Property profile

0 Main St Spartanburg, SC 29307

OFF-MARKET
Land
1.6 ac lot
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Property summary

AI-generated overview

This exceptional 1.6-acre commercial land parcel is ideally situated on E Main St in Spartanburg, South Carolina, directly across from a Lowe's store. The property boasts an enviable location on the city's dynamic east side, offering unparalleled visibility and accessibility. With over 242 feet of road frontage and a traffic signal providing easy ingress and egress, this site benefits from exceptional daily traffic counts exceeding 22,000 vehicles. The B-1 zoning allows for a wide range of commercial development opportunities. The property's demographics are outstanding, with over one-third of Spartanburg County's population residing within a five-mile radius. The seller is open to build-to-suit options, making this a highly attractive investment opportunity. The asking price is $1,200,000. The property's APN is 7-09-11-001.01 and is located in Spartanburg County, SC, zip code 29307. This prime location presents a rare chance to acquire a highly visible and strategically positioned commercial property in a thriving market.

Property profile

Verified
Property type Land
Lot 1.6 ac (69,696 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Main St Spartanburg, SC 29307
Spartanburg metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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