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    1599 Highway 101 Greer, SC 29651

    Sponsored
    For Lease
    Contact for pricing

    Prime 74-acre commercial tract in Greer, SC.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 74-acre commercial land parcel presents a unique investment opportunity in the thriving Duncan/Greer submarket of Spartanburg County, South Carolina. Located at 1599 Highway 101, this single-tenant property boasts 4.5 acres of buildable land, zoned for unincorporated use. The property's strategic location offers unparalleled access to a rapidly expanding residential and industrial area, significantly bolstered by the presence of the BMW manufacturing plant. This prime location provides exceptional visibility and convenient access to I-85 and the Greenville/Spartanburg Airport, making it ideal for a variety of commercial ventures. The expansive lot size allows for significant development potential, catering to businesses seeking ample space for operations and expansion. With its strategic location and substantial acreage, this property is poised for significant growth and return on investment. The property's address is 1599 Highway 101, Greer, SC 29651. The zip code is 29651. This is a truly remarkable opportunity to capitalize on the robust economic growth of the region.

    Property Features for 1599 Highway 101

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available space
    Size
    0 SF

    HighLights

    • Ideal location for retail, hotel, medical/office, and R&D flex industrial uses.
    • Subdividable into up to four outparcels.
    • High visibility from I‑85 and Highway 101.
    • Thriving economic area with over $1.5 billion in recent capital investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Building Supply Wholesale Shop Hotel & Motel Pharmacy Department Store Food Market Auto Parts Store Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Greer
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -82.162376
    Latitude
    34.8953586

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    FAQs

    What type of property is this?
    Land - Prime 74-acre commercial tract in Greer, SC.
    Where is this land located?
    The property is located at 1599 Highway 101 Greer, SC.
    What are key features of this property?
    This property features: Ideal location for retail, hotel, medical/office, and R&D flex industrial uses.; Subdividable into up to four outparcels.; High visibility from I-85 and Highway 101.
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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
    1599 Highway 101 Greer, SC 29651
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