Property profile

142 Singing Pines Ln Ridgeway, SC 29130

OFF-MARKET
Land
11.82 ac lot
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Property summary

AI-generated overview

This exceptional 11.82-acre commercial land parcel presents a compelling investment opportunity in Ridgeway, South Carolina. Strategically located on the northeast quadrant of I-77 exit 34 at Highway 34, this property boasts unparalleled visibility and accessibility. The B-2 General Business District zoning allows for a wide range of commercial uses, catering to businesses serving both local residents and the traveling public. With an estimated 47,500 vehicles passing daily (2022 S.C. DOT data), this site offers exceptional exposure for any commercial venture. Its central South Carolina location provides logistical advantages, with easy access to I-77 and a network of state and regional roadways. The property benefits from proximity to existing manufacturing facilities, industrial parks, and the future I-77 International Mega Site, a large-scale OEM facility projected to create thousands of jobs and significantly boost the region's economic growth. This desirable corner lot offers unlimited potential for development, capitalizing on current traffic and the promising future of this rapidly developing area. The asking price is $2,955,000, representing a land value of $250,000 per acre. The property's address is 142 Singing Pines Lane, Ridgeway, SC 29130, and its APN is 167-00-02-005-000. This is a rare opportunity to acquire a high-visibility commercial site in a thriving area poised for significant future growth.

Property profile

Verified
Property type Land
Lot 11.82 ac (514,879 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

142 Singing Pines Ln Ridgeway, SC 29130
Ridgeway metro
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Value estimations

Realmo proprietary · 4 methods
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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
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