4127 Celanese Rd Rock Hill, SC 29732
- Commercial real estate
- 1.48 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4127 Celanese Rd
- Lot size
- 1.48 lot acres
- Zone code
- BD-III
- Property type
- Commercial real estate
- APN
- 542-00-00-001
- APU
- 5420000001
Description
This 1.5-acre commercial land parcel in Rock Hill, South Carolina, presents a compelling redevelopment opportunity. Situated at a signalized intersection of Celanese Road and the extension of Museum Road/International Drive, the property boasts exceptional visibility and accessibility. Daily traffic counts on Celanese Road exceed 40,000 vehicles. The location is at the entrance to the new Aspen Business Park, a master-planned development projected to create 2,000 new jobs. The property's strategic position across from Ollies Plaza further enhances its commercial potential. Improved traffic patterns are anticipated with the future connection of Museum Road to Heckle Boulevard and Celanese Road. Additionally, the site is eligible for the Abandoned Building Tax Credit, potentially offering up to $750,000 in incentives. The property is zoned BD3. This prime location offers significant upside for developers seeking a high-impact commercial project within a rapidly growing business park.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $205,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $205,000
- 6.5%
- $210,000
- 7%
- $220,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $205,000
- Geo Method
- $185,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $210,000
- Retail
- $210,000
- Mixed-Use
- $235,000
- Hospitality
- $215,000
- Educational
- $210,000
- Residential Income
- $230,000
- Energy
- $175,000
- Income-Based Land
- $230,000
- Food Service
- $225,000
Location Insight
- Map
- Local Demand
- City
- Rock Hill
- County
- York
- State
- South Carolina
- Longitude
- -81.0662
- Latitude
- 34.9776
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA