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    3491 Broad St Sumter, SC 29154

    For Sale
    $949,000

    Prime 2-acre commercial lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2.06-acre commercial land parcel presents a compelling investment opportunity in Sumter, South Carolina. Strategically located at the high-traffic intersection of Loring Mill Road and Broad Street, the property boasts unparalleled visibility and convenient access for any commercial venture. Its General Commercial/R15 zoning allows for a wide range of development possibilities. The site's prime location is further enhanced by its proximity to a thriving commercial area, including a newly constructed apartment complex (The Retreat), a bustling strip center, and major gas stations such as Raceway and Circle K. This location offers significant advantages, placing the property within a quarter-mile of these established businesses. Furthermore, its strategic position near Shaw Air Force Base and within 1.5 miles of eleven additional established or planned developments underscores its potential for future growth and substantial return on investment. The property's APN is 186-00-01-007, and the address is 3491 Broad St, Sumter, SC 29154. This is a rare opportunity to acquire a highly visible and well-situated commercial lot in a rapidly developing area. Don't miss this chance to secure a piece of Sumter's vibrant commercial landscape.

    Property Features for 3491 Broad St

    General Information

    Property type
    Land
    Lot Size
    89,734 SF

    HighLights

    • $949,000 asking price for 2.06 acres of commercial land.
    • Located at 3491 Broad St, Sumter, SC 29154 (APN 186‑00‑01‑007).
    • General Commercial/R15 zoning.
    • High visibility at the intersection of Loring Mill Road and Broad Street, near Shaw Air Force Base and numerous retail establishments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ATM Atm

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Sumter
    County
    Sumter
    State
    South Carolina
    Longitude
    -80.428174311715
    Latitude
    33.961883711638

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    FAQs

    What type of property is this?
    Land - Prime 2-acre commercial lot, high visibility.
    Where is this land located?
    The property is located at 3491 Broad St Sumter, SC.
    What is the asking price?
    The asking price for this property is $949,000.
    What are key features of this property?
    This property features: $949,000 asking price for 2.06 acres of commercial land.; Located at 3491 Broad St, Sumter, SC 29154 (APN 186-00-01-007).; General Commercial/R15 zoning.
    Request Owner's contact information
    3491 Broad St 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
    3491 Broad St Sumter, SC 29154
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