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    375 Main St Spartanburg, SC 29301

    For Sale
    $1,000,000

    1.17-acre lot, prime downtown location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.17-acre commercial land parcel presents a remarkable redevelopment opportunity in the heart of Spartanburg, South Carolina. Located at 375 W Main St, Site #2107, this property boasts a highly desirable location at a hard corner of a well-lit intersection, offering excellent visibility and accessibility. The lot features approximately 200 feet of frontage on West Main Street and 260 feet on Forest Street, providing ample space for a variety of development projects. Zoned DT5 (Urban Center District) within the City of Spartanburg, this site benefits from the availability of all utilities. The property is identified by Spartanburg County Tax Map Number 7-12-13-310.00. While land use restrictions may apply, this prime location offers significant potential for investors and developers seeking to capitalize on the vibrant growth of downtown Spartanburg. The asking price for this exceptional property is $1,000,000. This is a rare opportunity to acquire a substantial land holding in a thriving urban center. Don't miss out on this chance to shape the future of downtown Spartanburg.

    Property Features for 375 Main St

    General Information

    Property type
    Land
    Lot Size
    50,965 SF

    HighLights

    • 1.7‑acre hard corner lot at a lighted intersection, near downtown Spartanburg.
    • Subject to land use restrictions.
    • Zoned DT5 (Urban Center District).
    • All utilities available on‑site.
    • Approx. 200' frontage on W. Main St. and 260' on Forest St.
    • Tax Map #: 7‑12‑13‑310.00.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Spartanburg Porta Potties ... Portable Toilet Supplier

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.9395436
    Latitude
    34.9463992

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    FAQs

    What type of property is this?
    Land - 1.17-acre lot, prime downtown location.
    Where is this land located?
    The property is located at 375 Main St Spartanburg, SC.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: 1.7-acre hard corner lot at a lighted intersection, near downtown Spartanburg.; Subject to land use restrictions.; Zoned DT5 (Urban Center District).
    Request Owner's contact information
    375 Main St 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
    375 Main St Spartanburg, SC 29301
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