4240 Old York Rd Rock Hill, SC 29732
This exceptional 3.189-acre commercial land parcel presents a compelling development opportunity in Rock Hill, South Carolina's burgeoning York County. Located at 4240 Old York Rd, 29732, this property boasts 317+ feet of road frontage on a high-traffic road (35,700 vehicles per day) and benefits from level topography, simplifying development. The site is strategically positioned across from the new Aspen Business Park, a 205-acre industrial park anticipated to generate over 2,000 new jobs. Its proximity to major retailers like Walmart, Aldi's, Bojangles, Burger King, and Ollie's further enhances its appeal. A preliminary soil evaluation has been completed, although a commercial septic system will be required. This location is experiencing remarkable growth, significantly outpacing both state and national averages. Within a 5-mile radius, population growth stands at 1.87% compared to 1.28% statewide and 0.72% nationally. Household growth mirrors this trend, with a 1.94% increase locally versus 1.30% statewide and 0.72% nationally. The property is zoned GC and has an asking price of $485,000 ($152,085/acre). The parcel's APN is 5440000021.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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