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    Reidville Rd Spartanburg, SC 29301

    Sponsored
    For Lease
    Contact for pricing

    1.48 Acres, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.48+/- acre commercial land parcel presents a unique investment opportunity. Located in a high-traffic area boasting a daily count of 30,200 vehicles, this single-tenant property offers significant visibility and accessibility for a wide range of businesses. The parcel is identified by Parcel ID 6-24-06-072.00, providing easy identification and streamlined due diligence. Its classification as commercial land, suitable for single-tenant occupancy, makes it ideal for businesses seeking a prominent location with ample space. The high traffic volume ensures substantial exposure to potential customers, making this property an attractive proposition for businesses seeking to establish a strong presence in a busy commercial zone. This is a blank canvas for your vision, allowing for the development of a custom-designed building to perfectly suit your business needs. The strategic location and substantial land area combine to create a compelling opportunity for long-term growth and profitability. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering. Further details regarding zoning and permitted uses are available upon request.

    Property Features for 0 Reidville Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • 1.48+/- acres of commercially zoned land available for lease.
    • High traffic count of 30,200 vehicles.
    • Parcel ID 6‑24‑06‑072.00.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -82.0150231386
    Latitude
    34.912015824386

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    FAQs

    What type of property is this?
    Land - 1.48 Acres, High Traffic Area
    Where is this land located?
    The property is located at Reidville Rd Spartanburg, SC.
    What are key features of this property?
    This property features: 1.48+/- acres of commercially zoned land available for lease.; High traffic count of 30,200 vehicles.; Parcel ID 6-24-06-072.00.
    Request Owner's contact information
    Reidville Rd Spartanburg, SC 29301
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    Spartanburg, SC 29301
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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
    Reidville Rd Spartanburg, SC 29301
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