2245 Charleston Hwy, Cayce, SC 29033
This exceptional investment opportunity presents 1.44 acres of vacant land, ideally situated for development as a shopping center. Located at 2245 Charleston Hwy in Cayce, South Carolina (zip code 29033, APN 005760-01-011), this property boasts a strategic location with high visibility and accessibility. The site offers 94,000 to 96,000 square feet of potential development space. Its prime location is within three miles of a population of 24,499, with an average age between 30 and 40 and a median household income of $42,645. The property benefits from significant traffic counts of 18,826 vehicles. This presents a unique chance to capitalize on a thriving market and create a successful retail venture. The property is currently vacant, offering complete flexibility for design and construction. This is a rare opportunity to acquire a substantial parcel of land in a high-traffic area with strong demographics, making it an ideal investment for developers seeking to build a new shopping center. The property is part of the Cayce Commons Shopping Center, near the intersection of Frink Street and Charleston Highway, and minutes from I-26 and I-77, ensuring excellent connectivity and exposure. The asking price is $265,000.
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
Physical attributes from public recordsZoning & alternative use
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.