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    4870 Charlotte Hwy Lancaster, SC 29720

    Sponsored
    For Sale
    $450,000

    2.36-acre commercial lot, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.36-acre commercial land parcel presents a unique investment opportunity in Lancaster County, South Carolina. Located at 4870 Charlotte Highway, this property boasts a highly desirable location at the corner of US Highway 521 and Deerfield Road, benefiting from significant daily traffic volume. US Highway 521 sees approximately 11,800 vehicles per day, providing exceptional visibility and accessibility for any commercial venture. The property's APN is 0026-00-057.01 and is zoned RN (Rural Neighborhood), offering flexibility for a range of development possibilities. The expansive lot size of approximately 102,801 square feet provides ample space for various commercial uses. This prime location in Lancaster, SC (zip code 29720), offers easy access to major transportation routes and a growing community. The asking price for this exceptional property is $450,000. Serious inquiries are encouraged to explore the potential of this strategically positioned commercial land. Don't miss this chance to acquire a valuable asset in a thriving market. The coordinates are 34.8530334 latitude and -80.8079261 longitude.

    Property Features for 4870 Charlotte Hwy

    General Information

    Property type
    Land
    Lot Size
    102,802 SF

    HighLights

    • High‑traffic location on US Hwy 521, with 11,800 vehicles per day.
    • Building size: Approximately 102,801 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Spa & Massage Food Market Storage Facility Garden Center Daycare Center Catering Service Farmer's Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    South Carolina
    Longitude
    -80.8079261
    Latitude
    34.8530334

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    FAQs

    What type of property is this?
    Land - 2.36-acre commercial lot, high traffic area.
    Where is this land located?
    The property is located at 4870 Charlotte Hwy Lancaster, SC.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: High-traffic location on US Hwy 521, with 11,800 vehicles per day.; Building size: Approximately 102,801 square feet.;
    Request Owner's contact information
    4870 Charlotte Hwy Lancaster, SC 29720
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    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
    4870 Charlotte Hwy Lancaster, SC 29720
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