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    802 Buck Shoals Rd Gaffney, SC 29341

    For Sale
    $99,000

    Versatile Commercial Building, 1.6 Acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 1.6-acre commercial property in Gaffney, South Carolina, presents a unique investment opportunity. Currently configured as a convenience store and restaurant, this versatile space offers significant potential for expansion or the launch of a new business venture. A separate retail area, previously used as a pawn shop, is readily adaptable into office space or additional retail area, providing flexibility for diverse business needs. The property includes substantial warehouse storage, ensuring ample room for inventory or equipment. Two attached sheds and a standalone shed provide even more storage capacity. Security features include a fully fenced perimeter and gated entrances. This property is ideally suited for investors seeking a strong return or entrepreneurs looking for a ready-made space to establish their business. The property is being sold via online auction with a starting bid of $99,000. A 5% buyer's premium will be added to the final purchase price. A non-refundable deposit of $5,000 is required from the winning bidder, with a 30-day closing period. Any offers submitted prior to the auction's closing date will be considered as bids. Don't miss this chance to acquire a prime commercial property in a desirable location.

    Property Features for 802 Buck Shoals Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    69,696 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Kace Environmental Environmental Consultant

    Suggested Use

    Department Store Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gaffney
    County
    CherokeeSC
    State
    South Carolina
    Longitude
    -81.75826
    Latitude
    35.15932

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Commercial Building, 1.6 Acres
    Where is this commercial real estate located?
    The property is located at 802 Buck Shoals Rd Gaffney, SC.
    What is the asking price?
    The asking price for this property is $99,000.
    (704) 659-1185
    Request Owner's contact information
    802 Buck Shoals Rd Gaffney, SC 29341
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    Gaffney, SC 29341
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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
    802 Buck Shoals Rd Gaffney, SC 29341
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