000 Village Dr Chester, SC 29706
- Commercial real estate
- 10.83 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 000 Village Dr
- Year built
- 2024
- Lot size
- 10.83 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chester
- County
- Chester
- State
- South Carolina
- Longitude
- -81.1926
- Latitude
- 34.7183
