3764 Charlotte Hwy Lancaster, SC 29720
This exceptional 10.16-acre commercial land parcel presents a compelling investment opportunity in Lancaster, South Carolina. Located on Highway 521, this property boasts a prime location adjacent to the Lancaster EMS Headquarters and training center, offering excellent visibility and accessibility. The mostly flat terrain features dense trees and approximately 760 feet of road frontage, providing ample space for development. Zoned for General Business use, this land is ideally suited for a variety of commercial ventures. Its proximity to the expansive new Lennar development, "Roselyn," a 1,475-acre, 1,800-home 55+ community with extensive amenities, promises significant future growth and increased traffic. The Roselyn development, located approximately 1.4 miles south, will further enhance the property's value and accessibility, potentially reducing travel time to under two minutes with the addition of a planned signalized intersection. The influx of new residents from Roselyn creates a strong demand for commercial services, making this land perfect for a commercial strip center or development with outparcels. The property's address is 3764 Charlotte Hwy, Lancaster, SC 29720, and its parcel number is 003200013.01. This is a rare opportunity to capitalize on the burgeoning growth in this desirable area of Lancaster County.
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
Physical attributes from public recordsZoning & alternative use
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.