Property profile

100 Anderson Rd Seneca, SC 29672

FOR SALE
Land
Property ID
US77-0690107
22 SF
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Property summary

AI-generated overview

eXp Commercial is proud to exclusively offer for sale a 4-parcel tract of land totalling 22.3 +/- acres at 100 Anderson Rd in Seneca, SC (Oconee County). This land is outside Seneca city limits in Oconee County's control-free zoning. The land is located behind the local Ingles Supermarket on the northeast edge of town, between Hwy 130 (Rochester Hwy) and Hwy 123 (Clemson Boulevard). It is serviced by Blue Ridge Electric for power and Seneca Water and Light for water. A three-bedroom, two-bath house is located on-site, to which no value has been assigned. The home is currently connected to a septic tank for wastewater control. A few outbuildings have also been constructed. The house was built in 1937. The seller believes underground springs exist on the property. INFORMATION CONCERNING THE WATER AND WASTEWATER CONNECTIVITY Initial discussions with Seneca Water and Light have resulted in the following guidelines for any development that would require significant water and/or sewer services: For water service, the site is currently serviced by a 2" line. This would potentially need to be upgraded to a 6" line with the developer bearing the cost of the run from W. Sizemore Rd (consult Google Maps) For sewer service, a new line would have to be installed from the main trunk from either Hwy 130/Rochester Hwy (requiring a cut across the highway and railroad tracks) or Hwy 123/Clemson Blvd (requiring a cut across the highway). As a result, it would be recommended to consult with appropriate authorities and compare the cost with an advanced wastewater system. The seller is willing to sell 16.3 acres if a buyer prefers. In addition, after a thorough review, the seller is willing to consider keeping some funds in the development project. Located in an Opportunity Zone Unzoned Near Lake Murray (5 minutes) Located minutes from all major amenities, yet offers privacy Located in an Opportunity Zone Unzoned Near Lake Murray (5 minutes) Located minutes from all major amenities yet offers privacy

Property profile

Verified
Property type Land
Total area 22 SF
UPID US77-0690107

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

100 Anderson Rd Seneca, SC 29672
Seneca metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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