1000 Chesterfield Highway
Cheraw, SC, 29520 $ 995,000
Baths0.0 Monthly Estimate*
$ 6,208
Studio for $995,000. The lot size is 2.28.
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.
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FeaturesGeneralUtilities Other/See Remarks
Topography Other/See Remarks
Property Subtype Commercial
Current Use Acreage Commercial Development
Parcel Number 243000003043
County Chesterfield
New Construction N
Property Type Land
HOA N
Attached Garage N
Possible Use Other/See Remarks
Garage Y/N N
Other Structures None
Status Active
High School Cheraw High
City Cheraw
Senior Community Y/N N
Zoning Description Gen Comm
MLS Area Cheraw
Lot Size Units Acres
Lot Size Square Feet 99316.8
Carport Y/N N
Elementary School Cheraw Primary
Property Attached Y/N N
Tax Annual Amount 4731
Middle/Junior High School Cheraw Interm.
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Freehold IDX
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ExteriorLot Size Area 2.28
Spa N
Lot Size Acres 2.28
Waterfront Y/N N
Road Frontage Type County Road Other/See Remarks
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InteriorAir Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
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* Excluded FeaturesList ByTonya H MichaelListing Agent
United Country Real Estate The Michael GroupBroker
tonyamichael@unitedcountrymichaelgroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,208
- Monthly Property Taxes
- $394
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Cheraw, SC
Average List Price $175,358
Percent of Sale Price 82%
About Cheraw, SC 5,586 Population
-2% Since 2002
$ 35,066 Median Income
41.73 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
2055148 Elementary School
2055154 Middle School
Cheraw High High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/2/2025 | $995,000 | | Listed Price |