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    224 Fort Mill Hwy Fort Mill, SC 29707

    Sponsored
    For Sale
    $1,250,000

    Prime 1.8-acre commercial lot in Fort Mill, SC

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.8-acre commercial land parcel, located at 224 Fort Mill Highway in Fort Mill, South Carolina, presents a unique investment opportunity. Zoned GB (General Business), this property boasts over 100 feet of road frontage and offers significant potential for development. The asking price is $1,250,000. The property's advantageous location is directly across from a Lowe's and near Highway 521, placing it within a thriving commercial corridor. Furthermore, its proximity to the Capital Club 313 Apartments ensures high visibility and accessibility. The parcel's location within Indian Land, SC, a rapidly expanding area, contributes to its strong investment potential. Within a 5-mile radius, the daytime population exceeds 90,927, and the average household income surpasses $115,628, indicating a robust and affluent market. The property's APN is 0008-00-003.00. Note that this 1.8-acre lot can be combined with an adjacent 1.8-acre parcel (APN 0008-00-004.00) to create a larger 3.6-acre development site, offering even greater flexibility and potential. The combined parcels would offer approximately 208 feet by 783 feet of buildable space. This property is situated in Lancaster County, South Carolina, with a zip code of 29707.

    Property Features for 224 Fort Mill Hwy

    General Information

    Property type
    Land
    Lot Size
    78,408 SF

    HighLights

    • $1,250,000 asking price for 1.8 acres of commercial land.
    • Property located at 224 Fort Mill Hwy, Fort Mill, SC 29707 (APN: 0008‑00‑003.00).
    • GB zoning.
    • Potential to combine with adjacent 1.8‑acre parcel for a total of 3.6+ acres.
    • High‑traffic location near Hwy 521, across from Lowe's, and in front of Capital Club 313 Apartments.
    • Located in Indian Land, SC, a rapidly growing area.
    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 Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Mill
    County
    Lancaster
    State
    South Carolina
    Longitude
    -80.860884532276
    Latitude
    35.001222493

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    FAQs

    What type of property is this?
    Land - Prime 1.8-acre commercial lot in Fort Mill, SC
    Where is this land located?
    The property is located at 224 Fort Mill Hwy Fort Mill, SC.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: $1,250,000 asking price for 1.8 acres of commercial land.; Property located at 224 Fort Mill Hwy, Fort Mill, SC 29707 (APN: 0008-00-003.00).; GB zoning.
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    Fort Mill, SC 29707
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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
    224 Fort Mill Hwy Fort Mill, SC 29707
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