445 By Pass 123Seneca, SC 29678

Property Details for 445 By Pass 123

Year built

1997

Lot size

0.52 AC

Property size (Sq ft)

3,400 SF

Property type

Retail space

APN

520-13-02-014

APU

5201302014

Description

This exceptional 8,000 square foot commercial property, located at 445 By Pass 123 in Seneca, South Carolina, presents a unique investment opportunity. Currently vacant, the existing structure is a ten-bay automotive shop, offering immediate potential for an owner-user in the automotive repair industry. Alternatively, the property's zoning permits redevelopment, making it ideal for a fast-food restaurant or similar commercial venture. Situated on a 0.52-acre lot, the property boasts a prime location on By Pass 123, offering excellent visibility and accessibility. The asking price is $900,000, translating to $112.50 per square foot. The property is zoned for commercial use, providing flexibility for a variety of businesses. Its proximity to Lake Keowee adds significant appeal, attracting both local residents and tourists. This versatile property offers a compelling combination of existing infrastructure and redevelopment potential, making it an attractive investment for discerning buyers seeking a high-return opportunity in a desirable location. The property is ready for immediate occupancy or redevelopment, presenting a rare chance to capitalize on a thriving market. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,278,652

  6.5%

  $1,180,294

  7%

  $1,095,987

• Comparable approach

  Method

  Valuation

  Relative Method

  $705,403

  Geo Method

  $705,403

• Alternative Use

  Use

  Valuation

  Residential

  $995,622

  Hospitality

  $911,985

  Educational

  $758,760

  Medical

  $784,855

  Retail

  $1,180,294

Location Insight

City

Seneca

County

Oconee

State

South Carolina

Latitude

34.6971

Longitude

-82.9455

CBSA code

42860

CBSA name

SENECA, SC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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