Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Highway 601 Lugoff, SC 29078
    Back to Search
    Property profile & analytics

    Highway 601, Lugoff, SC 29078

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

    Current Use by Public Records

    • Land

    Property Details for 0 Highway 601

    Lot size
    3.91 lot acres
    Property type
    Land

    Description

    This exceptional 3.91-acre commercial land parcel presents a prime investment opportunity in Lugoff, South Carolina. Strategically located along the heavily trafficked Highway 601 corridor, connecting Lugoff/Camden to Interstate 20, this property boasts exceptional visibility and high traffic counts, estimated at 22,000 vehicles per day based on recent South Carolina Department of Transportation (SCDOT) data. The site offers convenient access with frontage on both Highway 601 and a standard warehouse road, ensuring easy ingress and egress. This combined parcel consists of two contiguous tracts: Tract "B" (1.79 acres) and Tract "C" (2.12 acres), identified as Kershaw County TM# 310-00-00-046 and TM# 310-00-00-023 respectively. The asking price is $365,750, reflecting a price per acre of $93,542. This high-traffic location makes it ideal for a variety of commercial uses, offering significant potential for development and return on investment. The property's prime location and high visibility make it an attractive option for businesses seeking maximum exposure. Detailed information on the individual tracts is available upon request. The zip code is 29078.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lugoff
    County
    Kershaw
    State
    South Carolina
    Longitude
    -80.6868
    Latitude
    34.1925

    Comparable in this City

    • Value Estimation by Request

      Lachicotte Rd

      Land
      0 Lachicotte Rd, Lugoff, SC 29078
      View Details
    • Value Estimation by Request
      30.00 Acres

      1287 Spring Creek Rd

      Land
      1287 Spring Creek Rd, Lugoff, SC 29078
      View Details
    • Value Estimation by Request
      3.91 Acres

      205 Highway 601

      Land
      205 Highway 601, Lugoff, SC 29078
      View Details
    • Value Estimation by Request
      0.85 Acres

      Us-1

      Specialty properties
      0 Us-1, Lugoff, SC 29078
      View Details
    • Value Estimation by Request
      1.79 Acres

      193 Highway 601

      Land
      193 Highway 601, Lugoff, SC 29078
      View Details
    • Value Estimation by Request
      13.37 Acres

      14 Industrial Park Dr

      Land
      14 Industrial Park Dr, Lugoff, SC 29078
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land for Sale, Lugoff SC

      Land available for purchase in Lugoff, South Carolina.
      628 Highway 601 S, Lugoff, SC 29078
      View Details
    • $150,000
      1 SF

      Lugoff Commercial Land - I-20 Visibility

      High-visibility commercial lot, I-20 access.
      1702 Whiting Way, Lugoff, SC 29078
      View Details
    • $1,400,000
      13.37 Acres

      Lugoff Industrial Land For Sale

      13+ acres of commercial land near Interstate-20 in Lugoff, SC.
      14 Industrial Park Dr, Lugoff, SC 29078
      View Details
    • Contact for pricing

      Commercial Land Near I-20

      22.08 acres of commercial land with development potential.
      1924 Whiting Way, Lugoff, SC 29078
      View Details
    • $59,500
      1 SF

      Lugoff Commercial Lot - US1 Frontage

      Prime Commercial Land, Approved Building Plans
      1451 Highway 1, Lugoff, SC 29078
      View Details
    • $450,000
      4.11 Acres

      Prime Commercial Lot on Highway

      4.1 acre commercial lot with highway frontage in Lugoff, SC.
      594 Hwy#1 south, Lugoff, SC 29078
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      516,121 SF

      Industrial Warehouse Space Available

      516,121 SF industrial warehouse for lease in Lugoff, SC.
      235 Standard Warehouse Rd, Lugoff, SC 29078
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space in Lugoff Center

      High-visibility shopping center space available for lease.
      816 Highway 1 S, Lugoff, SC 29078
      View Details
    • Contact for pricing
      97,582 SF

      Industrial Space with Rail Access

      Available industrial space featuring dock and rail loading.
      288 Highway 601 S, Lugoff, SC 29078
      View Details
    • Contact for pricing

      Industrial Building in Lugoff, SC

      196,524-SF industrial building with office space for lease.
      240 Evans Rd, Lugoff, SC 29078
      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.
    Highway 601
    Lugoff, SC 29078
    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

    Thank You for Inquiry
    Highway 601, Lugoff, SC, 29078
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!