505 Piedmont St Westminster, SC 29693
This 1.23-acre commercial lot, located at 505 S Piedmont St, Westminster, SC, presents a unique development opportunity. Situated on Highway 123, the property boasts an impressive approximate annual average daily traffic count of 13,100 vehicles. Previously occupied by a single-family home, the land is now undeveloped and ready for new construction. The parcel offers significant advantages, including readily available utilities in the adjacent row, making infrastructure connection straightforward. Zoned for commercial use in Oconee County, this site is ideally positioned to capitalize on the high traffic volume. A new Spinx convenience store is planned for development less than a quarter-mile away, further enhancing the property's desirability and potential for increased foot traffic. The property is available for sale, ground lease, or build-to-suit options. The year the previous structure was built was 1950. This prime location offers exceptional visibility and accessibility, making it an attractive investment for a variety of commercial ventures. The property's size and location make it suitable for a range of commercial developments, capitalizing on the area's growth and high traffic counts. Contact for details.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.