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    2900 Main St Newberry, SC 29108

    For Sale
    $1,100,000

    Prime 10-acre development site, adjacent to Walmart.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 10-acre commercial land parcel presents a remarkable opportunity for development in Newberry, South Carolina. Situated at 2900 Main Street, this property boasts a highly desirable location directly adjacent to a Walmart Supercenter, ensuring high visibility and significant foot traffic. The site's zoning is designated as Commercial, making it ideally suited for a variety of retail uses, particularly grocery stores or other retail establishments. The property's size and strategic placement within a busy retail corridor on Main Street offer unparalleled potential for substantial returns. With its convenient access and proximity to a major retailer, this location is poised for immediate success. The asking price for this prime development site is $1,100,000. The tax parcel identification number (portion) is 397-29. This ±10-acre tract presents a rare chance to acquire a highly sought-after commercial property in a thriving South Carolina market. Serious inquiries are encouraged. The property is located in Newberry County, South Carolina, zip code 29108.

    Property Features for 2900 Main St

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • ±10 acres of commercial land available.
    • Main Street location in Newberry, high‑traffic retail area.
    • Excellent site for grocery or retail development.
    • Partial Tax ID: 397‑29.
    • Commercially zoned.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wendy's Fast Food Restaurant

    Suggested Use

    Realty agency Restaurant 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
    Newberry
    County
    Newberry
    State
    South Carolina
    Longitude
    -81.590381602138
    Latitude
    34.282586984646

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    FAQs

    What type of property is this?
    Land - Prime 10-acre development site, adjacent to Walmart.
    Where is this land located?
    The property is located at 2900 Main St Newberry, SC.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: ±10 acres of commercial land available.; Main Street location in Newberry, high-traffic retail area.; Excellent site for grocery or retail development.
    (803) 401-4233
    Request Owner's contact information
    2900 Main St 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
    2900 Main St Newberry, SC 29108
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