Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Rebound Rd & Charlotte Hwy Lancaster, SC 29720
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Rebound Rd & Charlotte Hwy Lancaster, SC 29720

    View on Map
    • Land
    • 11.26 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Rebound Rd & Charlotte Hwy

    Lot size
    11.26 lot acres
    Property type
    Land

    Description

    This exceptional 11.26-acre commercial land parcel presents a unique investment opportunity in Lancaster County, South Carolina. Strategically located at the intersection of E Rebound Road and Charlotte Highway (US 521), this property boasts significant frontage: 658 feet on Charlotte Highway and 660 feet on E Rebound Road. The high-traffic location sees approximately 11,500 vehicles daily on Charlotte Highway, ensuring excellent visibility and accessibility for any commercial venture. The property is divided into two parcels, each with its own zoning designation: The Charlotte Highway parcel is zoned GB (General Business), while the E Rebound Road parcel is zoned NB (General Business). Utilities are readily available, including Duke Energy, Lancaster County Water, and Lancaster County Natural Gas. Sewer access is available at the adjacent health campus, which employs 150 people. This area has experienced remarkable growth, with a 43% population increase over the last decade, resulting in a current population of 113,373 within a ten-mile radius. The property's proximity to Van Wyck Elementary School (approximately 0.7 miles north) and Indian Land High School (approximately 2.7 miles south) further enhances its appeal. This prime location offers unparalleled potential for a wide range of commercial developments. The property's size, zoning, and location combine to create an exceptional opportunity for investors seeking high-growth potential in a thriving community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    South Carolina
    Longitude
    -80.8047
    Latitude
    34.8652

    Comparable in this City

    • Value Estimation by Request
      15.55 Acres

      2383 Charlotte Hwy

      Land • 15.55 Acres
      2383 Charlotte Hwy, Lancaster, SC 29720
      View Details
    • Value Estimation by Request
      45.00 Acres

      3080 Charlotte Hwy

      Land • 45.00 Acres
      3080 Charlotte Hwy, Lancaster, SC 29720
      View Details
    • Value Estimation by Request
      3.04 Acres

      217 Knollwood Apartments Dr

      Land • 3.04 Acres
      217 Knollwood Apartments Dr, Lancaster, SC 29720
      View Details
    • Value Estimation by Request
      2.36 Acres

      4870 Charlotte Hwy

      Land • 2.36 Acres
      4870 Charlotte Hwy, Lancaster, SC 29720
      View Details
    • Value Estimation by Request
      10.00 Acres

      3766 Charlotte Hwy

      Land • 10.00 Acres
      3766 Charlotte Hwy, Lancaster, SC 29720
      View Details
    • Value Estimation by Request

      Duckwood Rd

      Land
      0 Duckwood Rd, Kershaw, SC 29720
      View Details

    Similar Nearby for Sale

    • $239,900
      1.00 Acre

      Lancaster Land with Road Frontage

      One-acre lot south of Sun City Carolina Lakes, Lancaster, SC.
      7162 Charlotte Hwy, Lancaster, SC 29720
      View Details
    • Contact for pricing

      Land Parcel in Van Wyck

      2.414 acre land parcel with road frontage.
      00 Old Hickory Rd, Lancaster, SC 29720
      View Details
    • Contact for pricing

      15.12 Acres on Pageland Hwy

      15.12 acres of land suitable for development or single-family.
      00 Pageland Hwy, Lancaster, SC 29720
      View Details
    • $1,750,000

      Development Land Near Highway 521

      Approximately 48-acre development land in Van Wyck, South Carolina.
      000 North Corner Rd, Lancaster, SC 29720
      View Details
    • Contact for pricing

      38 Acres Near Charlotte

      Land available close to Charlotte, potential for development.
      9504 Van Wyck Rd, Lancaster, SC 29720
      View Details
    • Contact for pricing

      34.78 Acres of Wooded Land

      Large wooded land parcel suitable for building or development.
      00 Craig Farm Rd, Lancaster, SC 29720
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Near Major Intersection

      Retail property located near a highly trafficked intersection.
      100 Monroe Hwy, Lancaster, SC 29720
      View Details
    • Contact for pricing

      Retail Space in Lancaster Center

      Retail spaces available in Walmart-anchored community center.
      945-973 Highway 9 Byp W, Lancaster, SC 29720
      View Details
    • Contact for pricing

      Retail Space in Lancaster, SC

      Retail spaces available in Walmart-anchored community center.
      905-933 Highway 9 Byp W, Lancaster, SC 29720
      View Details
    • Contact for pricing

      Lancaster Retail Space For Lease

      Retail space available in a busy Lancaster shopping center.
      1256 Highway 9 Byp W, Lancaster, SC 29720
      View Details
    • Contact for pricing

      114 E Gay St, Lancaster, SC 29720

      Retail space
      114 E Gay St, Lancaster, SC 29720
      View Details
    • $5,000 /Mo

      Main Street Commercial Space Available

      Versatile commercial space in downtown Lancaster with high visibility.
      120 S Main St, Lancaster, SC 29720
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Rebound Rd & Charlotte Hwy
    Lancaster, SC 29720
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!