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    105 Boyce St Union, SC 29379

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    For Sale
    Contact for pricing

    Vacant Strip Center, High Traffic Area

    Property size:
    5,535 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This vacant 5,535 square foot retail center in Union, SC, presents a compelling value-add investment opportunity. Located on a 1.36-acre lot at 105 S Boyce St, this property boasts three 1,845 square foot units, offering flexibility for various retail concepts. The property benefits from a recently paved parking lot, pylon signage availability, and high visibility due to its proximity to Union Medical Center and less than half a mile from downtown Union. The site enjoys a daily traffic count of 3,630 vehicles and is surrounded by established retailers including Family Dollar, Walmart, Burger King, and Subway, ensuring a strong customer base. Built in 1974, this fee-simple property is zoned commercial and offers the potential for a drive-thru. The surrounding area's demographics are favorable, with a population exceeding 16,000 within a 5-mile radius and a median household income of $55,007. This property is ideal for investors seeking a high-traffic, well-located retail center with significant upside potential. The units can be leased individually or combined to accommodate a larger tenant. This is a rare opportunity to acquire a prime retail property in a thriving South Carolina market.

    Property Features for 105 Boyce St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    5,535 SF
    Lot Size
    59,242 SF

    Building Details

    Year Built
    1974
    Buildings
    1
    Units
    3

    HighLights

    • 105 S Boyce St, Union, SC 29379: Vacant, three‑unit retail center totaling 5,535 square feet on a 1.36‑acre lot.
    • Property is a value‑add investment opportunity, currently vacant, with fee simple ownership.
    • Building features include pylon signage and ample parking.
    • The property is located near major retailers (Family Dollar, Walmart, etc.) and Union Medical Center, with high daily traffic counts.
    • Each of the three units is 1,845 square feet and can be combined.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Union
    County
    Union
    State
    South Carolina
    Longitude
    -81.6294758
    Latitude
    34.711405

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    FAQs

    What type of property is this?
    Lifestyle center - Vacant Strip Center, High Traffic Area
    Where is this lifestyle center located?
    The property is located at 105 Boyce St Union, SC.
    What are key features of this property?
    This property features: 105 S Boyce St, Union, SC 29379: Vacant, three-unit retail center totaling 5,535 square feet on a 1.36-acre lot.; Property is a value-add investment opportunity, currently vacant, with fee simple ownership.; Building features include pylon signage and ample parking.
    Request Owner's contact information
    105 Boyce St Union, SC 29379
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    Union, SC 29379
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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
    105 Boyce St Union, SC 29379
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