0 Highway 28 Byp Anderson, SC 29624
This exceptional commercial land offering in Anderson, South Carolina presents a unique investment opportunity. Located on Hwy 28 Bypass, this property boasts excellent visibility and accessibility, situated directly across from a Lowe's Home Improvement store. The site can be purchased as a single 3.42-acre parcel or conveniently subdivided into two 1.75-acre parcels, providing flexibility for various development plans. With 319 feet of frontage along the busy Hwy 28 Bypass, this property benefits from high traffic counts and proximity to a thriving commercial corridor. National retailers, restaurants, and a diverse range of small businesses are located nearby, ensuring a strong customer base and potential for high returns. The area also enjoys a robust residential presence, with Tri-County Technical College, Anderson University, Southwood Middle School, Westside High School, and numerous multifamily and single-family homes in close proximity. The land itself features a mostly flat topography, simplifying development. Essential utilities, including sewer, water, and natural gas, are readily available. For investors seeking a strategic location with significant development potential, this property offers an unparalleled opportunity. Note that an adjacent property is also available for purchase, presenting the possibility of expanding the investment. The asking price for this exceptional property is $550,000.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.