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    120 Old Furnace Rd Boiling Springs, SC 29316

    Sponsored
    For Sale
    $995,000

    2.05 Acres, High Visibility, I-26 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.05-acre commercial land parcel presents a remarkable investment opportunity in the thriving Boiling Springs, South Carolina market. Strategically located at the highly visible corner of Asheville Highway and Old Furnace Road, this property boasts significant frontage on both major thoroughfares: approximately 425 feet on Asheville Highway and 270 feet on Old Furnace Road. The site benefits from a busy, signalized intersection, ensuring exceptional exposure to over 20,000 vehicles daily. Its convenient location offers easy access to Interstate 26, enhancing its appeal for a wide range of commercial ventures. The property's Spartanburg County Tax Map number is 2-50-00-081.00. This prime location, combined with its substantial size and high visibility, makes it ideal for a variety of commercial developments. The asking price is $995,000. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area. Serious inquiries only.

    Property Features for 120 Old Furnace Rd

    General Information

    Property type
    Land
    Lot Size
    89,298 SF

    HighLights

    • $995,000 asking price for 2.05 acres of commercial land.
    • High‑traffic corner lot at Asheville Highway & Old Furnace Road intersection.
    • 425± ft. of frontage on Asheville Hwy and 270± ft. on Old Furnace Road.
    • Excellent visibility with over 20,000 vehicles passing daily.
    • Conveniently located approximately ½ mile from I‑26.
    • Spartanburg County Tax Map # 2‑50‑00‑081.00.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    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
    -82.025902
    Latitude
    35.02201

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    FAQs

    What type of property is this?
    Land - 2.05 Acres, High Visibility, I-26 Access
    Where is this land located?
    The property is located at 120 Old Furnace Rd Boiling Springs, SC.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: $995,000 asking price for 2.05 acres of commercial land.; High-traffic corner lot at Asheville Highway & Old Furnace Road intersection.; 425± ft. of frontage on Asheville Hwy and 270± ft. on Old Furnace Road.
    (864) 706-0189
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    120 Old Furnace Rd 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
    120 Old Furnace Rd Boiling Springs, SC 29316
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