2875 Cherry RdRock Hill, SC 29730

  • Other commercial real estate
  • 4,077 SF
For Lease
$135,000/SF/YR View listing

Property Details for 2875 Cherry Rd

Lot size
2.13 AC
Property size (Sq ft)
4,077 SF
Property type
Other commercial real estate
APN
662-07-01-330
APU
6620701330

Description

Four parcels available on Cherry Road in Rock Hill, SC, directly across from the thriving Riverwalk development. These properties offer both ground lease and purchase options, presenting a unique investment opportunity in a high-traffic area. Each parcel ranges from one to two acres, providing ample space for various retail developments. The location boasts excellent visibility and accessibility, situated on a signalized corner of a rapidly growing corridor. The sites are already rough-graded, and essential infrastructure, including sewer and stormwater systems, is readily available. This prime location benefits from a strong average household income of $81,018 within a five-mile radius, indicating significant consumer spending power and a robust market for retail businesses. The parcels present a compelling opportunity for developers and investors seeking high-visibility retail space in a dynamic and expanding area of South Carolina. The proximity to the successful Riverwalk development further enhances the appeal of this location, offering potential synergy and increased foot traffic. This is an exceptional chance to establish a retail presence in a thriving community with strong demographics and excellent infrastructure support. Serious inquiries are encouraged to explore the potential of these strategically located parcels.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,533,293
    Hospitality
    $1,404,488
    Educational
    $1,168,518
    Medical
    $1,208,705
    Retail
    $1,817,694
2875 Cherry Rd, Rock Hill, South Carolina

Location Insight

City
Rock Hill
County
York
State
South Carolina
Latitude
34.9798
Longitude
-80.9808
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
$25,401
$57,312
-
$57,312
-
$955,200
-
$955,200

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