2240' frontage on 4 lane on Hwy 521, 531 frontage on Steel Hill Rd, Once in a lifetime chance to buy the perfect land for commercial development - no HOA. Please note all interested parties must be accompanied by a Realtor. (PLEASE DO NOT DISTURB TENANTS) Indian Land community, Lancaster address located between new Indian Land High School & Millbridge Subdivision, 14 acres +/- at corner of Hwy 521 (approx 2240 feet frontage) and Steel Hill Road (approx 531 feet frontage). Perfect for shopping center, townhomes or apartments..2 water county water taps on property.
Property Details
Property Features
Listing Office:
Office Name: Hawkins Realty Inc.
Office Email: jphawkins@comporium.net
Lot Features
Lot Information:
Lot Size: 14.62 Acres
Other
Directions Information:
Directions: South on Hwy 521 past New Indian Land High School , at corner of Steel Hill and 4 Lane Hwy 521 going South, land ends at Millbridge Subdivision
Price Information
Listing Price Info
Price Summary:
List Price: $1,500,000
Tax Information:
Annual Amount: $1,486
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lancaster, SC.
This property is $1.1M more than the Median Sold Price in Lancaster, SC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #3668232
Listing Office:
Office Name: Hawkins Realty Inc.
Office Email: jphawkins@comporium.net
Listings courtesy of Canopy MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,554
Per Month
Principal & Interest
$7,487
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,564
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Van Wyck Elementary School
4945 Charlotte Hwy
Distance between this listing and this school2.37 miles
Public District Grades PK-5
8
/10
Kensington Elementary School
8701 Kensington Dr
Distance between this listing and this school4.05 miles
Public District Grades KG-5
7
/10
Waxhaw Elementary School
1101 Old Providence Rd
Distance between this listing and this school4.18 miles
Public District Grades KG-5
Nearby Schools
8
/10
Indian Land Middle School
8361 Charlotte Hwy
Distance between this listing and this school5.43 miles
Public District Grades 6-8
8
/10
Marvin Ridge Middle School
2831 Crane Rd
Distance between this listing and this school5.84 miles
Public District Grades 6-8
7
/10
Cuthbertson Middle School
1520 Cuthbertson Rd
Distance between this listing and this school6.71 miles
Public District Grades 6-8
Nearby Schools
1
/10
South Providence
500 S Providence St
Distance between this listing and this school3.92 miles
Public District Grades 6-12
7
/10
Indian Land High School
8063 River Rd
Distance between this listing and this school5.35 miles
Public District Grades 9-12
9
/10
Marvin Ridge High School
2825 Crane Rd
Distance between this listing and this school5.87 miles
The neighbors living near this home have an average income of $40,466. The most common annual income of people living in Lancaster, SC is less than $35k. The majority of families are married, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5987 Charlotte Hwy
What is the listing price of this property?
The listing price of 5987 Charlotte Hwy property is $1,500,000.
What type of property is this?
The property 5987 Charlotte Hwy is land located in Lancaster, South Carolina, 29720.
Is this property for sale now?
Active Listing: 5987 Charlotte Hwy is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,486 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5987 Charlotte Hwy in Lancaster, SC and zip code 29720. This home sits on a 14.62 acre lot. It has been listed on Rocket Homes since July 30, 2021 and is currently priced at $1,500,000.
While more than 14 listings in Lancaster, SC in October 2024 were sold above asking price, there were more than 14 listings sold at asking price, and more than 30 were sold below. In October 2024 in Lancaster, SC there were 5% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $311,125, while the average time on the real estate market was 27 days.
From Rocket Homes Real Estate and based on county public records data.