Property profile

2751 New Cut Rd Spartanburg, SC 29303

FOR SALE
Farm
Property ID
US77-1060894
73.55 ac lot
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Property summary

AI-generated overview

This property consists of approximately 123 acres and is located at Wingo Park at the intersection of New Cut Road and Blackstock Road. The site comprises two remaining tracts designated as A and H. The property is positioned for potential development as a business and commerce park or an industrial park. Nearby occupants include companies such as Adidas, Rexam Corporation, Trimite Powders, Dare Foods, Piedmont Packaging, Vision Apparel, Zeuna Starker, and Westex. The site is within less than half a mile of Interstate 26 and has Foreign Trade Zone (FTZ) status.

Property profile

Verified
Property type Farm
Lot 73.55 ac (3,203,751 SF)
APN 6-0600-04400
UPID US77-1060894

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Logistics Company
  • Factory Industrial Manufacturer

Location

2751 New Cut Rd Spartanburg, SC 29303
Spartanburg metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2024
Last sale
$1.9M
2 recorded transactions
2024
Price N/A
2021
$1.9M
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