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    Pepper St Central, SC 29630

    For Sale
    $370,000

    11.67 Acres, Prime Location, Development Ready

    Property size:
    508,345 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 11.67-acre property in Central, South Carolina, presents a remarkable opportunity for multifamily development. Located less than a mile from Southern Wesleyan University and under ten minutes from Clemson University, this site enjoys a prime location within a thriving area. Currently zoned Rm16 for residential multifamily use, the property shows strong potential for rezoning to accommodate both multifamily and residential homesites, offering increased privacy while maintaining proximity to established towns and universities. The area boasts numerous amenities, including easy access to Liberty, Easley, and Pickens, all within a short driving distance. Pickens County offers approximately 130 manufacturing plants, providing a strong employment base. Recreational opportunities abound, with the expansive 56,000-acre Lake Hartwell nearby. For those seeking a vibrant nightlife, Greenville is a convenient 45-minute commute. The asking price is $370,000 for this 508,345 square foot parcel, offering a price per square foot of $0.73. This is a rare chance to acquire a significant land holding in a rapidly growing region with exceptional potential for substantial returns. Don't miss this opportunity to invest in a highly desirable location with strong future prospects.

    Property Features for 0 Pepper St

    General Information

    Property type
    Multifamily properties
    Square Feet
    508,345 SF
    Lot Size
    479,160 SF

    HighLights

    • 11.67‑acre multifamily development site in Central, SC.
    • Less than one mile from Southern Wesleyan University and under ten minutes from Clemson University.
    • Currently zoned Rm16 for residential multifamily use, with potential for rezoning.
    • 508,345 square foot parcel priced at $370,000 ($0.73/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Central
    County
    Pickens
    State
    South Carolina
    Longitude
    -82.77366
    Latitude
    34.72111

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    FAQs

    What type of property is this?
    Multifamily property - 11.67 Acres, Prime Location, Development Ready
    Where is this multifamily property located?
    The property is located at Pepper St Central, SC.
    What is the asking price?
    The asking price for this property is $370,000.
    What are key features of this property?
    This property features: 11.67-acre multifamily development site in Central, SC.; Less than one mile from Southern Wesleyan University and under ten minutes from Clemson University.; Currently zoned Rm16 for residential multifamily use, with potential for rezoning.
    Request Owner's contact information
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    Central, SC 29630
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    Realmo Value Estimation

    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.

    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.

    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
    Pepper St Central, SC 29630
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