271 Mcallister Rd Kingstree, SC 29556
This exceptional 10-acre commercial/industrial/residential land parcel in Kingstree, South Carolina, presents a unique investment opportunity. Located just off Highway 527, the property boasts an impressive 300 meters of road frontage and enjoys convenient access to Highway 52, I-95 (30 minutes away), and Myrtle Beach (70 miles). Its strategic location is further enhanced by its proximity to the new Lake City MUSC site (a 15-minute drive). The property features a clear title with single ownership and readily available city water. Sewer extension is feasible, with ongoing negotiations for grant funding to cover a significant portion of the estimated $250,000 cost; the seller is willing to contribute to the remaining expense. This versatile land is zoned MV and is ideally suited for various commercial uses, including warehouse, distribution center, laydown yard, or self-storage facility. Its designation as an Opportunity Zone adds significant investment appeal. The area is experiencing growth in both shopping and lodging, further bolstering the property's value. The consolidation of local schools has increased the demand for residential properties, making this location even more attractive. The property is situated just 5 minutes from Kingstree High School. This opportunity zone is one of few in the area with sewer capacity. An additional 2.3 acres may be available through negotiation. The APN is 45-177-024. The asking price is $1,200,000.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.