12703 Lowcountry HwyRuffin, SC 29475

  • Grocery and convenience stores
  • 768 SF
For Sale
$1,150,000 View listing

Property Details for 12703 Lowcountry Hwy

Year built
1975
Lot size
1.00 AC
Property size (Sq ft)
768 SF
Zone code
CC
Property type
Grocery and convenience stores
APN
174-00-00-055.000
APU
1740000055000

Description

This exceptional 5-acre mixed-use property in Ruffin, South Carolina, presents a unique investment opportunity. Located at the high-traffic intersection of Sniders Highway and US Highway 21, this corner lot boasts a majestic oak tree and offers significant commercial and residential potential. The property includes three existing buildings: a 560 sq ft outbuilding, a 784 sq ft cinderblock building, and a large 2930 sq ft metal outbuilding on a concrete slab. A 364 sq ft walk-in refrigerator unit is also included. The majority of the 5-acre lot is cleared, providing ample space for development, while the rear features a stand of timber. The total building square footage is approximately 4,600-4,700 sq ft. The property is being sold "as is," and buyers are encouraged to conduct their own due diligence regarding square footage, utilities, and amenities. This prime location offers endless possibilities for growth and success, making it an ideal investment for discerning buyers. The asking price is $1,150,000. The property address is 12703 Low Country Hwy, Ruffin, SC 29475.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $233,936
    6.5%
    $215,941
    7%
    $200,517
  • Comparable approach

    Method
    Valuation
    Relative Method
    $173,020
    Geo Method
    $327,734
  • Alternative Use

    Use
    Valuation
    Residential
    $182,154
    Hospitality
    $166,852
    Educational
    $138,819
    Medical
    $143,594
    Retail
    $215,941

Location Insight

City
Ruffin
County
Colleton
State
South Carolina
Latitude
32.8901
Longitude
-80.8534
CBSA code
47500
CBSA name
WALTERBORO, 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
2023
$1,683
$13,500
$68,400
$81,900
-
$13,500
$68,400
$81,900

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