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    4240 Old York Rd Rock Hill, SC 29732

    Sponsored
    For Sale
    $485,000

    Prime 3-acre development site in SC

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 3.189-acre commercial land parcel presents a compelling development opportunity in Rock Hill, South Carolina's burgeoning York County. Located at 4240 Old York Rd, 29732, this property boasts 317+ feet of road frontage on a high-traffic road (35,700 vehicles per day) and benefits from level topography, simplifying development. The site is strategically positioned across from the new Aspen Business Park, a 205-acre industrial park anticipated to generate over 2,000 new jobs. Its proximity to major retailers like Walmart, Aldi's, Bojangles, Burger King, and Ollie's further enhances its appeal. A preliminary soil evaluation has been completed, although a commercial septic system will be required. This location is experiencing remarkable growth, significantly outpacing both state and national averages. Within a 5-mile radius, population growth stands at 1.87% compared to 1.28% statewide and 0.72% nationally. Household growth mirrors this trend, with a 1.94% increase locally versus 1.30% statewide and 0.72% nationally. The property is zoned GC and has an asking price of $485,000 ($152,085/acre). The parcel's APN is 5440000021.

    Property Features for 4240 Old York Rd

    General Information

    Property type
    Land
    Lot Size
    138,913 SF

    HighLights

    • Strong demographics and exceptional area growth.
    • Level site.
    • High traffic counts (35,700 vehicles per day).
    • 317 feet of road frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    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
    -81.07053114396
    Latitude
    34.977801277422

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    FAQs

    What type of property is this?
    Land - Prime 3-acre development site in SC
    Where is this land located?
    The property is located at 4240 Old York Rd Rock Hill, SC.
    What is the asking price?
    The asking price for this property is $485,000.
    What are key features of this property?
    This property features: Strong demographics and exceptional area growth.; Level site.; High traffic counts (35,700 vehicles per day).
    Request Owner's contact information
    4240 Old York Rd Rock Hill, SC 29732
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    Rock Hill, SC 29732
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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
    4240 Old York Rd Rock Hill, SC 29732
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