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This 2. 84+/- acre commercial property presents a strong development and investment opportunity in a highly accessible and visible location along Hwy 301 - Five Chop Rd. With approximately 238 feet of road frontage, the parcel offers excellent exposure for a wide range of commercial uses, including retail, office space, or service-based businesses that benefit from consistent traffic flow. Positioned just over 2 miles outside of downtown Orangeburg, this property provides convenient proximity to local businesses, services, and workforce access while maintaining the visibility and ease of access that a highway location delivers. In addition, the tract is approximately an hour drive from both Charleston and Columbia, placing it within reach of two of South Carolina's major economic hubs. This strategic location enhances both customer accessibility and long-term investment appeal. The property is zoned commercial, allowing for a streamlined path toward development. One of its standout features is the existing billboard situated near the roadway. This structure offers immediate income potential through leasing or can be utilized as high-impact signage for an on-site business. This added feature provides both functional and financial value. All major utilities are available at the road, including water, sewer, gas, and electric, reducing development costs and simplifying infrastructure planning. The land is predominantly flat and usable, supporting efficient site design and construction for a variety of commercial layouts. The manageable size of this 2. 84+/- acre tract makes it suitable for a wide range of buyers, from business owners seeking a new location to investors looking for a well-positioned commercial asset with income potential. Its combination of highway frontage, utility access, existing infrastructure, and proximity to key cities makes it a practical and appealing choice in today's market. If you are seeking a commercial property with strong visibility, accessibility, and development potential in the Orangeburg area, this tract offers the essential features needed to move forward with confidence.
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Our Executive Mortgage Banker:
$250,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $200,000 | $200,000 | $200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.634% | 6.890% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,231 | $1,297 | $1,674 |
| Total Monthly Payment | $1,306 | $1,372 | $1,749 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.