199 Gadsden St Chester, SC 29706
- Commercial real estate
- 1.88 lot acres
Current Use by Public Records
- Chester Auto Sales & Repair / Car Dealer
- Curenton Enterprise / Auto Repair Shop
Property Details for 199 Gadsden St
- Lot size
- 1.88 lot acres
- Property type
- Commercial real estate
- APN
- 201-11-09-001-000
- APU
- 2011109001000
Description
This exceptional commercial property, located at 199 Gadsden Street in Chester, South Carolina, presents a remarkable investment opportunity for discerning buyers. Spanning 1.88 acres, the property features two separate buildings, offering significant flexibility for a variety of uses. The existing structure provides immediate income potential, with one tenant currently occupying the premises on a month-to-month lease. This presents an immediate return on investment while allowing for future development and expansion. The property's size and layout are ideal for entrepreneurs seeking to establish a new business or for investors looking to capitalize on the rental market. The potential for increased revenue is substantial, given the opportunity to lease both buildings to multiple tenants or to develop the property further. The seller is highly motivated and may consider short-term owner financing for qualified buyers with acceptable offers, demonstrable creditworthiness, and proof of sufficient funds. This is a rare chance to acquire a versatile commercial property in a desirable location with significant upside potential. Don't miss this opportunity to secure a valuable asset in a growing market. The property is priced at $350,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $240,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $290,000
- 6.5%
- $290,000
- 7%
- $290,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $280,000
- Retail
- $295,000
- Mixed-Use
- $265,000
- Hospitality
- $240,000
- Educational
- $270,000
- Residential Income
- $215,000
- Energy
- $285,000
- Income-Based Land
- $245,000
- Food Service
- $290,000
Location Insight
- Map
- Local Demand
- City
- Chester
- County
- Chester
- State
- South Carolina
- Longitude
- -81.2089
- Latitude
- 34.7044
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA