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    Property profile & analytics

    Rogers Bridge Rd Duncan, SC 29334

    • Land
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Rogers Bridge Rd

    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 10.71-acre parcel in Duncan, South Carolina, presents a prime land development opportunity. Strategically located less than a mile from I-85 and in close proximity to the BMW headquarters, this property offers unparalleled access to major transportation routes and a significant employment center. Boasting a daily traffic count of 34,000 vehicles, the site ensures high visibility and accessibility, making it ideal for a variety of development projects. The level topography simplifies construction, reducing costs and making it suitable for single-family homes, townhomes, apartments, or commercial complexes. Zoned for both residential and commercial uses, this versatile land offers flexibility for developers. Surrounded by burgeoning residential communities and benefiting from a strong growth trajectory in Spartanburg County, this property represents a significant investment opportunity. The asking price is $3,950,000. The property features adequate drainage, a key element for long-term development success. APN: 5-26-00-001.02. This is a truly exceptional opportunity to capitalize on the thriving real estate market in this area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Duncan
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -82.1135
    Latitude
    34.9063

    Comparable in this City

    • Value Estimation by Request
      18.45 Acres

      350 Robin Lake Rd

      Land • 3,200 SF
      350 Robin Lake Rd, Duncan, SC 29334
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    • Value Estimation by Request
      8.89 Acres

      Spartangreen Blvd

      Distribution properties • 120,000 SF
      0 Spartangreen Blvd, Duncan, SC 29334
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    • Value Estimation by Request
      25,000 SF

      & SC-101 Plemmons Rd

      Flex space • 25,000 SF
      & SC-101 Plemmons Rd, Duncan, SC 29334
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    • Value Estimation by Request
      3.80 Acres

      3.8 Library Ln

      Land • 3.80 Acres
      0 3.8 Library Ln, Duncan, SC 29334
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    • Value Estimation by Request
      19.34 Acres

      290 Main St Hwy

      Land • 19.34 Acres
      290 Main St Hwy, Duncan, SC 29334
      View Details
    • Value Estimation by Request
      2.37 Acres

      193 Main St

      Land • 2.37 Acres
      193 Main St, Duncan, SC 29334
      View Details

    Similar Nearby for Sale

    • $1,800,000
      18.45 Acres

      Prime Duncan Development Land

      18.45 Acres, Multi-Use Potential
      350 Robin Lake Rd, Duncan, SC 29334
      View Details
    • $2,250,000
      38.24 Acres

      Duncan Industrial Land Opportunity

      38 Acres, Prime Development Site, I-85 Access
      256 Tucapau Rd, Duncan, SC 29334
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    • $295,000
      3.80 Acres

      Duncan, SC Commercial Land

      3.8 Acres, Prime Development Site
      0 3.8 Library Ln, Duncan, SC 29334
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    • $2,750,000

      Inglesby Parkway Commercial Land

      ±13.5 Acres, Duncan, SC Development Opportunity
      310 Inglesby Pkwy, Duncan, SC 29334
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    • $2,600,000
      2.19 Acres

      Prime Duncan Commercial Land

      2.19 Acres, I-85 Visibility
      30 Freeman Farm Rd, Duncan, SC 29334
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    • $2,250,000
      3.46 Acres

      Prime Duncan Commercial Land

      3.46 Acres, Hwy 290 Frontage
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    Similar Nearby for Lease

    • $5 SF/Yr
      120,000 SF

      Spartangreen Blvd Industrial Land

      ±120,000 SF Build-to-Suit Opportunity
      0 Spartangreen Blvd, Duncan, SC 29334
      View Details
    • Contact for pricing
      25,000 SF

      Duncan Hwy 101 Flex Industrial Space

      Modern Flex/Industrial Space in Duncan, SC
      & SC-101 Plemmons Rd, Duncan, SC 29334
      View Details
    • $5 SF/Yr
      307,840 SF

      Duncan Industrial Space Available

      307,840 SF industrial space for lease in Duncan, SC.
      1375 Howell Rd, Duncan, SC 29334
      View Details
    • $13 SF/Yr
      2,865 SF

      Industrial Space Available For Rent

      Industrial property with 2865 square feet available for rent.
      321 Tucapau Rd, Duncan, SC 29334
      View Details
    • Contact for pricing
      12,000 SF

      Industrial Outdoor Storage Opportunity

      New industrial development with warehouse and laydown yard for lease.
      Danzler Rd, Duncan, SC 29334
      View Details
    • $12 SF/Yr
      13 SF

      Flex Space in Duncan, SC

      Flex space available for lease in Duncan, South Carolina.
      160 Congress Blvd, Duncan, SC 29334
      View Details
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    Rogers Bridge Rd
    Duncan, SC 29334
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    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
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