9145 Longtown RdRidgeway, SC 29130
- Retail properties
- 2,644 SF
Property Details for 9145 Longtown Rd
- Lot size
- 1.00 AC
- Property size (Sq ft)
- 2,644 SF
- Zone code
- B2
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- 1520000013000
- APU
- 1520000013000
Description
This exceptional commercial property in Ridgeway, South Carolina, presents a lucrative investment opportunity. Encompassing 5,150 square feet across two buildings situated on a 4.46-acre lot at 9145 Longtown Rd, zip code 29130, this property offers diverse income streams and significant expansion potential. Building One, a 2,644-square-foot space, currently houses a fully operational restaurant complete with a hood and grease trap, occupied by a tenant who may consider a lease extension. Building Two, a 2,506-square-foot, two-story structure, features a ground-floor retail space currently occupied by a convenience store. The second floor is adaptable for office space or residential conversion. Adding to the property's value is an operational fuel pump on-site. Approximately one acre is occupied by the buildings, leaving roughly 3.5 acres of additional land available for expansion or future development. The asking price for this multifaceted property is $645,000. This property is zoned for commercial use and offers a unique blend of established businesses and significant development potential. The property's location in Fairfield County provides easy access to major transportation routes and a growing community. This is an ideal opportunity for investors seeking a strong return on investment in a thriving South Carolina market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $542,906
- 6.5%
- $501,144
- 7%
- $465,348
-
Comparable approach
- Method
- Valuation
- Relative Method
- $399,885
- Geo Method
- $1,128,292
-
Alternative Use
- Use
- Valuation
- Residential
- $422,734
- Hospitality
- $387,222
- Educational
- $322,164
- Medical
- $333,244
- Retail
- $501,144
Location Insight
- City
- Ridgeway
- County
- Fairfield
- State
- South Carolina
- Latitude
- 34.3479
- Longitude
- -80.8362
- CBSA code
- 17900
- CBSA name
- COLUMBIA, SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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