Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    687 Gold Hill Rd Fort Mill, SC 29715
    Back to Search
    Property profile & analytics

    687 Gold Hill Rd, Fort Mill, SC 29715

    View on Map
    • Mixed-use properties
    • 300.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 687 Gold Hill Rd

    Lot size
    300.00 lot acres
    Property type
    Mixed-use properties
    Property subtype
    Land

    Description

    This exceptional 300-acre mixed-use land assemblage presents a unique investment opportunity in Fort Mill, South Carolina. Located in York County, this strategically positioned property boasts a Planned Development (PD) zoning designation, offering significant flexibility for a wide range of development projects. The assemblage comprises ten parcels, totaling approximately 302.73 acres, with individual parcel sizes ranging from 4.54 acres to 79.26 acres. The property's convenient location offers easy access to both Rock Hill, SC (13 miles) and downtown Charlotte (15 miles), providing exceptional connectivity to major transportation arteries and a robust regional economy. The detailed parcel information includes APN numbers: 7160000002, 7160000051, 7160000057, 7160000069, 7160000079, 7160000080, 7160000082, 7160000083, 7160000084, and 7170000008. Currently owned by Cato Land Development LLC, this expansive site is ideally suited for large-scale development projects, offering substantial potential for significant returns. The address is 687 Gold Hill Rd, Fort Mill, SC 29715. This is a rare opportunity to acquire a substantial land holding in a high-growth area with excellent potential for future development.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Mill
    County
    York
    State
    South Carolina
    Longitude
    -80.952
    Latitude
    35.0606

    Comparable in this City

    • Value Estimation by Request
      10.70 Acres

      51 Springhill Farm Rd & Hwy

      Land
      51 Springhill Farm Rd & Hwy, Fort Mill, SC 29715
      View Details
    • Value Estimation by Request

      51 Springhill Farm Rd & Hwy

      Land
      51 Springhill Farm Rd & Hwy, Fort Mill, SC 29715
      View Details
    • Value Estimation by Request
      10.87 Acres

      1736 Dobys Bridge Rd

      Land
      1736 Dobys Bridge Rd, Fort Mill, SC 29715
      View Details
    • Value Estimation by Request
      2.67 Acres

      3048 Us-21

      Land
      3048 Us-21, Fort Mill, SC 29715
      View Details
    • Value Estimation by Request
      6.00 Acres

      1234 Williams Rd

      Land
      1234 Williams Rd, Fort Mill, SC 29715
      View Details
    • Value Estimation by Request
      1.00 Acre

      Hwy 21 & Regent Pkwy

      Land
      0 Hwy 21 & Regent Pkwy, Fort Mill, SC 29715
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale Fort Mill

      Land available for sale at 257 Gold Hill Rd
      257 Gold Hill Rd, Fort Mill, SC 29715
      View Details
    • Contact for pricing

      Commercial Land in Fort Mill

      Commercial development opportunities within master-planned community by Lennar.
      Fort Mill Pkwy, Fort Mill, SC 29715
      View Details
    • $239,000
      Pending

      Residential Land in Fort Mill

      1.42 acre wooded parcel in desirable Fort Mill, SC.
      002 Roanoke Dr, Fort Mill, SC 29715
      View Details
    • $3,800,000
      Pending

      Prime Multifamily Development Opportunity

      36-acre property in York County, South Carolina, zoned RMX-10.
      Roanoke Dr, Fort Mill, SC 29715
      View Details
    • $275,000
      0.25 Acres

      Wooded Homesite in Arden Mill

      0.25-acre wooded homesite for sale in Fort Mill, SC.
      3087 Belden Dr, Fort Mill, SC 29715
      View Details
    • New
      $450,000
      1.70 Acres

      Fort Mill Estate Lots

      1.7 acre estate lots for custom dream home.
      2031 Holbrook Rd, Fort Mill, SC 29715
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land for Rent

      Land available for rent at signalized intersection.
      Highway 21, Fort Mill, SC 29715
      View Details
    • Contact for pricing
      2,495 SF

      Fort Mill Commercial Land Available

      Commercial land in Fort Mill, SC, near Charlotte and Rock Hill.
      1946 Mary Hinson Ct, Fort Mill, SC 29715
      View Details
    • Contact for pricing
      1 SF

      Commercial Land at Carowinds Boulevard

      Land for rent at a busy, signalized intersection.
      3127 Carowinds Blvd, Fort Mill, SC 29715
      View Details
    • Contact for pricing
      149,732 SF

      Industrial Space in Fort Mill

      Available industrial space with dock doors and ample parking.
      3437 Stateview Blvd, Fort Mill, SC 29715
      View Details
    • Contact for pricing
      5,400 SF

      Fort Mill Flex/Industrial Space

      Flex/industrial space with convenient access to I-77 and Carowinds Boulevard.
      3649 Centre Cir, Fort Mill, SC 29715
      View Details
    • Contact for pricing
      2,076 SF

      New Retail Center in Fort Mill

      Class A retail center with high visibility in growing Fort Mill.
      5525-5529 Arden Mill Dr, Fort Mill, SC 29715
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    687 Gold Hill Rd
    Fort Mill, SC 29715
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    687 Gold Hill Rd, Fort Mill, SC, 29715
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!