Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    220 Shelby Hwy Gaffney, SC 29340

    Sponsored
    For Sale
    $5,580,000

    66 acres, I-85 frontage, $5.58M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 66-acre industrial land parcel presents a compelling investment opportunity in Gaffney, South Carolina. Strategically located at the intersection of I-85 and Highway 18, this property boasts 1,500 feet of frontage along I-85, ensuring high visibility and accessibility. The 2023 South Carolina Department of Transportation traffic count reveals a significant 62,500 vehicles per day, underscoring the substantial traffic flow. All utilities are readily available, simplifying development plans. Situated in a Tier 3 zone, this location benefits from pro-business tax rates, making it an attractive proposition for businesses seeking a cost-effective and strategically advantageous location. Equidistant from both Charlotte, North Carolina, and Greenville, South Carolina, this property offers unparalleled access to a large and diverse workforce pool and consumer market. The property's APN is 116-00-00-042.000. The asking price for this significant industrial land holding is $5,580,000. This is a rare opportunity to acquire a large, well-located parcel with excellent infrastructure and access to major transportation arteries.

    Property Features for 220 Shelby Hwy

    General Information

    Property type
    Land
    Lot Size
    2,874,960 SF

    HighLights

    • 66‑acre industrial land parcel in Gaffney, SC.
    • Prime I‑85 & Highway 18 intersection location with 1,500 ft. of I‑85 frontage.
    • High traffic count: 62,500 VPD (2023 SCDOT data).
    • All utilities available.
    • Tier 3 zoning with pro‑business tax rates.
    • $5,580,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Auto Repair Shop Hair Salon Pharmacy Department Store Storage Facility Bar & Pub Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gaffney
    County
    Cherokee
    State
    South Carolina
    Longitude
    -81.619169482684
    Latitude
    35.103654559646

    Nearby Similar for Sale

    • New
      $125,000
      1,423 SF

      Gaffney Commercial Property For Sale

      Commercial property in prime location with flexible layout.
      915 N Limestone St, Gaffney, SC 29341
      View Details
    • $195,000
      0.34 Acres

      Gaffney Duplex with Income Potential

      Duplex in Gaffney, SC with two units and individual utilities.
      115 & 115.5 Hampshire Dr, Gaffney, SC 29341
      View Details
    • New
      $374,900
      0.83 Acres

      New Construction Duplex in Gaffney

      New construction duplex in Gaffney, SC, with modern features.
      3312A Chesnee Hwy, Gaffney, SC 29341
      View Details
    • $115,000
      1,951 SF

      Commercial Building with Prime Frontage

      Commercial property with office space, storage, and high-visibility frontage.
      600 Cherokee Ave, Gaffney, SC 29341
      View Details
    • Contact for pricing
      1,545 SF

      Gaffney Office Center For Sale

      Brick office center with leasing opportunities in Gaffney, South Carolina.
      206 Chesnee Hwy, Gaffney, SC 29341
      View Details
    • $515,000
      7,425 SF

      Downtown Gaffney Historical Building

      Three-story, 7425 SF historical building in downtown Gaffney, SC.
      423 N Limestone St, Gaffney, SC 29340
      View Details
    • $515,000
      7,425 SF

      Downtown Gaffney Commercial Conversion Opportunity

      Prime commercial property in downtown Gaffney with conversion potential.
      423 N Limestone St, Gaffney, SC 29340
      View Details
    • $325,000

      Updated Duplex in Historical District

      Fully updated duplex in desirable location, potential for rental income.
      226 College Dr, Gaffney, SC 29340
      View Details
    • Contact for pricing
      82,976 SF

      Versatile Industrial Facility with Event Space

      82,976 SF industrial facility with adaptable event space.
      811 Hamrick St, Gaffney, SC 29340
      View Details
    • $449,000
      2,522 SF

      Renovated Restaurant Space For Sale

      Newly renovated restaurant with two hood systems and ample parking.
      1725 N Limestone St, Gaffney, SC 29340
      View Details
    • $1,300,000
      20,000 SF

      Gaffney Warehouse with Heavy Power

      20,000 SF warehouse featuring dock and drive-in doors.
      373 Huntington Rd, Gaffney, SC 29341
      View Details
    • $975,000
      13,250 SF

      Gaffney Industrial Property for Sale

      Industrial property featuring 13,250 square feet of space in Gaffney.
      298 Willis St, Gaffney, SC 29341
      View Details

    FAQs

    What type of property is this?
    Land - 66 acres, I-85 frontage, $5.58M
    Where is this land located?
    The property is located at 220 Shelby Hwy Gaffney, SC.
    What is the asking price?
    The asking price for this property is $5,580,000.
    What are key features of this property?
    This property features: 66-acre industrial land parcel in Gaffney, SC.; Prime I-85 & Highway 18 intersection location with 1,500 ft. of I-85 frontage.; High traffic count: 62,500 VPD (2023 SCDOT data).
    Request Owner's contact information
    220 Shelby Hwy Gaffney, SC 29340
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    220 Shelby Hwy
    Gaffney, SC 29340
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    220 Shelby Hwy Gaffney, SC 29340
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.