10295 Lynches River RdLynchburg, SC 29080

Property Details for 10295 Lynches River Rd

Year built

1970

Construction

METAL FRAME

Lot size

0.79 AC

Property size (Sq ft)

2,658 SF

Zone code

AC

Property type

Retail properties

Property subtype

Retail space

APN

365-00-03-005

APU

3650003005

Description

This exceptional commercial property, located at 10295 Lynches River Road in Lynchburg, South Carolina, presents a unique investment opportunity. The 1,444 square foot convenience store sits on a 0.78-acre lot, enjoying a prime location just a quarter-mile from I-95, ensuring high visibility and consistent customer traffic. The business recently closed, but some inventory remains, and all utilities are still connected. The seller is highly motivated and open to reasonable offers. This presents a rare chance to acquire a well-established business with significant upside potential. The property boasts several recent upgrades, including a new roof, updated plumbing, a private office, and restrooms. Furthermore, the store features large, unused coolers and a separate, unused deli setup, offering significant expansion possibilities. New gas pumps were installed in 2021, adding another revenue stream. The property benefits from a very active local neighborhood clientele and enjoys a strategic position with minimal competition in the immediate area. This turnkey operation is ready for a new owner to capitalize on its existing infrastructure and strong location. The seller's motivation ensures a potentially favorable transaction for a discerning buyer. This is an excellent opportunity to acquire a profitable business in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $543,985

  6.5%

  $502,140

  7%

  $466,273

• Comparable approach

  Method

  Valuation

  Relative Method

  $397,688

  Geo Method

  $1,134,266

• Alternative Use

  Use

  Valuation

  Residential

  $423,574

  Hospitality

  $387,992

  Educational

  $322,804

  Medical

  $333,906

  Retail

  $502,140

Location Insight

City

Lynchburg

County

Sumter

State

South Carolina

Latitude

34.0238

Longitude

-79.9858

CBSA code

44940

CBSA name

SUMTER, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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