Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2120 Gap Creek Rd Greer, SC 29651

    View on Map
    Sponsored
    For Sale
    $77,900

    Residential Lot - Greer, SC

    Lot size:
    0.69 Acres
    Days on Market:
    10
    Last Refresh:
    Mar 28 at 3:06 am

    Property Features for 2120 Gap Creek Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Exterior features
    Pasture, Sloping
    Lot size
    0.69 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Sara Lyme

    Keller Williams Realty Spartanburg Partners

    Listing agent Sara Lyme License #141076

    Listing date Mar 19, 2026

    MLS# 331187 Listing URL

    Copyright © 2026 Spartanburg Association of REALTORS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Lot Near Greer Amenities

    This 0.69-acre homesite features mature loblolly pines and views overlooking a pond. The property has been graded with a gentle slope. It is located minutes from downtown Greer, shopping, dining, and other amenities. Situated across from the Greer Country Club Golf Course, the lot offers a combination of natural beauty and accessibility. The property will require an engineered septic system for a 2-bedroom, 2-bathroom home. The property is located in Greer, Spartanburg County, South Carolina.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Auto Repair Shop Big Box & Wholesale Store Daycare Center Grocery & Convenience Store Food Market HVAC Service Discount Store Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greer
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.21566
    Latitude
    34.9786

    Nearby Similar for Sale

    • $1,600,000
      0.63 Acres

      Adaptable Commercial Building on Wade Hampton

      Freestanding 13,600 SF commercial building with multi-occupancy flexibility.
      14629 E Wade Hampton Blvd, Greer, SC 29651
      View Details
    • $525,000
      2.53 Acres

      Greer Duplex on Large Lot

      Duplex on 2.53 acres, multi-generational living, multiple garages.
      1514 Clement Rd, Greer, SC 29650
      View Details
    • $525,000
      2.53 Acres

      Greer Duplex on Large Lot

      Duplex on 2.53 acres, multi-generational living, multiple garages.
      1514 Clement Rd, Greer, SC 29650
      View Details
    • $499,900
      0.18 Acres

      Updated Triplex in Greer

      Well-maintained triplex with income potential near Wade Hampton Boulevard.
      101 Burch Dr, Greer, SC 29651
      View Details
    • Contact for pricing
      1.63 Acres

      Office Space with Included Utilities

      Office space for sale with utilities and shared amenities.
      552 Memorial Drive Ext, Greer, SC 29651
      View Details
    • Contact for pricing

      Retail Development on Brushy Creek

      New retail development in a residential area of Greenville, SC.
      3130 Brushy Creek Rd, Greer, SC 29650
      View Details
    • Contact for pricing

      Class A Distribution Facility

      263,500 SF Class A distribution facility in Greer, SC.
      1080 Freeman Farm Rd, Greer, SC 29651
      View Details
    • Contact for pricing
      10,000 SF

      Greer SC Industrial/Flex Space

      10,000 SF industrial/flex space near GSP Airport.
      175 Brookshire Rd, Greer, SC 29651
      View Details
    • Contact for pricing
      3,360 SF

      Office Suites in Greer, SC

      Office suites for sale in Greer, South Carolina.
      1305 W Poinsett St, Greer, SC 29650
      View Details
    • $1,700,000
      9,700 SF

      Office/Warehouse Space with Basement

      9,700 SF office/warehouse with basement and recent improvements.
      2607 Highway 14 S, Greer, SC 29650
      View Details
    • Contact for pricing
      1,442 SF

      Remodeled Office Space Near Downtown

      Charming, remodeled office space suitable for medical or professional services.
      106 Memorial Dr, Greer, SC 29650
      View Details
    • $399,900
      2.65 Acres

      Prime Greer Commercial Land

      High-traffic location, 2.65 acres, multiple uses.
      1109 Main St, Greer, SC 29651
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.69-acre homesite near downtown Greer, shopping, dining, and golf.
    Where is this residential land & home lot located?
    The property is located at 2120 Gap Creek Rd Greer, SC.
    What is the asking price?
    The asking price for this property is $77,900.
    What are key features of this property?
    This property features: - Large .69-acre homesite with mature trees and pond views.; - Prime location minutes from downtown Greer, shopping, and dining.; - Situated directly across from the Greer Country Club Golf Course.
    (864) 574-6000
    Request Owner's contact information
    2120 Gap Creek Rd Greer, SC 29651
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2120 Gap Creek Rd
    Greer, SC 29651
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2120 Gap Creek Rd Greer, SC 29651
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Sara Lyme
    Real Estate License ID: 141076
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!