147 Ron Mcnair Blvd Lake City, SC 29560
- Drive through restaurants
- 2,819 SF
- 0.61 lot acres
Current Use by Public Records
- Drive through restaurants
Property Details for 147 Ron Mcnair Blvd
- Year built
- 1988
- Lot size
- 0.61 lot acres
- Property size
- 2,819 SF
- Zone code
- HB
- Property type
- Drive through restaurants
- APN
- 80008-18-016
- APU
- 8000818016
Description
This exceptional 2,819-square-foot vacant quick-service restaurant (QSR) building is ideally situated on a 0.73-acre lot at the corner of S Ron McNair Blvd (US-52) and Wilcox St in Lake City, South Carolina. The property boasts excellent visibility and accessibility with three convenient access points: two curb cuts on Ron McNair Blvd and one on Wilcox St. Benefit from high traffic volume, averaging approximately 15,000 vehicles daily. The existing infrastructure includes a drive-thru lane, ample parking for 29 vehicles, a ready-made patio seating area, and prominent pylon signage. The building is ready for immediate occupancy. Lake City's strategic location, midway between Columbia and Myrtle Beach, SC, and approximately 25 miles south of Florence, SC, ensures a strong customer base. The area is densely populated with numerous national and regional retailers, including Burger King, Hardee's, McDonald's, Subway, Pizza Hut, Advance Auto, Tractor Supply, T-Mobile, Bojangles, Wendy's, Taco Bell, and a soon-to-open Dunkin'. This turnkey property presents a unique opportunity for a savvy investor or operator seeking a high-traffic location with established infrastructure. The asking price is $850,000, with a price per square foot of $301.53. This is a single-unit building on a single lot.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $680,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $740,000
- 6.5%
- $650,000
- 7%
- $630,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $635,000
- Geo Method
- $620,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $555,000
- Retail
- $715,000
- Mixed-Use
- $740,000
- Hospitality
- $600,000
- Educational
- $610,000
- Residential Income
- $625,000
- Energy
- $735,000
- Income-Based Land
- $630,000
- Food Service
- $640,000
Location Insight
- Map
- Local Demand
- City
- Lake City
- County
- Florence
- State
- South Carolina
- Longitude
- -79.7607
- Latitude
- 33.873
- CBSA code
- 22500
- CBSA name
- FLORENCE, SC METROPOLITAN STATISTICAL AREA