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    Property profile & analytics

    2001 Charlotte Hwy Lancaster, SC 29720-8797

    • Automotive properties
    • 19,212 SF
    • 10.30 lot acres
    OFF-MARKET
    Value Estimation
    $4,195,000
    Last Sale
    Sep 05, 2024
    $4,250,000
    Location Intelligence
    Property ID
    US77-2723061
    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.

    Current Use by Public Records

    • Burns Ford Services / Auto Parts Store

    Property Details for 2001 Charlotte Hwy

    Year built
    2002
    Construction
    STEEL FRAME
    Lot size
    10.30 lot acres
    Property size
    19,212 SF
    Zone code
    GB
    Property type
    Automotive properties
    APN
    0062-00-005.01
    APU
    620000501

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,430,000
      6.5%
      $3,920,000
      7%
      $3,880,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,250,000
      Geo Method
      $3,845,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,840,000
      Retail
      $4,260,000
      Mixed-Use
      $3,680,000
      Hospitality
      $4,230,000
      Educational
      $4,040,000
      Residential Income
      $3,725,000
      Energy
      $4,430,000
      Income-Based Land
      $4,325,000
      Food Service
      $3,590,000

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    South Carolina
    Longitude
    -80.7846
    Latitude
    34.7587
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $52,676
    $39,540
    $119,568
    $159,108
    -
    $659,000
    $1,992,800
    $2,651,800

    Comparable in this City

    • Value Estimation by Request
      22,315 SF

      1616 Charlotte Hwy

      VEHICLE SALES, RENTALS • 22,315 SF
      1616 Charlotte Hwy, Lancaster, SC 29720-6520
      View Details
    • Value Estimation
      $230,000
      8,820 SF

      1277 Great Fls Rd

      VEHICLE SALES, RENTALS • 8,820 SF
      1277 Great Fls Rd, Lancaster, SC 29720-0212
      View Details
    • Value Estimation by Request
      2,736 SF

      514 Mosteller Dr

      SERVICE STATION (FULL SERVICE) • 2,736 SF
      514 Mosteller Dr, Lancaster, SC 29720-9260
      View Details
    • Value Estimation by Request
      4,380 SF

      2145 Old Camden Monroe Hwy

      SERVICE STATION (FULL SERVICE) • 4,380 SF
      2145 Old Camden Monroe Hwy, Lancaster, SC 29720-8961
      View Details
    • Value Estimation by Request
      2,516 SF

      1854 Great Fls Rd

      SERVICE STATION (FULL SERVICE) • 2,516 SF
      1854 Great Fls Rd, Lancaster, SC 29720-0233
      View Details
    • Value Estimation
      $175,000
      11,103 SF

      1207 Lynwood Dr

      SERVICE STATION (FULL SERVICE) • 11,103 SF
      1207 Lynwood Dr, Lancaster, SC 29720-0942
      View Details

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      483.00 Acres

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      Prime SC Industrial Land, Ready to Develop
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    Similar Nearby for Lease

    • Contact for pricing
      2,322 SF

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      Prime Lancaster retail/office, 2322 SF.
      100 Monroe Hwy, Lancaster, SC 29720
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      3,360 SF

      Downtown Lancaster Office Space

      Prime Lancaster SC location, flexible spaces.
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      181,542 SF

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      Retail properties • 181,542 SF
      1256 Highway 9 Byp, Lancaster, SC 29720
      View Details
    • Contact for pricing
      14,400 SF

      University Place Retail Opportunity

      Lancaster, SC: 6,000 SF Available
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    • Contact for pricing
      44,350 SF

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      High-growth Lancaster, SC retail space.
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    • Contact for pricing
      12,800 SF

      University Place Retail Center

      Lancaster, SC: 8,000 SF Available
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      View Details
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    2001 Charlotte Hwy
    Lancaster, SC 29720-8797
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    Realmo Value Estimation

    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.

    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.

    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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