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    Patriot Pkwy Sumter, SC 29154

    Sponsored
    For Sale
    $8,250,000

    33 Acres, Excellent Location, $8.25M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 33-acre commercial land parcel presents a significant investment opportunity in Sumter, South Carolina. Strategically located on Patriot Parkway (East), this property benefits from high visibility at a lighted intersection. The site is part of Sumter West, a thriving 720-acre planned development encompassing six residential subdivisions and a new recreational park, ensuring a robust and growing surrounding community. Its proximity to the proposed Patriot Centre, a retail development anchored by an upscale grocery store, further enhances its commercial potential. The property's size allows for flexibility in development, with both front and back lots available to accommodate diverse project needs. The asking price for this prime commercial land is $8,250,000. Detailed site plans and zoning information are available upon request. This is an unparalleled chance to acquire a substantial tract of land in a rapidly developing area with excellent access and visibility, making it ideal for a variety of commercial ventures. The property's location in Sumter County, South Carolina, zip code 29154, offers easy access to major transportation routes and amenities. This is a rare opportunity to secure a significant foothold in a burgeoning commercial market. Don't miss this chance to capitalize on the growth potential of this prime location.

    Property Features for 0 Patriot Pkwy

    General Information

    Property type
    Land
    Lot Size
    1,437,480 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sumter
    County
    Sumter
    State
    South Carolina
    Longitude
    -80.4604897
    Latitude
    33.9368178

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    FAQs

    What type of property is this?
    Land - 33 Acres, Excellent Location, $8.25M
    Where is this land located?
    The property is located at Patriot Pkwy Sumter, SC.
    What is the asking price?
    The asking price for this property is $8,250,000.
    Request Owner's contact information
    Patriot Pkwy Sumter, SC 29154
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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
    Patriot Pkwy Sumter, SC 29154
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