507 State Road, Cheraw, SC 29520
Chesterfield County
Key Facts
Description
Prime Development Opportunity in Cheraw – Multiple Lots | One Package Located just off highly desirable State Road, this collection of cleared, mostly level lots offers an exceptional opportunity in one of Cheraw’s established residential areas. Surrounded by hundred homes and within walking distance to the well-loved Arrowhead Park, the property also sits just minutes from shopping, dining, schools, and medical facilities. With utilities nearby and recent clearing and destumping completed, the site is ready for its next chapter. Whether you're exploring options for single-family homes, patio homes, or multi-family development (subject to local zoning), this location supports a variety of possibilities. Adding even more value, this property lies within a federally designated Opportunity Zone—an ideal scenario for investors or builders seeking long-term potential in a growing community. If you're looking for a strategic build site in the heart of Cheraw an estate or multiple homes, this group of lots delivers location, flexibility, and promise. **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 Information
Property Type
Land
Lot Size
2.30 acres
MLS® Listing#
20253864
Property Features
Schools
- Elementary:
- CHERAW PRIMARY
- Middle:
- CHERAW INTERM.
- High:
- CHERAW HIGH
Affordability Calculator
$50,000
Estimated monthly payment
$1,331/mo
Principal $200,000 · Est. interest $279,018 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cheraw, SC
- $241,935
- Median Listing Price
- 74
- Median Days on Market
- 1,904
- Median Sq Ft
- $129
- Median Price / Sq Ft
- 77
- Active Listings
- This home’s price is 3% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cheraw, SC.
Location
- 507 State Road, Cheraw, SC 29520
Points of Interest in Cheraw, SC
Showing the Cheraw area map.
Nearby Schools
Long Middle School
Secondary · 0.5 mi away
Cheraw Primary School
Elementary · 0.7 mi away
Cheraw Intermediate School
Elementary · 0.9 mi away
Faith Christian Academy
School · 1.0 mi away
Cheraw High School
Secondary · 1.0 mi away
St David's School
School · 1.0 mi away
Robert Smalls Elementary School
Elementary · 1.1 mi away
Charity Early Learning Center
School · 2.5 mi away
Jesus Is Lord Christian School
School · 3.7 mi away
Wallace Elementary Middle
Elementary · 3.9 mi away
Chesterfield Ruby Middle School
School · 9.0 mi away
Chesterfield County School Offices
School · 10.9 mi away
Chesterfield High School
Secondary · 11.0 mi away
Edwards Elementary School
Elementary · 12.4 mi away
Bennettsville Intermediate School
Elementary · 13.2 mi away
Bennettsville Primary School
Elementary · 13.3 mi away
Morven Elementary School
Elementary · 13.5 mi away
Chesterfield Ruby Middle School
Secondary · 13.6 mi away
Bennettsville Elementary School
Elementary · 13.8 mi away
Marlboro County School District
School · 13.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1109 W Market St Ext, Cheraw, SC | $175,000 | — | — | 1,800 |
| 44-A Windsor Dr., Cheraw, SC | $180,000 | 3 | — | 1,364 |
| 59 Lynn Ave, Cheraw, SC | $182,500 | 2 | — | 1,102 |
| 1102 Hwy 9 Chesterfield Hwy, Cheraw, SC | $185,000 | — | — | — |
| 292 Longhorn Lane, Cheraw, SC | $189,900 | 3 | 2 | 1,680 |
| 292 Longhorn Lane, Cheraw, SC | $189,900 | 3 | — | 1,680 |
Moving Cost Estimate
EXIT Agents in Cheraw
Listing Courtesy: United Country Real Estate The Michael Group - 8435370286
Presented by: Tonya Michael