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    1632 Cokesbury Rd Greenwood, SC 29649

    Sponsored
    For Sale
    $100,000

    High-traffic location, flexible zoning, great potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 1.3-acre commercial property at 1632 Cokesbury Road, Greenwood, SC, presents a remarkable investment opportunity. Zoned OP-1/R-4 (Office Professional/Residential-Medium density), it offers flexible usage potential, including multifamily dwellings, single-family attached units, or commercial ventures. The building boasts approximately 2,006 square feet of open floor space, featuring new wood framing, a walk-in ground bay with a new garage door, and four large dry rooms (approximately 144 sq ft total). Three bathrooms (two outdoor, one indoor) and two additional rooms (approximately 122 sq ft total) add to its versatility. Multiple entrances enhance accessibility. The property benefits from recently installed infrastructure, including a new DHEC-approved septic tank and lines, a new grease trap, and city water lines. Its prime location, just five minutes from Lander University, adjacent to Greenwood High School, and near an approved master-planned residential community (188 homes), ensures high visibility and potential for growth. The high traffic count of over 23,000 vehicles daily at the intersection of Hwy 72 and Hwy 25 further enhances its appeal. The developing Grace Street Park is only 1.2 miles away, adding to the area's desirability. This property is priced at $100,000.

    Property Features for 1632 Cokesbury Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    56,628 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Greenwood
    State
    South Carolina
    Longitude
    -82.17529
    Latitude
    34.22745

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, flexible zoning, great potential.
    Where is this commercial real estate located?
    The property is located at 1632 Cokesbury Rd Greenwood, SC.
    What is the asking price?
    The asking price for this property is $100,000.
    (864) 504-2068
    Request Owner's contact information
    1632 Cokesbury Rd Greenwood, SC 29649
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    Greenwood, SC 29649
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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
    1632 Cokesbury Rd Greenwood, SC 29649
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