314 Saluda St Rock Hill, SC 29730
- Commercial real estate
- 1,232 SF
- 1.00 lot acres
Current Use by Public Records
- Workman Oil & Wrecker Service / Towing Service / Auto Wrecker
Property Details for 314 Saluda St
- Year built
- 1967
- Lot size
- 1.00 lot acres
- Property size
- 1,232 SF
- Property type
- Commercial real estate
- APN
- 627-17-01-006
- APU
- 6271701006
Description
This exceptional commercial property, located at 314 Saluda St, Rock Hill, SC 29730, presents a lucrative investment opportunity. Situated on a 0.34-acre corner lot, this single-story, 1,228 square foot building boasts a prime location at the entrance to Rock Hill's revitalized downtown area, adjacent to the new Arts Center and Fountain Park. The property is part of the Clinton Connextion Action Plan redevelopment area, experiencing significant growth in jobs, businesses, and housing. Currently operating as a gas station with three pumps, the property includes 528 square feet of office/storage space and a 700 square foot garage/shop. Built in 1977, the Class D building is zoned DWTN and offers 100% occupancy with a single tenant. The asking price is $849,000, translating to $691.37 per square foot. This property offers significant potential for continued operation as a convenience store or for redevelopment given its strategic location within a rapidly expanding urban core. The APN is 6271701006. This is a rare chance to acquire established commercial real estate in a thriving South Carolina market. The property's strong cash flow and prime location make it an ideal investment for discerning buyers. Don't miss this chance to own a piece of Rock Hill's vibrant future.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $175,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $170,000
- 6.5%
- $145,000
- 7%
- $150,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $155,000
- Geo Method
- $140,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $185,000
- Retail
- $185,000
- Mixed-Use
- $180,000
- Hospitality
- $145,000
- Educational
- $145,000
- Residential Income
- $160,000
- Energy
- $140,000
- Income-Based Land
- $195,000
- Food Service
- $165,000
Location Insight
- Map
- Local Demand
- City
- Rock Hill
- County
- York
- State
- South Carolina
- Longitude
- -81.0265
- Latitude
- 34.9219
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
