1% cap)
NOI $200,498 @ 7.0% cap · market cap 4.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Banks

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

414
Businesses Nearby
107k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 36% Dining 32% Groceries 32%
Harris Teeter Groceries
33,901 visits/mo 0.3 miles
Hickory Tavern Dining
11,935 visits/mo 0.1 miles
BP Shops & Services
9,960 visits/mo 0.2 miles
Pet Supplies Plus Shops & Services
9,900 visits/mo 0.3 miles
Wendy's Dining
9,091 visits/mo 0.1 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Bank - Former bank building with subdivision potential and ample parking.
Where is this bank located?
The property is located at 2609 Celanese Rd Rock Hill, SC.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Former TD bank building: High visibility and established location.; Fronting Celanese Road: **Prime location with high traffic flow.**; Expansive parking lot:** Ample parking for customers and employees.
(804) 305-5022 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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