Cheraw Investment Opportunity For
For Sale
$699,500
908 Chesterfield Highway, Cheraw, SC 29520
SINGLE_FAMILY - Cheraw, SC
Property SizeContact for details
Lot Size2.47 Acres
Days on Market188
Property Features for 908 Chesterfield Highway
General Information
Property type
Residential
Property subtype
Retail
Zoning description
Com
Parking
65
Parking features
Parking Lot
Directions
Per GPS
Standard status
Active
APN
258-013-001-003
Lot size
2.47 Acres
Taxes and HOA fees
Tax Description
PART OF WINDSOR PARK SHOPPING
Legal Description
PART OF WINDSOR PARK SHOPPING
Building Details
Year built
1970
Listing Agency:
Keller Williams Select · Keller Williams Realty
(704) 684-1000
Listed By:
Jay Ross · License #81033
(704) 400-4019
Added: Feb 5
Changed: May 19
Last Checked: Aug 12 at 2:06AM
MLS# 4343770
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This investment property, located in Cheraw, SC, presents an opportunity with a current cap rate of around 7.6%, offering steady income with potential for increased returns. The property has a lot size of 2.47 acres. All current rents have remained stable for years with room to increase, providing a reliable income stream. Recent improvements include the installation of a new 10-ton heat pump on Razel Rentals, a new heat pump on County Kitchen, resealing the roof, and a new heat pump on Molisa Nails and Studio. The front canopy is in the process of being painted, and parking lot lights are being replaced.
Key Highlights
- High current cap rate of approximately 7.6% indicating strong income potential.
- Stable rental income history with potential for rent increases.
- Recent improvements including new heat pumps for multiple tenants.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
95k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 46%
Shops & Services 34%
Dining 14%
Apparel 5%
Walmart
Superstores
43,306 visits/mo
0.2 miles
Murphy USA
Shops & Services
10,633 visits/mo
0.1 miles
Dollar Tree
Shops & Services
8,614 visits/mo
0.2 miles
Burger King
Dining
7,145 visits/mo
0.2 miles
Taco Bell
Dining
6,360 visits/mo
0.1 miles
Demographics for 29520, SC
13,046
Population
6,554
Households
2
Avg Household Size
45
Median Age
16%
College-Educated
85%
High-School Grad
131.9 sq mi
ZIP Area
99
Density / Sq Mi
$41,786
Median Household Income
$35,153
Median Earnings
$805
Median Rent
$98,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Strip mall - Investment property with steady income and potential for increased returns.
Where is this strip mall located?
The property is located at 908 Chesterfield Highway Cheraw, SC.
What is the asking price?
The asking price for this property is $699,500.
What are key features of this property?
This property features: High current cap rate of approximately 7.6% indicating strong income potential.; Stable rental income history with potential for rent increases.; Recent improvements including new heat pumps for multiple tenants.
