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    OFF-MARKET
    Residential income homes

    14 Dairy Rd, Ridge Spring, SC 29129

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    Property summary
    AI-generated overview

    Exceptional investment opportunity in the burgeoning McTier Creek Farms subdivision in Ridge Spring, South Carolina. This offering consists of 15 available lots, ranging in size from 6.1 acres to over 11 acres. Several lots boast desirable features including creek frontage, pond frontage, or a combination of wooded and open field areas. The subdivision is currently under development, with roads being constructed to county specifications. The seller will cover the cost of the survey for each lot. Pricing is competitive, starting at $6,500 per acre for wooded or wooded/open field lots, $7,000 per acre for creek frontage, and $7,500 per acre for pond frontage. This presents a unique chance to acquire land suitable for various uses, from residential development to recreational pursuits. Minimal restrictions are in place, prohibiting only the accumulation of junk or junk cars and mobile homes. A yearly road maintenance fee of $150 will apply. This is a rare opportunity to secure land in a rapidly developing area with attractive pricing and desirable features. The asking price for the entire portfolio is $77,000. Located at Lot 14, Dairy Road, Ridge Spring, SC 29129.

    Property profile
    Verified
    Property type Residential income homes
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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