Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Urban Development Land Parcel Title is generated by Realmo AI

    945 Porter Rd, Rock Hill, SC 29730

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    1.84 acre urban development land for rent.

    Type:Land
    Lot size:
    1.84 Acres
    Added:
    Jul 31, 2023
    Days on Market:
    1039
    Last Refresh:
    May 12 at 9:35 pm

    Property Features for 945 Porter Rd

    General Information

    Standard status
    Active
    Lot size
    1.84 Acres
    Property subtype
    Land

    Spaces For Lease

    at 945 Porter Rd Contact us

    We can help!

    Listing Contact
    Tracy Efird
    Tracy Efird

    Listing agent Tracy Efird License #NC 250713

    Listing office The Nichols Company

    Listing date Jul 31, 2023

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of The Nichols Company

    HighLights

    • Prime 1.84‑acre urban development land.
    • Located directly off I‑77 on Porter Rd.
    • Unparalleled access and visibility.
    • Strategic location for urban development projects.
    • Easy connectivity to neighboring cities and metropolitan areas.
    • Ideal for developers, investors, and visionaries.

    Overview

    This 1.84-acre parcel of land is positioned directly off I-77 on Porter Rd, presenting an opportunity for urban development. The location offers access and visibility, making it suitable for a range of urban development projects. Its proximity to a major highway ensures connectivity to neighboring cities and metropolitan areas.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Rock Hill
    County
    York
    State
    South Carolina
    Longitude
    -80.995701
    Latitude
    34.894958

    Nearby Similar for Lease

    • $6,250/Mo
      5,000 SF

      Office/Warehouse Flex Space

      Functional flex office and showroom with warehouse space, minutes from downtown and close to Charlotte Metro.
      4990 Old York Road, Rock Hill, SC 29732
      View Details
    • Sponsored
      $129-$8,184/Mo
      11-1,292 SF

      Fountian Park

      331 Main St, Unit 200, Rock Hill, SC 29730
      View Details
    • $40 SF/Yr
      4,000 SF

      Freestanding Retail Building with Drive-Thru

      Freestanding retail building on a signalized hard corner with drive-thru potential and strong visibility along a high-traffic corridor.
      1739 Cherry Road, Rock Hill, SC 29732
      View Details
    • $3,600/Mo
      3,456 SF

      Renovated Office Suites in Rock Hill

      Recently renovated office suites available near Winthrop University and Downtown.
      156 Oakland Avenue, Rock Hill, SC 29730
      View Details
    • $6,300/Mo
      4,706 SF

      Historic Downtown Office Space Available

      Downtown historic building, former library and post office, 4,700 SF available.
      325 S Oakland Ave Suite 102, Rock Hill, SC 29730
      View Details
    • $200 SF/Yr
      12,460 SF

      Rock Hill Coworking Space Available

      Flexible coworking and dedicated desk space in vibrant Knowledge Park.
      116 E Main St, Suite 201, Rock Hill, SC 29730
      View Details
    • $19 SF/Yr
      1,919 SF

      Rock Hill Office Suite Available

      Professional office suite with reception, offices, conference room, and breakroom.
      1674 Cranium Dr, Suite 102, Rock Hill, SC 29732
      View Details
    • $18 SF/Yr
      2,100 SF

      Rock Hill Medical/Office Suites

      Medical/office suites in established Rock Hill medical complex for rent.
      420 S Herlong Ave, Rock Hill, SC 29732
      View Details
    • $18 SF/Yr
      2,598 SF

      Medical/Office Space in Rock Hill

      Established medical complex with adaptable suites near key locations.
      410 S Herlong Ave, Rock Hill, SC 29732
      View Details
    • $16 SF/Yr

      Rock Hill Flex Space Warehouse

      Versatile, customizable, climate-controlled flex space and warehouse units available for rent.
      2150 Cherry Road, Rock Hill, SC 29732
      View Details
    • $24 SF/Yr
      1,500 SF

      Professional Office Building For Sale

      1,500 SF office building in high-visibility Rock Hill corridor.
      362 Oakland Ave, Rock Hill, SC 29730
      View Details
    • $24 SF/Yr
      8,328 SF

      High Visibility Office Space Available

      3,500 SF office space in Rock Hill, SC.
      197 South Herlong Avenue, Rock Hill, SC 29732
      View Details

    FAQs

    What type of property is this?
    Land - 1.84 acre urban development land for rent.
    Where is this land located?
    The property is located at 945 Porter Rd Rock Hill, SC.
    What are key features of this property?
    This property features: Prime 1.84‑acre urban development land.; Located directly off I‑77 on Porter Rd.; Unparalleled access and visibility.
    (704) 373-9797 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Tracy Efird
    Tracy Efird
    Real Estate License ID: NC 250713
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    945 Porter Rd, Rock Hill, SC 29730
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!