500 Gator Rd Gaston, SC 29053
This exceptional 107-acre residential development tract in Gaston, South Carolina, presents a unique investment opportunity. Located on Gator Road, the property boasts ±2.55 acres of spring-fed pond and excellent frontage, with its rear boundary along Second Creek. The land offers desirable topography, making it ideal for residential construction, enhanced by the natural beauty of the pond and stream. Conveniently situated between Edmund Highway (SC 302) and Fish Hatchery Road, this location provides easy access to major interstates: I-26 (9.3 miles), I-20 (12.6 miles), and I-77 (11.4 miles). A short 20-minute commute to downtown Columbia adds to its appeal. The property is zoned for highly-rated Lexington County School District One schools: Forts Pond Elementary, Pelion Middle, and Pelion High. Lexington County's rapid growth within the Columbia MSA further underscores the investment potential of this remarkable property. The asking price is $911,000, and the Lexington County Tax Map number is 008900-03-024. This is a prime opportunity to capitalize on the burgeoning residential market in a sought-after area. The property's size, natural amenities, and strategic location combine to create a compelling proposition for developers seeking a high-value project.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.