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    103 Jones Rd Spartanburg, SC 29303

    Sponsored
    For Sale
    $599,000

    2-Acre Retail Site, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2-acre retail land parcel in Spartanburg, South Carolina, presents a prime development opportunity. Located off I-85 with excellent visibility and access, this property boasts a partially renovated 2,100+ square foot building and a double-sided billboard offering significant exposure to the 70,100 daily vehicles on I-85. Two convenient access points on Jones Road enhance accessibility. The site's strategic location places it within a mile of major retailers including Starbucks, Burger King, Subway, Arby's, Waffle House, McDonald's, Bojangles, Wendy's, Advanced Auto Parts, RaceTrac, Ingles, and more, ensuring high foot traffic and consumer visibility. The parcel ID is 7-02-00-066.00. This property is ideal for a variety of retail uses or redevelopment projects, capitalizing on its high-traffic location and existing infrastructure. Drone footage is available for viewing online. Asking price is $599,000.

    Property Features for 103 Jones Rd

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • $599,000 asking price for 2‑acre retail land parcel.
    • Located off I‑85 in Spartanburg, SC, with excellent interstate visibility.
    • Includes a partially renovated ~2,100 sq ft building and a double‑sided billboard with high I‑85 traffic counts (70,100).
    • Two access points on Jones Road.
    • Ideal for retail development; surrounded by major retailers within a 1‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.898168536376
    Latitude
    35.015082887131

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    FAQs

    What type of property is this?
    Land - 2-Acre Retail Site, High Traffic
    Where is this land located?
    The property is located at 103 Jones Rd Spartanburg, SC.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: $599,000 asking price for 2-acre retail land parcel.; Located off I-85 in Spartanburg, SC, with excellent interstate visibility.; Includes a partially renovated ~2,100 sq ft building and a double-sided billboard with high I-85 traffic counts (70,100).
    (864) 576-4660
    Request Owner's contact information
    103 Jones Rd Spartanburg, SC 29303
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    Spartanburg, SC 29303
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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
    103 Jones Rd Spartanburg, SC 29303
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