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    2040 Wilson Rd Newberry, SC 29108

    For Sale
    $185,000

    2.34-acre commercial lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This ±2.34-acre commercial lot, located at 2040 Wilson Road, Newberry, SC 29108 (APN 342-4), presents a prime development opportunity. The property is zoned GC - General Commercial and boasts excellent visibility due to its location on Wilson Road (Highway 76). The lot measures approximately 155 feet of frontage on Wilson Road and extends approximately 690 feet deep, offering ample space for various commercial ventures. The property includes a dilapidated single-family home and a separate two-car garage, which are not factored into the asking price of $185,000 and will require removal. The existing structures are considered to have no value. Road frontage is available on both the front and rear of the parcel. This high-traffic location offers significant potential for businesses seeking high visibility. Note that additional adjacent land is available for purchase, totaling approximately 4.73 acres, should a larger development be desired. This property is an exceptional investment opportunity in a thriving South Carolina community.

    Property Features for 2040 Wilson Rd

    General Information

    Property type
    Land
    Lot Size
    101,930 SF

    HighLights

    • ±2.34‑acre lot with existing single‑family home requiring demolition.
    • Frontage on both front and rear of the parcel.
    • High‑visibility location on Wilson Road (Highway 76).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newberry
    County
    Newberry
    State
    South Carolina
    Longitude
    -81.607356586874
    Latitude
    34.295262508322

    Nearby Comparable

    • $375,000
      2.39 Acres

      Newberry Commercial Land - $375K

      ±2.39 Acres, High Visibility, GC Zoning
      2044 Wilson Rd, Newberry, SC 29108
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    • $185,000
      2 SF

      Commercial Land on Wilson Road

      2.34 AC commercial land with road frontage and high visibility.
      2040 Wilson Rd, Newberry, SC 29108
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    • $375,000
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      Commercial Land Parcel For Sale

      2.39 AC commercial land parcel with road frontage.
      2044 Wilson Rd, Newberry, SC 29108
      View Details
    • Contact for pricing
      3,790 SF

      Turnkey Restaurant on Corner Lot

      Fully renovated restaurant on a 0.98-acre corner lot.
      2064 Wilson Rd, Newberry, SC 29108
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    Nearby Similar for Sale

    • Contact for pricing
      3,790 SF

      Turnkey Restaurant on Corner Lot

      Fully renovated restaurant on a 0.98-acre corner lot.
      2064 Wilson Rd, Newberry, SC 29108
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    • $77,000
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      Newberry Commercial Building - $77K

      High-visibility corner lot, ready for your business.
      1101 Nance St, Newberry, SC 29108
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    • $2,995,000
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      Historic Newberry Estate: 12 Properties

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    • $425,000
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      Newberry Commercial Property - 3.49 Acres

      Prime Newberry location, large warehouse, high potential.
      625 Nance St, Newberry, SC 29108
      View Details

    FAQs

    What type of property is this?
    Land - 2.34-acre commercial lot, high visibility.
    Where is this land located?
    The property is located at 2040 Wilson Rd Newberry, SC.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: ±2.34-acre lot with existing single-family home requiring demolition.; Frontage on both front and rear of the parcel.; High-visibility location on Wilson Road (Highway 76).
    Request Owner's contact information
    2040 Wilson Rd Newberry, SC 29108
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    Newberry, SC 29108
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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
    2040 Wilson Rd Newberry, SC 29108
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