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    Laurel Glen Cir Spartanburg, SC 29301

    For Sale
    Contact for pricing

    Prime Spartanburg location, 4 acres, excellent commercial potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 4-acre commercial land parcel presents a unique investment opportunity in Spartanburg, South Carolina. Strategically located near the intersection of I-26 and Reidville Road, this property boasts high visibility and accessibility, benefiting from significant daily traffic counts on I-26, averaging 31,700 vehicles per day. The site's versatility allows for a range of commercial, industrial, or even residential development possibilities. Its proximity to a recently sold neighboring parcel, now under construction as an apartment complex, further underscores the area's strong growth trajectory. The property is identified by Spartanburg County TMS #6-24-00-082.00. Priced at $150,000 per acre, this offering represents a compelling value proposition for developers seeking a prime location in a thriving market. Note that the land is not currently zoned and is subject to Spartanburg County Land Use Ordinances. This presents an opportunity to shape the future development according to specific project needs and vision. The address is Laurel Glen Circle, Spartanburg, SC 29301. This is a rare opportunity to acquire a substantial parcel of land in a high-demand area.

    Property Features for 0 Laurel Glen Cir

    General Information

    Property type
    Land
    Lot Size
    174,240 SF

    HighLights

    • 4+ Acres of commercial land in Spartanburg, SC.
    • High‑visibility location near I‑26 and Reidville Road, with 31,700 VPD on I‑26.
    • Excellent site for commercial, industrial, or residential development.
    • Adjacent parcel recently sold and is under construction as an apartment complex.
    • Unzoned, subject to Spartanburg County Land Use Ordinances.
    • Spartanburg County TMS #6‑24‑00‑082.00.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.9951051
    Latitude
    34.9158122

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    FAQs

    What type of property is this?
    Land - Prime Spartanburg location, 4 acres, excellent commercial potential.
    Where is this land located?
    The property is located at Laurel Glen Cir Spartanburg, SC.
    What are key features of this property?
    This property features: 4+ Acres of commercial land in Spartanburg, SC.; High-visibility location near I-26 and Reidville Road, with 31,700 VPD on I-26.; Excellent site for commercial, industrial, or residential development.
    (864) 316-1318
    Request Owner's contact information
    Laurel Glen Cir 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
    Laurel Glen Cir Spartanburg, SC 29301
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