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2640 Cherry Rd.- 2.8 Acres - 2.8 AC Development Site in Rock Hill, SC

2.8 Acres of Commercial Land Offered at $2,775,000 in Rock Hill, SC 29730

Investment Highlights

  • 24,400 Vehicles per day
  • Zoned for Commercial Use
  • Right off I-77 (71,900 VPD)

Executive Summary

The Finem Group at Meybohm Commercial is proud to exclusively present this 2.8 Acre development site for sale or ground lease in Rock Hill, SC.
This property is a portion of the parcel occupied by the Ramada by Wyndham Hotel. The leftmost side of the hotel, currently containing a restaurant space, would be included in the sale. The property is available in whole or in part. It is expected for the Buyer to pay for the cost of the demolition of the restaurant.
The property is accessible on both Celriver and Cherry rd, with a DTC of 24,400 on Cherry, 14,200 on Celriver, and 71,900 on I-77. This site is directly off I-77 and benefits from access to both of its exits: The one on Cherry Rd and the one on Celanese Rd. The property is located in a growing area with an increasing amount of new commercial and residential development in just the past two years.
This site is zoned Community Commercial: "The CC district is established and intended to provide lands for business uses that provide goods and services to residents of the entire community, including shopping centers and large retail establishments."
For more information on zoning click here:
https://www.cityofrockhill.com/home/showpublisheddocument/2065/638138729035270000
Located off exit 82 on I-77, this site is located in a premium location. With over 24,400 VPD on Cherry Rd and over 71,000 VPD passing the site via I-77, this site has ideal traffic counts for any potential use case.
Rock Hill, SC is a suburb of Charlotte and is part of the greater MSA. This site is a 30-minute drive from downtown Charlotte. Located approximately 1 mile from the Catawba River which is an area that has expanded in its own right over the past couple of years with new apartments and single-family homes being built.
This site is surrounded by a strong retail synergy consisting of Publix, Home Depot, 7-11, Quick Trip, Circle K, Aldi, Lidl, Chick-fil-a, Harbor Freight Tools, Freddy's Burgers, Mcdonalds, Cookout, Dunkin Donuts, and much more.
The I-77 corridor runs through Charlotte, NC and, Columbia, SC (State Capital). The drive is only about an hour from Rock Hill to Columbia meaning this city is within an hour of two of the largest cities in the Carolinas.

Property Facts

Price $2,775,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 2.80 AC

1 Lot Available

Lot

Price $2,775,000
Price Per AC $991,071
Lot Size 2.80 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6620701066
Land Assessment
$136,500
Improvements Assessment
$28,086
Total Assessment
$164,586

zoning

Zoning Code Community Commercial
Community Commercial
  • Listing ID: 28860247

  • Date on Market: 6/27/2023

  • Last Updated:

  • Address: 2640 Cherry Rd.- 2.8 Acres, Rock Hill, SC 29730

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