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Property profile & analytics
OFF-MARKET
Land

140 Pontiac Business Center Dr Elgin, SC 29045

Property ID
Property summary
AI-generated overview

This ±2.65-acre commercial land parcel is ideally situated in Elgin, South Carolina, within the Pontiac Business Center, a prime location in the Northeast Columbia area. The property boasts excellent visibility and accessibility, being less than one mile from Exit 82 of Interstate 20 (Spears Creek Church Road), a major thoroughfare with high traffic volume. The site is zoned M-1 (Light Industrial District), providing flexibility for a variety of development opportunities, including build-to-suit projects. This presents a unique chance to capitalize on the strong demand for industrial space in this rapidly growing region. The property's strategic location benefits from significant traffic counts, with Spears Creek Church Road averaging 10,600 vehicles per day and I-20 boasting 63,600 vehicles per day. The asking price is $395,000, translating to a land value of $3.42 per square foot. This represents a compelling investment opportunity for developers seeking a well-located site with excellent infrastructure and high traffic exposure in Richland County, South Carolina, zip code 29045. The address is 140 Pontiac Business Center Drive.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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