1474 Charleston HwyOrangeburg, SC 29115

  • Retail properties
  • 6,400 SF
For Sale
$475,000 View listing

Property Details for 1474 Charleston Hwy

Year built
1980
Construction
CONCRETE
Lot size
2.22 AC
Property size (Sq ft)
6,400 SF
Property type
Retail properties
Property subtype
Retail space
APN
0172-11-05-014
APU
1721105014

Description

This exceptional 2.22-acre commercial property, located at 1474 Charleston Highway in Orangeburg, South Carolina, presents a significant investment opportunity. The expansive lot offers unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. Its strategic location along Charleston Highway ensures high traffic volume and prominent exposure to potential customers. The property's generous size allows for ample development potential, accommodating various building sizes and configurations to suit diverse business needs. This is a blank canvas for entrepreneurs seeking to establish a strong presence in a thriving Orangeburg market. The asking price of $475,000 reflects the significant value and potential return on investment this property offers. Given its size, location, and development possibilities, this property is poised for substantial growth and profitability. Serious inquiries are encouraged to explore the possibilities and secure this prime commercial land. The property is classified as General Commercial and is ready for immediate development or lease. Its location in Orangeburg provides access to a robust local economy and a growing population. Don't miss this chance to acquire a highly visible and versatile commercial property in a desirable South Carolina location. The property's size and location make it an attractive option for businesses seeking to expand or establish a new presence in the area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,327,697
    6.5%
    $1,225,566
    7%
    $1,138,026
  • Comparable approach

    Method
    Valuation
    Relative Method
    $918,354
    Geo Method
    $2,731,116
  • Alternative Use

    Use
    Valuation
    Residential
    $1,033,811
    Hospitality
    $946,966
    Educational
    $787,864
    Medical
    $814,960
    Retail
    $1,225,566
1474 Charleston Hwy, Orangeburg, South Carolina

Location Insight

City
Orangeburg
County
Orangeburg
State
South Carolina
Latitude
33.4729
Longitude
-80.8516
CBSA code
36700
CBSA name
ORANGEBURG, SC MICROPOLITAN 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
0
-
$6,962
$13,638
$20,600
-
$116,040
$227,300
$343,340

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