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    980-984 Pike Sumter, SC 29150

    For Sale
    $119,000

    1.3 Acres, Zoned Commercial

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.3-acre vacant land parcel presents a remarkable opportunity for commercial development in Sumter, South Carolina. Strategically located on South Pike West (980-984), this property boasts convenient access to Highway 378/76, a major thoroughfare with a high average annual daily traffic count of 4,500 vehicles in 2007. The site is situated in a rapidly growing area of Sumter, making it an ideal location for a variety of commercial ventures. The property is comprised of two contiguous lots: Parcel A (984 South Pike West) encompassing 0.71 acres, and Parcel B (980 South Pike West) measuring 0.59 acres. This combined acreage offers significant flexibility for development plans. The land is zoned for general commercial use, opening doors to a wide range of possibilities, from retail establishments and restaurants to office spaces and light industrial facilities. Its prime location and zoning make this a highly attractive investment opportunity with significant potential for future growth and return. The asking price for this exceptional property is $119,000. This is a rare chance to acquire a substantial commercial land parcel in a thriving South Carolina market. Don't miss out on this opportunity to secure a foothold in a dynamic and expanding commercial area. The property is located in Sumter County, South Carolina, with a zip code of 29150.

    Property Features for 980-984 Pike

    General Information

    Property type
    Land
    Lot Size
    56,628 SF

    HighLights

    • 1.3‑acre vacant commercial land parcel in Sumter, SC, priced at $119,000.
    • Located on South Pike West (980‑984) with convenient access to Highway 378/76.
    • Comprises two contiguous lots totaling 1.3 acres, zoned for general commercial use.
    • Situated in a rapidly growing area of Sumter County, SC (zip code 29150).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair 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
    -80.373777
    Latitude
    33.955347

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    FAQs

    What type of property is this?
    Land - 1.3 Acres, Zoned Commercial
    Where is this land located?
    The property is located at 980-984 Pike Sumter, SC.
    What is the asking price?
    The asking price for this property is $119,000.
    What are key features of this property?
    This property features: 1.3-acre vacant commercial land parcel in Sumter, SC, priced at $119,000.; Located on South Pike West (980-984) with convenient access to Highway 378/76.; Comprises two contiguous lots totaling 1.3 acres, zoned for general commercial use.
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    980-984 Pike Sumter, SC 29150
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    Sumter, SC 29150
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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
    980-984 Pike Sumter, SC 29150
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