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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3000 Worldreach Dr Fort Mill, SC 29707-6542

    • Office properties & Spaces
    • 121,378 SF
    • 86.25 lot acres
    OFF-MARKET
    Last Sale
    Dec 15, 2023
    Value Estimations
    $3,315,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-0633078
    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

    • Imagicomm Communications / Television Studio / Media Distribution
    • Inspiration Ministries / Church / Mosque
    • Inspiration TV / Church / Mosque

    Property Details for 3000 Worldreach Dr

    Year built
    2008
    Construction
    STEEL FRAME
    Lot size
    86.25 lot acres
    Property size
    121,378 SF
    Zone code
    RB
    Property type
    Office properties & Spaces
    APN
    0010-00-059.00
    APU
    100005900

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $2,005,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $4,622,000
      Market price range: $4.62M - $20.2M

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Mill
    County
    Lancaster
    State
    South Carolina
    Longitude
    -80.8494
    Latitude
    34.9659
    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
    $186,025
    $62,692
    $401,430
    $464,122
    -
    $1,302,700
    $8,341,452
    $9,644,152

    Comparable in this City

    • Value Estimation by Request
      630 SF

      7624 Charlotte Hwy

      OFFICE (GENERAL) • 630 SF
      7624 Charlotte Hwy, Indian Land, SC 29707-7098
      View Details
    • Value Estimation
      $29,600,000
      176,078 SF

      1102 Red Ventures Dr

      OFFICE (GENERAL) • 176,078 SF
      1102 Red Ventures Dr, Indian Land, SC 29707-5004
      View Details
    • Value Estimation
      $10,410,000
      61,916 SF

      1955 Sharonview Way

      OFFICE (GENERAL) • 61,916 SF
      1955 Sharonview Way, Indian Land, SC 29707-9565
      View Details
    • Value Estimation
      $765,000
      4,564 SF

      9041 Northfield Dr

      OFFICE (GENERAL) • 4,564 SF
      9041 Northfield Dr, Indian Land, SC 29707-6539
      View Details
    • Value Estimation
      $8,825,000
      52,491 SF

      1101 Red Ventures Dr

      OFFICE (GENERAL) • 52,491 SF
      1101 Red Ventures Dr, Indian Land, SC 29707-5005
      View Details
    • Value Estimation
      $6,105,000
      38,326 SF

      1041 Red Ventures Dr

      OFFICE (GENERAL) • 38,326 SF
      1041 Red Ventures Dr, Indian Land, SC 29707-1101
      View Details

    Similar Nearby for Sale

    • $12,900,000
      92,926 SF

      Fort Mill Industrial Property

      92,926 SF Flex/Warehouse, $12.9M
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      View Details
    • Contact for pricing
      1.00 Acre

      The Point: Indian Land Retail

      High-traffic retail & commercial development.
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      92,926 SF

      Versatile Flex, Office, Warehouse Space

      92,926 SF flex, office, and warehouse space for sale.
      11632 Harrisburg Rd, Indian Land, SC 29707
      View Details
    • New
      $1,950,000
      30.00 Acres

      Expansive 30-Acre Land Parcel

      30 acres of raw land in Indian Land, SC.
      Green Pond Rd, Indian Land, SC 29707
      View Details
    • $255,000
      5.40 Acres

      Land in Indian Land, SC

      5.4 acre wooded homesite in a peaceful setting.
      A2 Ander Vincent Rd, Indian Land, SC 29707
      View Details
    • $235,000
      5.00 Acres

      Five-Acre Homesite in Indian Land, SC

      Wooded homesite in a private, convenient location.
      A1 Ander Vincent Rd, Indian Land, SC 29707
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    Similar Nearby for Lease

    • Contact for pricing
      12,500 SF

      ParkStone at Indian Land: Prime Retail Space

      High-profile retail & land, Indian Land.
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      14,496 SF

      Edgewater Corporate Park: Fort Mill, SC

      Class A Medical Office Space Available
      1170 Edgewater Pkwy, Fort Mill, SC 29707
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    • $28 SF/Yr
      1,001 SF

      Finished Office Space For Rent

      Nicely finished office space in Fort Mill's Corporate Center.
      1057 Red Ventures Dr, Fort Mill, SC 29707
      View Details
    • Contact for pricing
      151,500 SF

      Fort Mill Office Space Available

      Class A Office Building, 3 Stories, Multiple Tenancies
      8106 Calvin Hall Rd, Fort Mill, SC 29707
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    • Contact for pricing
      24,990 SF

      Rosemont Park Office Suites

      Fort Mill, SC Office Space Available
      1245 Rosemont Dr, Fort Mill, SC 29707
      View Details
    • $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
      View Details
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    3000 Worldreach Dr
    Fort Mill, SC 29707-6542
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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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