Property profile

34 11.82 Acres - Hwy Ridgeway, SC 29130

OFF-MARKET
Land
11.82 ac lot
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Property summary

AI-generated overview

This exceptional 11.82-acre commercial land parcel is strategically located on the northeast quadrant of Highway 34's Exit 34 interchange in Ridgeway, South Carolina, zip code 29130. Boasting a highly desirable B-2 (General Business District) zoning, this property offers a wide array of development possibilities for various commercial ventures. Highway 34 serves as the primary corridor to Ridgeway and Winnsboro, ensuring high visibility and accessibility. 2022 traffic counts estimate 47,500 vehicles daily passing this location, providing excellent exposure for any business. The property's central South Carolina location offers logistical advantages, with convenient access to I-77, facilitating statewide and beyond distribution networks. The area features existing manufacturing facilities and industrial parks, further enhancing its appeal. The proximity to the future I-77 International Mega Site, a large-scale OEM facility projected to create thousands of jobs, presents significant long-term growth potential. This corner lot offers unparalleled visibility, especially for northbound traffic, and promises exceptional returns on investment. The asking price is $2,955,000, with a land value of $250,000 per acre. This is a rare opportunity to acquire a prime commercial property in a rapidly developing area.

Property profile

Verified
Property type Land
Lot 11.82 ac (514,879 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

34 11.82 Acres - Hwy Ridgeway, SC 29130
Ridgeway metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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