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    402 Cedar Lane Rd Greenville, SC 29611

    Sponsored
    For Sale
    $145,000

    High-potential Greenville commercial building, adjacent parking.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    345
    This exceptional investment opportunity presents a 0.15-acre commercial property located at 402 Cedar Lane Road in Greenville, South Carolina. Priced at $145,000, the property offers significant potential for redevelopment or repurposing. The building features exposed brick interior walls, adding character and charm. A key advantage is the inclusion of an adjacent parking lot, a valuable asset for any commercial venture. The property's strategic location offers excellent visibility and accessibility, situated a short distance from the popular Swamp Rabbit Trail and the Swamp Rabbit Grocery and Cafe, ensuring high foot traffic and potential customer base. Nearby, a recently renovated building showcases the transformative potential of similar structures in the area, demonstrating the viability of a successful restoration project. This property is ideal for investors seeking a project with high upside potential in a desirable Greenville location. The property's proximity to the Swamp Rabbit Trail and local amenities makes it an attractive location for a variety of commercial uses. The existing structure provides a solid foundation for a creative renovation, capitalizing on the building's unique features and prime location. This is a rare opportunity to acquire a commercial property with significant potential in a thriving Greenville neighborhood. Serious inquiries are encouraged.

    Property Features for 402 Cedar Lane Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    6,534 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.42478
    Latitude
    34.87042

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    FAQs

    What type of property is this?
    Commercial real estate - High-potential Greenville commercial building, adjacent parking.
    Where is this commercial real estate located?
    The property is located at 402 Cedar Lane Rd Greenville, SC.
    What is the asking price?
    The asking price for this property is $145,000.
    (864) 449-2455
    Request Owner's contact information
    402 Cedar Lane Rd Greenville, SC 29611
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    Greenville, SC 29611
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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
    402 Cedar Lane Rd Greenville, SC 29611
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