$995,000

About this home

High-Visibility Signalized Commercial Corner | 2.28 Acres | Cheraw, South Carolina Intersection of Highway 9 & State Road | Dual Frontage | Utilities Nearby | Opportunity Zone Presenting a prime development-ready commercial tract located at one of the most traveled intersection in Cheraw, South Carolina. This 2.28-acre parcel sits prominently at the signalized corner of Highway 9 and State Road, offering exceptional visibility, full-motion access, and dual road frontage. Zoned General Commercial and situated within a designated Opportunity Zone, this property is well-positioned for both long-term investment and immediate vertical development. Site Features: The site benefits from a fully signalized intersection with approximately 14,900 vehicles per day (SCDOT 2023). It offers frontage on Highway 9 and State Road. The parcel features flat topography with just a 1-degree+/- slope, requiring minimal grading. Infrastructure is available, including electric service from Duke Energy, nearby access to natural gas, and fiber optic internet. The lot’s nearly rectangular shape supports a variety of site plans, with flexibility for pad-per-parcel or dual-pad development. Additionally, being located in an Opportunity Zone may allow for potential tax deferral or exclusion benefits. Market & Location Intelligence: The property enjoys a strategic location near major commercial and institutional anchors, including Walmart Supercenter, medical offices, and Northeastern Technical College. It is surrounded by national brands such as Taco Bell, Murphy USA, O’Reilly Auto Parts, Burger King, Dollar Tree, and Tidal Wave Car Wash. Within a one-mile radius, there are over 1,000 nearby residential rooftops including multi-family properties and key employers. Several schools lie within a 1.5-mile radius, and a nearby hospital is approximately one mile from the site. The 5-mile radius population is approximately 10,000, with an estimated 5,300+ households and a median household income of around $44,000. Suitable Development Uses Include: This corner site is ideal for a range of commercial uses, including but not limited to: quick-service or fast casual restaurants, retail strip centers, drive-thru concepts, banks or financial services, medical or dental clinics, urgent care facilities, franchise fitness centers, service-based businesses, fuel stations, convenience stores, or mixed-use developments with retail and office or flex space. Additional Development Intelligence: The property is located near a power substation and high-capacity transmission line. There are no known tree canopies or environmental encumbrances on-site. The soil composition is classified as Prime and Statewide Important, supporting stable development. The area also benefits from proximity to large-scale employers and essential service providers. This corner acreage in Cheraw, SC, presents a unique and highly visible opportunity for commercial development. For additional details and supporting documents, please refer to the document section. **DISCLAIMER** Images, documents, and materials are for reference only and may not accurately reflect the property. Government records may not be current; we offer no warranty of accuracy. Photos and descriptions may be AI-enhanced for illustration. Buyer or representative responsible for verifying square footage, taxes, lot size, HOA, covenants & restrictions, zoning and other pertinent information. Data input subject to error.

Property details

MLS

Pee Dee API

MLS #

20253734

Property type

Commercial

Subdivision

N/A

Status

Active

Days on market

366

On market date

N/A

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

2.28 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.