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    Lancaster Hwy Richburg, SC 29729

    For Sale
    $1,200,000

    21 Acres, Prime Commercial Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 21-acre commercial land parcel presents a rare development opportunity in rapidly growing Chester County, South Carolina. Boasting approximately 1100 feet of frontage and a median cut on the four-lane Lancaster Highway (SC 9), this property enjoys high visibility near a lighted intersection with Lewisville High School and Old Richburg Road. Its strategic location offers easy access to I-77 (Exits 62 and 65), within 2.5 and 1.5 miles respectively. A new 2023 plat (not yet recorded) designates Commercial and Development zoning within Richburg Town Limits, eliminating town taxes. The property benefits from the presence of L&C Railway tracks along its southern boundary and a sewer line easement in the northwest corner. The gently sloping terrain provides ample usable land, ideal for various commercial ventures. This prime location is further enhanced by the proximity to three planned subdivisions (1,227 single-family homes, 200 townhomes, and 240 multi-family units) all within a 5-mile radius (as of 5/20/2024), alongside multiple ongoing industrial projects. All utilities are readily available. The asking price of $1,200,000 is firm for the entire property, although the owner may consider subdividing or selling outparcels. Serious inquiries only

    Property Features for 0 Lancaster Hwy

    General Information

    Property type
    Land
    Lot Size
    914,760 SF

    HighLights

    • ±21‑acre parcel with ±1,100 feet of frontage on a four‑lane highway (SC 9/Lancaster Hwy), near a lighted intersection.
    • Less than 2.5 miles from I‑77 (Exit 65) and less than 1.5 miles from I‑77 (Exit 62) in Chester County, SC.
    • Newly platted in 2023 (unrecorded), located within Richburg town limits (no town taxes), with Commercial/Development zoning.
    • L&C Railway access along the southern boundary; sewer easement at the northwest corner.
    • Gently sloping, usable land; surrounded by significant residential and industrial development (three subdivisions totaling over 1,600 units under construction within a 5‑mile radius).
    • All utilities available; prime for commercial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Richburg
    County
    Chester
    State
    South Carolina
    Longitude
    -81.013845043756
    Latitude
    34.720304318351

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 21 Acres, Prime Commercial Development
    Where is this land located?
    The property is located at Lancaster Hwy Richburg, SC.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: ±21-acre parcel with ±1,100 feet of frontage on a four-lane highway (SC 9/Lancaster Hwy), near a lighted intersection.; Less than 2.5 miles from I-77 (Exit 65) and less than 1.5 miles from I-77 (Exit 62) in Chester County, SC.; Newly platted in 2023 (unrecorded), located within Richburg town limits (no town taxes), with Commercial/Development zoning.
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    Richburg, SC 29729
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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
    Lancaster Hwy Richburg, SC 29729
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