Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    277 Tribal Rd Blacksburg, SC 29702

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,500,000

    66.66+/- acres of land fronting Tribal Road near I-85.

    Property size:
    1,200 SF

    Property Features for 277 Tribal Rd

    General Information

    Standard status
    Active
    Zoning
    None
    Size
    1,200 SF

    We can help!

    Listing Contact
    Elizabeth Belenchia Ccim
    Elizabeth Belenchia Ccim
    Source: Crexi

    Listing Agency: Carroll Properties Corporation Listing Agent: Elizabeth Belenchia Ccim

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

    Learn more

    Overview

    66.66 Acres Near I-85

    This property features approximately 66.66 acres, the exact size to be determined by survey. It fronts Tribal Road, situated less than one mile from I-85 at Exit 104 in Cherokee County, South Carolina, and is located within an Opportunity Zone. The property currently has no zoning restrictions. The road has been recently widened and upgraded to accommodate truck traffic. Utilities available include a 10-inch water line, a 6-inch natural gas line, Broad River Electric Co-op and Duke Energy power, fiber optic internet by ATT, and sanitary sewer access. The land, a family farm since 1945, is gently rolling and currently used as a cattle farm, which will be vacated. Norfolk Southern Railroad is located at the rear of the property. The site is located 30 miles from Charlotte, NC.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Big Box & Wholesale Store Auto Repair Shop Department Store Discount Store Pet Grooming Service Parking Lot & Garage

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

    Location Insight

    • Map
    • Local Demand
    City
    Blacksburg
    County
    Cherokee
    State
    South Carolina
    Longitude
    -81.47431
    Latitude
    35.14743

    Nearby Similar for Sale

    • $459,000

      Industrial Flex Building For Sale

      5000 SF industrial flex building with potential uses.
      1348 Blacksburg Hwy, Blacksburg, SC 29702
      View Details
    • Contact for pricing

      Blacksburg Commercial Buildings For Sale

      Two commercial buildings on a 3.2 acre parcel.
      440 E Cherokee St, Blacksburg, SC 29702
      View Details
    • $550,000
      23.95 Acres

      Blacksburg Commercial Land Investment

      23.95 Acres, I-85 Frontage, High Visibility
      00 Mill Creek Rd, Blacksburg, SC 29702
      View Details
    • Contact for pricing

      Rolling Hills RV Park Opportunity

      RV Park with expansion potential near I-85.
      2088 Shelby Hwy, Blacksburg, SC 29702
      View Details
    • $2,500,000
      43,466 SF

      Blacksburg Office/Industrial Space

      ±1,600 sq ft Office, Sale or Lease in SC
      124 N Charleston St, Blacksburg, SC 29702
      View Details
    • Contact for pricing

      Rolling Hills RV Park For Sale

      RV Park with expansion potential near I-85.
      2088 Shelby Hwy, Blacksburg, SC 29702
      View Details
    • $60,000
      2.00 Acres

      Blacksburg Commercial Land - Hwy 5

      Prime 2-acre commercial lot, I-85 access.
      2+/- Ac Commercial York Rd, Blacksburg, SC 29702
      View Details
    • $50,000
      2.00 Acres

      Blacksburg Commercial Land - 2 Acres

      Highway 5 Commercial Lot, Zoned to Suit
      2+/- Ac Commercial York Rd, Blacksburg, SC 29702
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 66.66+/- acres of land fronting Tribal Road near I-85.
    Where is this agricultural land / farmland located?
    The property is located at 277 Tribal Rd Blacksburg, SC.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - 66.66+/- acres with no zoning and high development potential.; - Located in an Opportunity Zone in Cherokee County, SC.; - Excellent access: Frontage on Tribal Road less than one mile from I-85 (Exit 104).
    (864) 949-5250
    Request Owner's contact information
    277 Tribal Rd Blacksburg, SC 29702
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    277 Tribal Rd
    Blacksburg, SC 29702
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    277 Tribal Rd Blacksburg, SC 29702
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Elizabeth Belenchia Ccim
    Elizabeth Belenchia Ccim
    Real Estate License ID: 2774
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!