Property profile

2 Dairy Rd Ridge Spring, SC 29129

OFF-MARKET
Residential income homes
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Invest in this exceptional 15-lot residential land opportunity in the new McTier Creek Farms subdivision in Ridge Spring, South Carolina. This development offers a diverse selection of lots ranging in size from 6+ acres to 11+ acres, catering to various needs and preferences. Three 11+ acre lots boast a combination of wooded areas and open fields, perfect for those seeking a blend of privacy and space. Two additional 11+ acre lots provide the added benefit of pond frontage, offering tranquil waterfront views. Five larger lots enjoy the unique advantage of McTier Creek frontage, presenting picturesque settings and potential recreational opportunities. The subdivision's infrastructure will include a road constructed to county specifications, ensuring convenient access and a well-maintained environment. A survey will be provided by the seller to facilitate a smooth and transparent transaction. Lot pricing is competitive, with wooded or wooded/open field lots priced at $6,500 per acre, creek frontage lots at $7,000 per acre, and pond frontage lots at $7,500 per acre. The property is subject to minimal restrictions, prohibiting only the accumulation of junk or junk cars and the placement of mobile homes. A yearly road maintenance fee of $150 will be implemented to ensure the long-term upkeep of the subdivision's infrastructure. This is a remarkable opportunity to acquire prime land in a burgeoning community, offering a variety of uses and significant potential for future growth. The asking price for the entire portfolio is $39,520. Reservations are currently being accepted. The property is located at Lot 2 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

Location

2 Dairy Rd Ridge Spring, SC 29129
Ridge Spring metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2 Dairy Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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