42-Unit Multifamily Development
For Sale
Contact for pricing
3505 Augusta Rd, Greenville, SC 29605
Development-ready multifamily site with entitlements and third-party reports for a single three-story building.
Property Size40,251 SF
Price / SF$22.36
Days on Market74
Property Features for 3505 Augusta Rd
General Information
Standard status
Active
Size
40,251 SF
Class
A
Property subtype
Multifamily, Land
Zoning
MX-3
Additional Details
Multifamily Units
42
Building Details
Buildings
1
Stories
3
Units
63
Listing Agency:
Equity Real Estate (American Fork)
Listed By:
Porter Christensen · License #UT 11976924-SA00
Source:
Crexi
Added: Jun 4
Changed: Aug 14
Last Checked: Aug 14 at 7:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Real Estate (American Fork)
Investment Insights
Based on property information with market context.
The offering is a 42-unit multifamily development site designed as one three-story apartment building. Third-party reports, engineering, and architectural work are included, representing approximately $200,000 in completed predevelopment deliverables. The sale package includes a Phase I Environmental Assessment, geotechnical report, fire flow test, ALTA survey, tree survey, plat, civil engineering plans, landscape plans, architectural plans, building renderings, and floor plans.
The site is located on Augusta Road in Greenville, described as a prominent gateway corridor within a residential growth area. It is positioned less than one mile from major retail centers, grocery stores, restaurants, and everyday services. Entitlement and plan approvals were obtained in late 2022 for site and civil planning, with building plan approvals secured in early 2023. Certain approvals have since expired and will require resubmission, with building plan updates potentially needed to comply with current code requirements.
For developers and investors seeking a multifamily project with a completed entitlement history and documented due diligence, this package reduces upfront third-party and design costs and may shorten the path to permit reapproval and construction. Prospective buyers should plan for the resubmission process tied to expired approvals and any code-driven updates.
The site is located on Augusta Road in Greenville, described as a prominent gateway corridor within a residential growth area. It is positioned less than one mile from major retail centers, grocery stores, restaurants, and everyday services. Entitlement and plan approvals were obtained in late 2022 for site and civil planning, with building plan approvals secured in early 2023. Certain approvals have since expired and will require resubmission, with building plan updates potentially needed to comply with current code requirements.
For developers and investors seeking a multifamily project with a completed entitlement history and documented due diligence, this package reduces upfront third-party and design costs and may shorten the path to permit reapproval and construction. Prospective buyers should plan for the resubmission process tied to expired approvals and any code-driven updates.
Key Highlights
- 42‑unit multifamily development site for a single three‑story apartment building
- Previously fully entitled/approved by the City of Greenville; site plan and civil plan approvals in late 2022
- Building plan approvals secured in early 2023; may require resubmission due to expired approvals
Property Analytics
Property Profile
Current Use
Lease Details
42
Residential units
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
Explore this area
Business Placement
Demographics for 29605, SC
36,970
Population
17,013
Households
2.2
Avg Household Size
37
Median Age
34%
College-Educated
86%
High-School Grad
24.8 sq mi
ZIP Area
1,491
Density / Sq Mi
$63,717
Median Household Income
$39,518
Median Earnings
$1,049
Median Rent
$228,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Development-ready multifamily site with entitlements and third-party reports for a single three-story building.
Where is this residential land & home lot located?
The property is located at 3505 Augusta Rd Greenville, SC.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: 42‑unit multifamily development site for a single three‑story apartment building; Previously fully entitled/approved by the City of Greenville; site plan and civil plan approvals in late 2022; Building plan approvals secured in early 2023; may require resubmission due to expired approvals
