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    116 Mount Pleasant Rd Spartanburg, SC 29307

    For Sale
    $475,000

    Excellent retail development opportunity with multiple access points.

    Lot size:
    1.25 Acres

    Property Features for 116 Mount Pleasant Rd

    General Information

    Lot size
    1.25 Acres

    Source: NAI Earle Furman - Corporate Agent Geoff Beans

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Development Opportunity in Spartanburg

    This property presents an excellent retail development opportunity in northern Spartanburg. It benefits from multiple access points within a shopping center environment. The location is surrounded by a variety of established retailers, including Bojangles, McDonalds, Ingles, Quick Trip, Waffle House, and Starbucks. The site experiences a traffic count of approximately 19,148 vehicles per day. Situated directly off exit 78 of I-85, the location benefits from a high traffic volume of approximately 66,640 vehicles per day on the interstate.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.89355
    Latitude
    35.023605

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    FAQs

    What type of property is this?
    Commercial land - Excellent retail development opportunity with multiple access points.
    Where is this commercial land located?
    The property is located at 116 Mount Pleasant Rd Spartanburg, SC.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Excellent retail development opportunity with high visibility right off exit 78 of I-85 (Traffic Count: +- 66,640 VPD).; - High traffic count of +- 19,148 VPD at the property itself.; - Multiple access points from shopping center.
    (419) 913-6903
    Request Owner's contact information
    116 Mount Pleasant Rd Spartanburg, SC 29307
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    Spartanburg, SC 29307
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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
    116 Mount Pleasant Rd Spartanburg, SC 29307
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