994 Us 123 Hwy Seneca, SC 29678
This exceptional 1.45-acre commercial property in Seneca, SC, boasts 280 feet of frontage on Highway 123, offering unparalleled visibility and accessibility. Situated across from established businesses like Harbor Freight and a Viking Boat Dealership, this prime location is ideal for significant commercial development. The property comprises two adjoining lots, allowing for flexibility in design and development. Two curb cuts are possible, facilitated by the acquisition of the necessary Department of Transportation right-of-way. Complete and updated plats, building plans, and stormwater information are readily available. The seller is offering a build-to-suit option for national accounts, catering to specific business needs. Alternatively, a ground lease opportunity is presented, offering a 20-year lease with escalating monthly payments: $6,000 for the first five years, $6,480 for the second five years, $6,998 for the third five years, and $7,558 for the final five years. A shorter, 10-year lease may also be negotiated. The asking price is $1,050,000. All interested parties are responsible for verifying all pertinent information.
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
Similar Nearby for Lease
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.