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    00 Martin Luther King Jr Blvd Anderson, SC 29621

    For Sale
    $3,341,000

    13.9 Acres, Retail Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 13.9-acre commercial land parcel presents a unique investment opportunity in Anderson, South Carolina. Located on Martin Luther King Jr. Boulevard, this property is ideally situated within a burgeoning new retail corridor, offering significant potential for diverse commercial development. The permitted zoning is GC, allowing for a wide range of uses, making it suitable for a variety of retail ventures or mixed-use projects. The asking price for this expansive tract is $3,341,000. Given its prime location and flexible zoning, this property represents a compelling chance to capitalize on the growth and development occurring along Martin Luther King Jr. Boulevard. The substantial lot size provides ample space for a large-scale development, catering to the needs of a growing community. Prospective buyers will find this location highly attractive due to its visibility and accessibility. The property's strategic placement within a developing retail area promises strong returns on investment. Detailed zoning information and development guidelines are readily available upon request. This is a rare opportunity to acquire a significant land holding in a rapidly expanding commercial zone. Don't miss this chance to secure a prime piece of Anderson's future. The address is 00 Martin Luther King Jr Blvd, Anderson, SC 29621.

    Property Features for 00 Martin Luther King Jr Blvd

    General Information

    Property type
    Land
    Lot Size
    605,484 SF

    HighLights

    • 13.9‑acre commercial land parcel in Anderson, SC, on Martin Luther King Jr. Boulevard.
    • GC zoning allows for diverse commercial development, including retail and mixed‑use projects.
    • Asking price: $3,341,000.
    • Prime location in a burgeoning retail corridor with high visibility and accessibility.
    • Ample space for large‑scale development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Anderson
    State
    South Carolina
    Longitude
    -82.6787268
    Latitude
    34.5354356

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    FAQs

    What type of property is this?
    Land - 13.9 Acres, Retail Development Potential
    Where is this land located?
    The property is located at 00 Martin Luther King Jr Blvd Anderson, SC.
    What is the asking price?
    The asking price for this property is $3,341,000.
    What are key features of this property?
    This property features: 13.9-acre commercial land parcel in Anderson, SC, on Martin Luther King Jr. Boulevard.; GC zoning allows for diverse commercial development, including retail and mixed-use projects.; Asking price: $3,341,000.
    Request Owner's contact information
    00 Martin Luther King Jr Blvd Anderson, SC 29621
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    Anderson, SC 29621
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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
    00 Martin Luther King Jr Blvd Anderson, SC 29621
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