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    Spg Hwy Union, SC 29353

    For Sale
    $1,495,000

    7.25 Acres, Prime Commercial Location, High Growth Area

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional 7.25-acre commercial parcel in Union, South Carolina, presents a unique investment opportunity. Boasting unparalleled visibility from West Springs Highway, this property is ideally suited for a wide range of commercial uses. Its strategic location is further enhanced by its proximity to Union's newest and largest residential developments, encompassing nearly 800 planned lots. This ensures a substantial and growing customer base for any commercial enterprise established on the site. The property's high visibility and access to a burgeoning residential population make it an attractive proposition for businesses seeking strong market penetration. Adding to its appeal, a Class-A commercial tenant is already committed to a site immediately adjacent to the west, further solidifying the area's commercial viability and attracting additional businesses. The property's size and location offer significant development potential, making it an excellent choice for investors seeking a high-return investment in a rapidly growing area. The land is ready for immediate development, presenting a rare opportunity to capitalize on the significant growth potential of this prime commercial location in Union, SC. The asking price is $1,495,000. Serious inquiries only.

    Property Features for Spg Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    315,810 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Union
    County
    Union
    State
    South Carolina
    Longitude
    -81.76287
    Latitude
    34.74532

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    FAQs

    What type of property is this?
    Commercial real estate - 7.25 Acres, Prime Commercial Location, High Growth Area
    Where is this commercial real estate located?
    The property is located at Spg Hwy Union, SC.
    What is the asking price?
    The asking price for this property is $1,495,000.
    (864) 608-0678
    Request Owner's contact information
    Spg Hwy Union, SC 29353
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    Realmo Value Estimation

    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.

    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.

    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
    Spg Hwy Union, SC 29353
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