2581 Lancaster HwyChester, SC 29706

  • Commercial real estate
  • 3.39 AC
For Sale
$700,000 View listing

Property Details for 2581 Lancaster Hwy

Lot size
3.39 AC
Property type
Commercial real estate
APN
106-00-00-073-000
APU
1060000073000

Description

This exceptional 10-acre commercial land parcel, priced at $700,000, presents a prime development opportunity in the rapidly expanding Chester/Richburg, South Carolina area. Located at 2581 Lancaster Highway, Chester, SC 29706, this property boasts over 500 feet of road frontage on Lancaster Highway, ensuring high visibility and convenient access. Its strategic location offers easy connectivity to I-77 Exit 65, placing it within minutes of Charlotte, NC, Rock Hill, SC, and Columbia, SC, leveraging major transportation corridors. The property is zoned ID-2, and is suitable for a wide range of commercial, industrial, or institutional developments, including office, retail, auto, warehouse, and distribution uses. While the listed price is for 10 acres, additional acreage (up to 17+ acres) may be available to accommodate larger projects, contingent upon demand and specific requirements. This is a must-see property for developers and investors seeking a strategic location with significant growth potential in a thriving South Carolina market. Zoning regulations may vary depending on the intended use; interested parties should conduct their own due diligence to confirm suitability for their specific project.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $55,716,308
    Hospitality
    $51,035,840
    Educational
    $42,461,220
    Medical
    $43,921,524
    Retail
    $66,050,784

Location Insight

City
Chester
County
Chester
State
South Carolina
Latitude
34.7528
Longitude
-81.0699
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN 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
$5,178
$5,380
$6,060
$11,440
-
-
$112,790
$112,790

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