000 Village Dr Chester, SC 29706
This exceptional investment opportunity presents four commercial outparcels totaling 10.83 acres, strategically located at the intersection of Highway 72 Bypass North and Village Drive in Chester, South Carolina. The property boasts an impressive 700 feet of frontage along Highway 72 Bypass North, ensuring high visibility and accessibility for any commercial venture. This prime location benefits from its proximity to schools, making it an attractive site for businesses catering to families. The property is further enhanced by the presence of an approved single-family and multi-family residential development adjacent to the site. A national builder has already secured a contract for the single-family development, indicating strong future growth in the area. The outparcels are individually priced as follows: Lot 1A (1.17 acres) at $299,000 per acre, Lot 1B (1.21 acres) at $199,000 per acre, and Lot 2 (8.46 acres) at $149,000 per acre. The total asking price for all four lots is $1,850,000. Development setbacks are clearly defined: 30 feet from the road, 10 feet from interior lot lines, and 10 feet from the railroad. This presents a unique opportunity to capitalize on the burgeoning residential growth and establish a thriving commercial presence in a rapidly developing area. The combination of high visibility, convenient location, and strong surrounding development makes this a compelling investment prospect.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.