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    1600 Alice Dr Sumter, SC 29153

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    For Sale
    Contact for pricing

    High-traffic commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 35.5-acre commercial land parcel presents a remarkable investment opportunity in Sumter, South Carolina. Strategically located at the corner of Alice Drive and Highway 521 (Camden Highway), this property enjoys unparalleled visibility and accessibility. The site is situated just north of Sumter's thriving retail corridor along Broad Street, a location anchored by major national retailers including Walmart Supercenter, Lowe's Home Improvement, and a diverse array of retail establishments such as Starbucks, Aspen Dental, Petco, Michaels, Five Guys, Verizon, TJ Maxx, Ulta, Five Below, and Chipotle. This prime location ensures high traffic volume and significant consumer exposure. The property's APN is 203-00-02-001 and is zoned for Limited Commercial use. With an impressive average annual daily traffic (AADT) count of 21,400 on Highway 521, 8,100 on Alice Drive, and 29,600 on Broad Street, this location guarantees substantial visibility and accessibility for any commercial venture. The expansive lot size offers ample space for a variety of development possibilities, making it an attractive proposition for businesses seeking a prominent presence in a rapidly growing market. This is a rare opportunity to acquire a significant commercial land parcel in a high-demand location with exceptional visibility and access to a robust consumer base. Don't miss this chance to secure your place in Sumter's thriving commercial landscape.

    Property Features for 1600 Alice Dr

    General Information

    Property type
    Land
    Lot Size
    1,546,380 SF

    HighLights

    • High traffic counts on Highway 521 (21,400 AADT).
    • Alice Drive boasts 8,100 AADT.
    • Excellent visibility and access with 29,600 AADT on Broad Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sumter
    County
    Sumter
    State
    South Carolina
    Longitude
    -80.388242
    Latitude
    33.9659613

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    FAQs

    What type of property is this?
    Land - High-traffic commercial land, ideal for development.
    Where is this land located?
    The property is located at 1600 Alice Dr Sumter, SC.
    What are key features of this property?
    This property features: High traffic counts on Highway 521 (21,400 AADT).; Alice Drive boasts 8,100 AADT.; Excellent visibility and access with 29,600 AADT on Broad Street.
    Request Owner's contact information
    1600 Alice Dr Sumter, SC 29153
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    Sumter, SC 29153
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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
    1600 Alice Dr Sumter, SC 29153
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