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    10622 Barberville Rd Indian Land, SC 29707
    Property profile & analytics

    10622 Barberville Rd Indian Land, SC 29707

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    • Commercial real estate
    • 99.50 lot acres
    Off-Market
    Property ID
    US77-0892697
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 10622 Barberville Rd

    Lot size
    99.50 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 99.5-acre land parcel presents a remarkable development opportunity in Indian Land, South Carolina. Located at 10622 Barberville Road, Lancaster County (zip code 29707), this property is zoned LDR and boasts approximately 1028 feet of road frontage. The land includes a cell tower and is situated near existing infrastructure, with a water line conveniently located on Barberville Road and a sewer line accessible at the rear of the property near Clem's Branch Creek. Adding significant value, Lancaster County Schools own adjacent land and plan to construct a new elementary school on nearby Harrisburg Road. While a 1910 house is situated on the property, it carries no value in the sale price of $12,500,000. Note that this sale includes the 99.5-acre parcel

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Indian Land
    County
    Lancaster
    State
    South Carolina
    Longitude
    -80.8800354
    Latitude
    35.0297681

    Comparable in this City

    • Contact for pricing

      Multi-Parcel Land with Development Potential

      Six parcels of land totaling approximately 12 acres with development potential.
      478 Silver Run Rd, Fort Mill, SC 29707
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      15+ Acre Development Site

      Prime development site in fast-growing Lancaster County.
      8937 Charlotte Hwy, Indian Land, SC 29707
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    • $10,855,000

      Commercial Land in Growing Area

      Prime commercial land with general business zoning in Indian Land.
      9457 Charlotte Hwy, Indian Land, SC 29707
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    • $850,000

      One Acre Commercial Outparcel

      One acre commercial land for sale near Charlotte.
      268 Fort Mill Hwy, Indian Land, SC 29707
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      Land with Multiple Signalized Access

      Commercial land with multiple access points near Sun City.
      7822 Charlotte Hwy, Indian Land, SC 29707
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      Homesite Ready for New Construction

      1.28 acre homesite perked for a 5-bedroom septic system.
      0000 Henry Harris Rd, Fort Mill, SC 29707
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Multi-Parcel Land with Development Potential

      Six parcels of land totaling approximately 12 acres with development potential.
      478 Silver Run Rd, Fort Mill, SC 29707
      View Details
    • Contact for pricing

      15+ Acre Development Site

      Prime development site in fast-growing Lancaster County.
      8937 Charlotte Hwy, Indian Land, SC 29707
      View Details
    • $10,855,000

      Commercial Land in Growing Area

      Prime commercial land with general business zoning in Indian Land.
      9457 Charlotte Hwy, Indian Land, SC 29707
      View Details
    • $850,000

      One Acre Commercial Outparcel

      One acre commercial land for sale near Charlotte.
      268 Fort Mill Hwy, Indian Land, SC 29707
      View Details
    • Contact for pricing

      Land with Multiple Signalized Access

      Commercial land with multiple access points near Sun City.
      7822 Charlotte Hwy, Indian Land, SC 29707
      View Details
    • Contact for pricing

      Homesite Ready for New Construction

      1.28 acre homesite perked for a 5-bedroom septic system.
      0000 Henry Harris Rd, Fort Mill, SC 29707
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land Lease Opportunity in Fort Mill

      Outparcels available for ground lease at future shopping center.
      7553 Charlotte Hwy, Fort Mill, SC 29707
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    • Contact for pricing

      Class A Office Sublease Opportunity

      Sublease opportunity in desirable corporate office location in Indian Land.
      8106 Calvin Hall Rd, Indian Land, SC 29707
      View Details
    • Contact for pricing

      New Class A Medical/Office Development

      New Class A medical/office development in Edgewater Corporate Park.
      00 Edgewater Pkwy, Indian Land, SC 29707
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    • Contact for pricing

      Renovated Office Space in Fort Mill

      Recently renovated office building in Rosemont Commercial Park.
      1245 Rosemont Dr, Fort Mill, SC 29707
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    • $28 SF/Yr
      2,820 SF

      Office Space in Fort Mill

      Office suites available in rapidly growing Lancaster County.
      1061 Red Ventures Dr, Fort Mill, SC 29707
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    • Contact for pricing
      2,500 SF

      Retail Space on Fort Mill Parkway

      Retail spaces available in high-growth Fort Mill location.
      368 Fort Mill Hwy, Fort Mill, SC 29707
      View Details
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    10622 Barberville Rd
    Indian Land, SC 29707
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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