Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    63 Acres Development Ready Land Title is generated by Realmo AI

    360 Terry Rd, Fountain Inn, SC 29644

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,600,000

    63 Acres Land

    Property size:
    2,731,212 SF
    Lot size:
    63.00 Acres
    Price / SF:
    $0.59/SF
    Added:
    Mar 11, 2025
    Days on Market:
    439
    Last Refresh:
    Mar 16 at 9:06 am

    Property Features for 360 Terry Rd

    General Information

    Standard status
    Active
    Property type
    Farms, Other land, Agricultural land / Farmland, Agricultural properties, Land
    Size
    2,731,212 SF
    Elevators
    N/A
    Lot size
    63.00 Acres

    We can help!

    Listing Contact
    Anderson Drake

    Listing agent Anderson

    Listing office

    Listing date Mar 11, 2025

    HighLights

    • Road Frontage: ±760 ft on Terry Road
    • Topography: Rolling
    • Zoning: Unzoned
    • Best Use: Residential Homesite
    • Available Utilities: Power, Water (newly installed ±500 ft)
    • Power Provider: Duke Energy
    • Possible Utilities: Cable, Internet, and Septic
    • Seller has buried power from the road to the Homesite
    • Two(2) RV Power Hookups in place | both are 50 AMP.
    • Steel frame metal building has terminal power for off‑grid generator and solar
    • DHEC Septic Permit & recently completed Survey available from Seller
    • Custom made Pond dock
    • Constructed shop (± 5,000 SF) and RV hookup

    Overview

    This 63-acre property is located in Fountain Inn, South Carolina. It features approximately 760 feet of road frontage along Terry Road in Southern Greenville County. The land has rolling terrain and includes a 1.6-acre pond with a custom-built dock. A 5,000 square foot shop is under construction. An extensive internal road system enhances accessibility. The property is approximately 15 minutes from both Fountain Inn and Simpsonville, and 30 minutes from Greenville and Pelzer. Infrastructure includes newly installed water lines (approximately 500 feet), power provided by Duke Energy, and two 50-amp RV hookups. Power lines have been buried from the road to a potential homesite. A DHEC septic permit and a recently completed survey are available. The property is currently unzoned, offering flexibility for various development scenarios, including residential homesites. The property's proximity to Fairview Road provides easy access to retail and grocery options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Fountain Inn
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.2156
    Latitude
    34.6459

    Nearby Similar for Sale

    • $1,500,000
      4,400 SF

      Downtown Fountain Inn Commercial Space

      Prime location with potential for various business uses.
      203 S Weston Street, Fountain Inn, SC 29644
      View Details
    • $1,100,000
      2,128 SF

      Equestrian Estate on 30 Acres

      Premier equestrian facility with 22 stalls on 30 acres.
      74 Reining Way, Fountain Inn, SC 29644
      View Details
    • $1,199,000
      7,080 SF

      Fountain Inn Church Sanctuary

      Spacious church with seating for 275+ in Fountain Inn.
      307 Fairvew Street, Fountain Inn, SC 29644
      View Details
    • $875,000

      Commercial Land in Fountain Inn

      1.44 acres of commercial vacant land for sale.
      N Main Street, Fountain Inn, SC 29644
      View Details
    • $2,500,000

      Industrial Development Tract For Sale

      28.5-acre industrial development tract in a strategic growth corridor.
      00 Andrews Road, Fountain Inn, SC 29664
      View Details
    • $393,000

      Fountain Inn Land Opportunity

      Exclusive homesite to build your dream home in private setting.
      1905 McKelvey Road lot: 2, Fountain Inn, SC 29644
      View Details
    • $539,644

      Wooded Land Near Fountain Inn

      7.95 acre wooded tract near Fountain Inn, South Carolina.
      Triangle Pine Road, Fountain Inn, SC 29644
      View Details
    • $372,000

      Exclusive Homesite with Lake Access

      Build your dream home in a private, luxury setting.
      1905 McKelvey Road lot: 10, Fountain Inn, SC 29644
      View Details
    • $287,500

      Exclusive Homesite with Lake Access

      Luxury homesite with lake access near upcoming golf club.
      1905 McKelvey Road lot: 5, Fountain Inn, SC 29644
      View Details
    • $153,500

      Exclusive Homesite Opportunity

      Build your dream home in a private, luxury setting.
      1905 McKelvey Road lot: 11, Fountain Inn, SC 29644
      View Details
    • $314,000

      Land with Lake Access

      Build your dream home in a private, luxury setting.
      1905 McKelvey Road lot: 7, Fountain Inn, SC 29644
      View Details
    • $287,500

      Executive Homesite with Lake Access

      Luxury homesite with lake access near Kawonu Golf Club.
      1905 McKelvey Road lot: 6, Fountain Inn, SC 29644
      View Details

    FAQs

    What type of property is this?
    Farm - 63 Acres Land
    Where is this farm located?
    The property is located at 360 Terry Rd Fountain Inn, SC.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: Road Frontage: ±760 ft on Terry Road; Topography: Rolling; Zoning: Unzoned
    (864) 546-0342
    We can help!
    Listing Contact
    Anderson Drake
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    360 Terry Rd, Fountain Inn, SC 29644
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!