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    2323 Wedgefield Rd Sumter, SC 29154

    For Sale
    $975,000

    3.71 Acres, High-Traffic Intersection

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 3.71-acre commercial land parcel presents a remarkable investment opportunity in Sumter, South Carolina. Strategically located at 2323 Wedgefield Road, the property boasts a prime position on a busy intersection within a high-performing submarket. Offering significant frontage on both Loring Mill Road and Wedgefield Road, the site provides excellent visibility and accessibility for a wide range of commercial ventures. The lot's dimensions include approximately 477 feet of frontage on Loring Mill Road and approximately 419 feet on Wedgefield Road, providing ample space for development. The property is zoned for Planned Development, allowing for flexibility in design and construction plans. This presents a unique chance to capitalize on the area's growth and establish a thriving business in a highly visible and convenient location. The asking price for this exceptional commercial land is $975,000. The property's address is 2323 Wedgefield Rd, Sumter, SC 29154. This is an ideal opportunity for developers and investors seeking a prominent location in a thriving South Carolina market. The property's location in Sumter County ensures easy access to local amenities and a strong workforce. Don't miss this chance to acquire a significant commercial land parcel in a high-demand area.

    Property Features for 2323 Wedgefield Rd

    General Information

    Property type
    Land
    Lot Size
    161,608 SF

    HighLights

    • $975,000 asking price.
    • 3.71‑acre commercial land parcel.
    • Planned Development zoning.
    • Located at 2323 Wedgefield Rd, Sumter, SC 29154.
    • High‑traffic intersection in a strong Sumter submarket.
    • Approximately 477 feet of frontage on Loring Mill Road and 419 feet on Wedgefield Road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Sumter
    County
    Sumter
    State
    South Carolina
    Longitude
    -80.3895158
    Latitude
    33.9147723

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    FAQs

    What type of property is this?
    Land - 3.71 Acres, High-Traffic Intersection
    Where is this land located?
    The property is located at 2323 Wedgefield Rd Sumter, SC.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: $975,000 asking price.; 3.71-acre commercial land parcel.; Planned Development zoning.
    Request Owner's contact information
    2323 Wedgefield Rd Sumter, SC 29154
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    Sumter, SC 29154
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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
    2323 Wedgefield Rd Sumter, SC 29154
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