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Property profile & analytics
OFF-MARKET
Land

0 Lancaster Hwy Richburg, SC 29729

21 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 21-acre commercial land parcel presents a rare development opportunity in rapidly growing Chester County, South Carolina. Boasting approximately 1100 feet of frontage and a median cut on the four-lane Lancaster Highway (SC 9), this property enjoys high visibility near a lighted intersection with Lewisville High School and Old Richburg Road. Its strategic location offers easy access to I-77 (Exits 62 and 65), within 2.5 and 1.5 miles respectively. A new 2023 plat (not yet recorded) designates Commercial and Development zoning within Richburg Town Limits, eliminating town taxes. The property benefits from the presence of L&C Railway tracks along its southern boundary and a sewer line easement in the northwest corner. The gently sloping terrain provides ample usable land, ideal for various commercial ventures. This prime location is further enhanced by the proximity to three planned subdivisions (1,227 single-family homes, 200 townhomes, and 240 multi-family units) all within a 5-mile radius (as of 5/20/2024), alongside multiple ongoing industrial projects. All utilities are readily available. The asking price of $1,200,000 is firm for the entire property, although the owner may consider subdividing or selling outparcels. Serious inquiries only

Property profile
Verified
Property type Land
Lot 21 ac (914,760 SF)
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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