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    5053 Old York Rd Rock Hill, SC 29732

    Sponsored
    For Sale
    $1,595,000

    Prime Commercial Land, High Visibility, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 12.755-acre commercial land parcel presents a remarkable investment opportunity in Rock Hill, South Carolina. Located at 5053 Old York Road, this property boasts a highly desirable location at the intersection of Highway 161 and Highway 274, ensuring exceptional visibility and accessibility. The land is zoned for Limited Commercial use, offering a range of development possibilities. With over 1,300 linear feet of frontage on Highway 161, this site provides ample space for a variety of commercial ventures. The asking price is $1,595,000, translating to approximately $125,049 per acre. The property's strategic location offers significant advantages, situated within a half-mile radius of a Super Walmart and several other recently developed or developing commercial sites including Aldi's, Bojangles, Burger King, and an auto parts store. This proximity to established businesses and high traffic areas ensures strong potential for future growth and profitability. Utilities are readily available, simplifying the development process. The seller may consider subdividing the property, providing flexibility for potential buyers. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving area with excellent visibility and access. Don't miss this chance to capitalize on this prime location and build your next successful venture.

    Property Features for 5053 Old York Rd

    General Information

    Property type
    Land
    Lot Size
    555,608 SF

    HighLights

    • $1,595,000 asking price for 12.755 acres of commercial land.
    • Limited Commercial zoning.
    • 1,300+ feet of highway frontage on Hwy. 161.
    • Located at the intersection of Hwy. 161 & Hwy. 274, near major retailers.
    • Subdivision potential.
    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
    -81.0963243
    Latitude
    34.9856602

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High Visibility, Development Ready
    Where is this land located?
    The property is located at 5053 Old York Rd Rock Hill, SC.
    What is the asking price?
    The asking price for this property is $1,595,000.
    What are key features of this property?
    This property features: $1,595,000 asking price for 12.755 acres of commercial land.; Limited Commercial zoning.; 1,300+ feet of highway frontage on Hwy. 161.
    (803) 325-1000
    Request Owner's contact information
    5053 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
    5053 Old York Rd Rock Hill, SC 29732
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