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    1099 State Rd Chesnee, SC 29323

    For Sale
    $2,450,000

    Prime Residential Land - 99 Acres, Cherokee County.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 99-acre property presents a unique opportunity for residential development in desirable Chesnee, South Carolina. Located at 1099 State Rd S-11-146, Cherokee County, this fee simple land boasts a substantial lot size, ideal for a variety of residential projects. The property is zoned for residential use, offering flexibility for various development plans. With water lines conveniently located along all road frontage, infrastructure is readily available, simplifying the development process and reducing initial costs. The asking price is $2,450,000, translating to a price per acre of $25,000. This represents a compelling value for a large tract of land in this sought-after location. The property's expansive size and strategic location in Chesnee, SC, zip code 29323, make it an attractive investment for developers seeking to capitalize on the growing residential market in the area. The coordinates are 35.1506933 latitude and -81.8482165 longitude. Serious inquiries are encouraged.

    Property Features for 1099 State Rd

    General Information

    Property type
    Land
    Lot Size
    4,312,440 SF

    HighLights

    • $2,450,000 asking price for 99 acres of residential land.
    • Located in Chesnee, Cherokee County, South Carolina, at 1099 State Rd S‑11‑146, zip code 29323.
    • Residential zoning permits.
    • 99‑acre lot size with a land value of $25,000 per acre.
    • Fee simple ownership.
    • Water lines available on all road frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Chesnee
    County
    Cherokee
    State
    South Carolina
    Longitude
    -81.8482165
    Latitude
    35.1506933

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    FAQs

    What type of property is this?
    Land - Prime Residential Land - 99 Acres, Cherokee County.
    Where is this land located?
    The property is located at 1099 State Rd Chesnee, SC.
    What is the asking price?
    The asking price for this property is $2,450,000.
    What are key features of this property?
    This property features: $2,450,000 asking price for 99 acres of residential land.; Located in Chesnee, Cherokee County, South Carolina, at 1099 State Rd S-11-146, zip code 29323.; Residential zoning permits.
    Request Owner's contact information
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    Chesnee, SC 29323
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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
    1099 State Rd Chesnee, SC 29323
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