126 Ldg Rd Pendleton, SC 29670-9267
- Mobile home & RV parks
- 1.97 lot acres
Current Use by Public Records
- Pendleton Acres / Mobile Home Park
- Quantella & Company / Real Estate Agency
Property Details for 126 Ldg Rd
- Lot size
- 1.97 lot acres
- Property type
- Mobile home & RV parks
- APN
- 039-02-01-003
- APU
- 390201003
Description
This exceptional 1.97-acre commercial land parcel in Pendleton, Georgia (zip code 29670), located at 126 Lodge Rd, presents a lucrative investment opportunity. Priced at $1,050,000, the property boasts a thriving mobile home park featuring ten nearly new units. The park's configuration includes three two-bedroom units and seven three-bedroom units, providing a diverse range of housing options. Its strategic location offers convenient access to several key institutions, including Pendleton, Clemson University, Southern Wesleyan University, and Tri-County Technical College, ensuring a consistent demand for rental units. This translates to a strong potential for sustained rental income and a high return on investment. The property is classified as special purpose commercial land and is offered as a turnkey operation, ideal for an investor seeking immediate cash flow and long-term growth. The absence of existing buildings on the land, aside from the mobile homes, allows for potential future expansion or redevelopment, further enhancing its investment appeal. This property represents a rare opportunity to acquire a well-established, income-generating asset in a desirable location with significant upside potential. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $185,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $150,000
- 6.5%
- $135,000
- 7%
- $140,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $160,000
- Geo Method
- $130,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $145,000
- Retail
- $130,000
- Mixed-Use
- $170,000
- Hospitality
- $125,000
- Educational
- $140,000
- Residential Income
- $155,000
- Energy
- $150,000
- Income-Based Land
- $150,000
- Food Service
- $155,000
Location Insight
- Map
- Local Demand
- City
- Pendleton
- County
- Anderson
- State
- South Carolina
- Longitude
- -82.7681
- Latitude
- 34.6764
- CBSA code
- 24860
- CBSA name
- GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA