Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Unrestricted Land in Travelers Rest Title is generated by Realmo AI

    35026 Dividing Water Road, Travelers Rest, SC 29690

    View on Map
    Claim this Listing
    For Sale
    $349,200

    LAND - Travelers Rest, SC

    Lot size:
    19.40 Acres
    Added:
    Jul 17, 2025
    Days on Market:
    312
    Last Refresh:
    May 24 at 11:06 am

    Property Features for 35026 Dividing Water Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0657.02-01-006.00
    Lot size
    19.40 Acres

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Amy Stone
    Amy Stone

    Listing agent Amy Stone License #108263

    Listing office Real Broker, LLC Rock Hill, SC

    Listing date Jul 17, 2025

    MLS# 1563515 Listing URL

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

    HighLights

    • 19.4 acres of unrestricted land, free from HOA rules.
    • Multiple potential building sites to create your dream home or private retreat.
    • Creek running across the property, a natural water source attracting local wildlife.
    • Enjoy camping, hunting, and ATV riding right on your own land.
    • Located in a coveted area of Greenville County.
    • Additional adjoining 7 acres and double wide mobile home available.

    Overview

    This property features 19.4 acres of unrestricted land, offering ample space and freedom from HOA regulations or restrictions. The land presents multiple potential sites for building a dream home or creating a private retreat. A creek runs across the property, providing a valuable resource for wildlife. The property is located in Greenville County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Real Estate Agency Home Appliance Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Travelers Rest
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.3877688
    Latitude
    35.1116529

    Nearby Similar for Sale

    • $849,000

      Furnished Homes in Travelers Rest

      Four fully furnished homes near Greenville, South Carolina.
      84-86 Benson Road, Travelers Rest, SC 29690
      View Details
    • $849,000

      Furnished Homes in Travelers Rest

      Four fully furnished homes with established short-term rental business.
      84/86 Benson Road, Travelers Rest, SC 29690
      View Details
    • $1,495,000

      Undeveloped Land Near Downtown

      28.86-acre wooded land near downtown Travelers Rest, SC.
      0000028a Tubbs Mountain Road, Travelers Rest, SC 29690
      View Details
    • $500,000

      Land in Travelers Rest, SC

      255-acre sanctuary with mountain views and exclusive amenities.
      200 Chestnut Mountain Road, Travelers Rest, SC 29660
      View Details
    • $1,250,000

      29.77 Acres in Travelers Rest

      Undeveloped wooded land in the Blue Ridge Mountain foothills.
      Burns Road, Travelers Rest, SC 29690
      View Details
    • $389,000

      Mountain View Land in Travelers

      1.39 acre lot with mountain views near Greenville, SC.
      1399 Mountain Summit Road, Travelers Rest, SC 29690
      View Details
    • $399,500

      Waterfront Homesite with Mountain Views

      Scenic homesite overlooking golf course and mountains in Travelers Rest.
      609 Garden Market Drive, Travelers Rest, SC 29690
      View Details
    • $540,000

      Mountain View Homesite in Cliffs

      2.52 acre homesite with long range mountain views.
      1534 Panther Park Trail, Travelers Rest, SC 29690
      View Details
    • $149,000

      Residential Land in Cherokee Valley

      0.61-acre homesite in Travelers Rest's Cherokee Valley Golf Community.
      8 Silkvine Court, Travelers Rest, SC 29690
      View Details
    • $295,000

      Golf Course Homesite in Travelers Rest

      Homesite in gated golf community with mountain views.
      27 Crown Ridge Road, Travelers Rest, SC 29690
      View Details
    • $245,000

      Mountain View Homesite in Gated Community

      Homesite in gated community near Greenville, SC with mountain views.
      18 Angle Stone Way, Travelers Rest, SC 29690
      View Details
    • $239,000

      Cliffs Valley Premier Lot

      1.7-acre lot with long-range views and community amenities.
      1315 Mountain Summit Road, Travelers Rest, SC 29690
      View Details

    FAQs

    What type of property is this?
    Land - 19.4 acres of unrestricted land perfect for recreation.
    Where is this land located?
    The property is located at 35026 Dividing Water Road Travelers Rest, SC.
    What is the asking price?
    The asking price for this property is $349,200.
    What are key features of this property?
    This property features: 19.4 acres of unrestricted land, free from HOA rules.; Multiple potential building sites to create your dream home or private retreat.; Creek running across the property, a natural water source attracting local wildlife.
    (864) 385-8180
    We can help!
    Listing Contact
    Amy Stone
    Amy Stone
    Real Estate License ID: 108263
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    35026 Dividing Water Road, Travelers Rest, SC 29690
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!