1474 Charleston HwyOrangeburg, SC 29115
- Retail properties
- 6,400 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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