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    100 Monroe Hwy Lancaster, SC 29720

    Sponsored
    For Lease
    Contact for pricing

    Prime Lancaster retail/office, 2322 SF.

    Lot size:
    2,322 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional single-tenant retail/office property, located at 100 Monroe Highway (SC Hwy 200) in Lancaster, South Carolina, offers 2,322 square feet of versatile space. Built in 1977 and renovated in 2000, the building sits on a 1.06-acre lot and boasts 37 parking spaces. The property's convenient location at the highly trafficked intersection of US Hwy 521 and SC Hwy 9 Bypass provides excellent visibility and accessibility. Its strategic placement directly across from Lancaster Square, a well-known shopping center anchored by Belk, Food Lion, and Kimbrell's, ensures high foot traffic and brand recognition opportunities. The property is currently vacant, presenting a unique opportunity for immediate occupancy. The building is a single-story structure with no elevators. The zoning is designated as NCOM. The property's address is 100 Monroe Highway, Lancaster, SC 29720, with a cross street of North Main Street (US 521). The APN is 068H-0A-026.02. This property is ideal for a variety of retail or office uses and presents a compelling investment opportunity in a thriving Lancaster submarket.

    Property Features for 100 Monroe Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,322 SF

    Building Details

    Year Built/Renovated
    1977/2000
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    2,322 SF

    HighLights

    • Single‑story brick building with 2,322 square feet of retail/office space.
    • Located at 100 Monroe Highway (SC Hwy 200), Lancaster, SC, on a 1.06‑acre lot with 37 parking spaces.
    • High‑traffic location at US Hwy 521 and SC Hwy 9 Bypass, across from Lancaster Square shopping center.
    • Currently vacant, offering immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    South Carolina
    Longitude
    -80.775760267624
    Latitude
    34.733863509933

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    Nearby Similar for Lease

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      14,400 SF

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      181,542 SF

      1256 Highway 9 Byp

      Retail properties • 181,542 SF
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      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Lancaster retail/office, 2322 SF.
    Where is this retail property located?
    The property is located at 100 Monroe Hwy Lancaster, SC.
    What are key features of this property?
    This property features: Single-story brick building with 2,322 square feet of retail/office space.; Located at 100 Monroe Highway (SC Hwy 200), Lancaster, SC, on a 1.06-acre lot with 37 parking spaces.; High-traffic location at US Hwy 521 and SC Hwy 9 Bypass, across from Lancaster Square shopping center.
    Request Owner's contact information
    100 Monroe Hwy Lancaster, SC 29720
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    100 Monroe Hwy
    Lancaster, SC 29720
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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
    100 Monroe Hwy Lancaster, SC 29720
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