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

    4127 Celanese Rd, Rock Hill, SC 29732

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Hard corner land for redevelopment at signalized intersection.

    Type:Land
    Added:
    Oct 2, 2020
    Days on Market:
    2073
    Last Refresh:
    May 19 at 8:29 pm

    Property Features for 4127 Celanese Rd

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Rich Lane

    Listing agent Rich Lane License #WV 0017924

    Listing office Petroplus Lane, LLC

    Listing date Oct 2, 2020

    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 Petroplus Lane, LLC

    HighLights

    • Hard corner location at a signalized intersection (Celanese Rd & Museum Road/International Dr extension).
    • Redevelopment opportunity at the entrance to the new Aspen Park master‑planned business park.
    • High traffic counts: Over 40,000 cars per day on Celanese Rd.
    • Eligible for Abandoned Building Tax Credit up to $750k.
    • Located across from Ollies Plaza.
    • Anticipated new traffic patterns connecting Heckle Blvd and Celanese Rd via Museum Road.

    Overview

    This property presents a redevelopment opportunity at a hard corner location, situated at a signalized intersection of Celanese Rd and Museum Road/International Dr extension. It is located at the entrance to the new master-planned Aspen Park business park. Traffic counts exceed 40,000 cars per day on Celanese Rd. The property is across from Ollies Plaza. New north/side traffic patterns are expected once Museum Road connects two major arterials, Heckle Blvd and Celanese Rd. The property is Abandoned Building Tax Credit Eligible up to $750,000. The Aspen Business Park is expected to bring 2,000 new jobs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

    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
    -81.0657612
    Latitude
    34.9776223

    Nearby Similar for Sale

    • $1,200,000
      6,888 SF

      Versatile Commercial Property in Rock Hill

      Adaptable commercial space suitable for diverse business ventures.
      130 Elizabeth Lane N, Rock Hill, SC 29730
      View Details
    • $1,100,000

      Commercial Land with 200-Foot Frontage

      More than an acre in Rock Hill Opportunity Zone with 200 feet of road frontage and multiple lots plus existing buildings.
      218 Adams Street, Rock Hill, SC 29730
      View Details
    • $750,000

      Commercial Lot Near Interstate 77

      Unimproved commercial lot with high traffic and development potential.
      1405 Saluda Street, Rock Hill, SC 29730
      View Details
    • $1,000,000
      10,479 SF

      Versatile Commercial Property in Rock Hill

      10,479 SF commercial property suitable for various uses.
      166 Dotson Street, Rock Hill, SC 29732
      View Details
    • $499,000
      4,900 SF

      Downtown Rock Hill Retail/Office Building

      4,900 SF building suitable for retail or office use.
      251 E. White Street | Rock Hill, SC 29730
      View Details
    • $305,000
      3,633 SF

      Oakland Avenue Office Conversion Opportunity

      Historic 3,633 SF office building near Winthrop University and Downtown.
      320 Oakland Avenue, Rock Hill, SC 29730
      View Details
    • $1,100,000
      8,500 SF

      Rock Hill Retail Investment Opportunity

      Two leased commercial/retail buildings near Winthrop University in Rock Hill.
      1013 & 1017 Oakland Ave, Rock Hill, SC 29732
      View Details
    • $1,200,000

      Prime Commercial Land Opportunity

      4 acres in Newport location with commercial potential.
      5185 Green meadow Drive, Rock Hill, SC 29732
      View Details
    • $1,100,000
      8,500 SF

      Rock Hill Retail Investment Opportunity

      Two leased commercial buildings near Winthrop University in Rock Hill.
      1013 Oakland Ave, Rock Hill, SC
      View Details
    • $375,000

      5 Acres Wooded Land Available

      Private wooded land near city amenities, no HOA, endless possibilities.
      Miller Pond Road, Rock Hill, SC 29732
      View Details
    • $899,000

      Prime Corner Lot in Rock Hill

      High-visibility 1-acre lot suitable for retail, office, or multifamily development.
      202, 206 & 214 W. Main St. | Rock Hill, SC 29730
      View Details
    • $2,750,000
      21,548 SF

      Retail/Flex Building on Corner Site

      21,548 SF retail/flex building on 1.73 acre corner site.
      247 Hands Mill Hwy, Rock Hill, SC 29732
      View Details

    FAQs

    What type of property is this?
    Commercial land - Hard corner land for redevelopment at signalized intersection.
    Where is this commercial land located?
    The property is located at 4127 Celanese Rd Rock Hill, SC.
    What are key features of this property?
    This property features: Hard corner location at a signalized intersection (Celanese Rd & Museum Road/International Dr extension).; Redevelopment opportunity at the entrance to the new Aspen Park master‑planned business park.; High traffic counts: Over 40,000 cars per day on Celanese Rd.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Rich Lane
    Real Estate License ID: WV 0017924
    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
    4127 Celanese Rd, Rock Hill, SC 29732
    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!