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    160 Malinda Dr Boiling Springs, SC 29316

    Sponsored
    For Sale
    $2,541,250

    20 Acres, Prime Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 20.33-acre commercial land parcel presents a remarkable investment opportunity in the thriving Boiling Springs, South Carolina market. Located at 160 Malinda Drive, this property boasts convenient access to Bible Church Road, benefiting from high visibility and traffic flow. The site is comprised of two parcels, identified by Spartanburg County Tax Map numbers 2-36-00-067.04 and 2-36-00-067.06, totaling approximately 18.61 acres plus a 50-foot right-of-way (approximately 1.72 acres). An additional 4.46 acres adjacent to the property, featuring approximately 202 feet of frontage on Bible Church Road, is also available for acquisition. The property's strategic location offers significant advantages, with Highway 9 boasting a traffic count exceeding 29,000 vehicles per day. The surrounding area is densely populated, with over 58,000 residents within a 5-mile radius and an average annual household income of approximately $71,000. This prime location makes it ideal for a variety of commercial developments, including townhomes or multi-family residential projects. The asking price for this exceptional property is $2,541,250. This is a rare opportunity to acquire a substantial land holding in a high-growth area with excellent demographics and accessibility. Don't miss out on this chance to capitalize on the potential of this exceptional commercial land. The zip code is 29316.

    Property Features for 160 Malinda Dr

    General Information

    Property type
    Land
    Lot Size
    885,575 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Boiling Springs
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.9940333
    Latitude
    35.0653224

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    FAQs

    What type of property is this?
    Land - 20 Acres, Prime Development Site
    Where is this land located?
    The property is located at 160 Malinda Dr Boiling Springs, SC.
    What is the asking price?
    The asking price for this property is $2,541,250.
    (864) 706-0189
    Request Owner's contact information
    160 Malinda Dr Boiling Springs, SC 29316
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    Boiling Springs, SC 29316
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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
    160 Malinda Dr Boiling Springs, SC 29316
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