Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    502 Chinquapin Rd Travelers Rest, SC 29690

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $375,000

    10.53 acres near Cherokee Valley Golf Course with mountain views.

    Lot size:
    10.53 Acres

    Property Features for 502 Chinquapin Rd

    General Information

    Lot size
    10.53 Acres

    We can help!

    Listing Contact
    Tripp Taylor
    Source: Kw

    Listing Agent: Tripp Taylor

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

    Learn more

    Property Insight Report

    Overview

    Travelers Rest Acreage Near Golf

    Located at 502 Chinquapin Road in Travelers Rest, this 10.53-acre property is situated next to Cherokee Valley Golf Course. The land is suitable for a homesite with space to expand, featuring mature hardwoods and views of the Blue Ridge Mountains. The property is unzoned, offering flexibility in its use, whether for a primary residence, a second home, or land investment in a growing area. It provides paved road access, timber for privacy, and open ground with long-range mountain views. From the gate, Core 450 Restaurant inside Cherokee Valley is two minutes away, downtown Travelers Rest is eighteen minutes away, and Greenville, SC, and Hendersonville, NC, are within a half-hour. Spartanburg is less than an hour away. This tract combines location, views, and usable acreage, providing convenience to town while maintaining a private feel. The seller is a licensed SC agent.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Hotel & Motel HVAC Service Bed & Breakfast Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Travelers Rest
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.3854444
    Latitude
    35.0807705

    Nearby Similar for Sale

    • New
      $890,000
      2.61 Acres

      Furnished Homes in Travelers Rest

      Four fully furnished homes with STR business included in sale.
      84/86 Benson Rd, Travelers Rest, SC 29690
      View Details
    • New
      $890,000
      2.61 Acres

      Furnished Homes in Travelers Rest

      Four fully furnished homes with updated interiors and exteriors.
      84 Benson Rd, Travelers Rest, SC 29690
      View Details
    • Contact for pricing
      2,500 SF

      New Commercial Unit For Lease

      New commercial unit for lease with versatile space and prime location.
      1 Brookside Unit 2 Dr, Travelers Rest, SC 29690
      View Details
    • Contact for pricing
      1.71 Acres

      Travelers Rest Multi-Use Property

      Mixed-use property for sale in Travelers Rest, South Carolina.
      1 Brookside Dr, Travelers Rest, SC 29690
      View Details
    • Contact for pricing
      2,500 SF

      New Commercial Unit For Lease

      Brand new commercial unit available for lease in Travelers Rest.
      1 Brookside Dr, Travelers Rest, SC 20690
      View Details
    • Contact for pricing
      5,000 SF

      New Commercial Unit For Lease

      Brand new commercial unit available for lease in Travelers Rest.
      1 Brookside Unit 3 Dr, Travelers Rest, SC 29690
      View Details
    • Contact for pricing
      10,960 SF

      Travelers Rest Retail Development Site

      Class A retail space with highway visibility in Travelers Rest, SC.
      571 Roe Center Ct, Travelers Rest, SC 29690
      View Details

    FAQs

    What type of property is this?
    Land - 10.53 acres near Cherokee Valley Golf Course with mountain views.
    Where is this land located?
    The property is located at 502 Chinquapin Rd Travelers Rest, SC.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - 10.53 acres of unzoned land offering flexibility for various uses.; - Enjoy **Blue Ridge Mountain views and mature hardwoods** providing a private and scenic setting.; - Located next door to Cherokee Valley Golf Course.
    Request Owner's contact information
    502 Chinquapin Rd Travelers Rest, SC 29690
    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.
    502 Chinquapin Rd
    Travelers Rest, SC 29690
    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
    502 Chinquapin Rd Travelers Rest, SC 29690
    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

    We can help!
    Listing Contact
    Tripp Taylor
    Learn more
    Google sign-in failed. Please try again or use another login method.