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    Syphrit Rd Wellford, SC 29385

    For Sale
    $499,000

    13 Acres, Multifamily Potential, Home Included

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 13.12-acre property in Wellford, South Carolina, presents a unique investment opportunity. Located on Syphrit Road, in Spartanburg County, zip code 29385 (latitude 34.951155, longitude -82.092246), this expansive land parcel is zoned for both commercial and residential development, offering significant flexibility for various projects. The asking price is $499,000. The property includes a five-bedroom, two-bathroom home, adding immediate value and potential rental income. Its substantial size allows for a wide range of development possibilities, from multifamily housing to commercial ventures. All necessary amenities are readily available in the surrounding area, making this an attractive location for both residential and commercial development. The property's strategic location and versatile zoning make it an ideal choice for investors seeking a high-return opportunity in a growing market. Detailed site plans and zoning information are available upon request. This is a rare chance to acquire a large parcel of land with existing improvements in a desirable South Carolina location. Serious inquiries only.

    Property Features for 0 Syphrit Rd

    General Information

    Property type
    Land
    Lot Size
    571,507 SF

    HighLights

    • 13.12‑acre commercial/residential lot in Wellford, SC.
    • Located on Syphrit Road, Spartanburg County, 29385.
    • $499,000 asking price.
    • Includes a 5‑bedroom, 2‑bathroom home.
    • Suitable for multifamily or commercial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wellford
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -82.092246
    Latitude
    34.951155

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    FAQs

    What type of property is this?
    Land - 13 Acres, Multifamily Potential, Home Included
    Where is this land located?
    The property is located at Syphrit Rd Wellford, SC.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: 13.12-acre commercial/residential lot in Wellford, SC.; Located on Syphrit Road, Spartanburg County, 29385.; $499,000 asking price.
    (864) 576-4660
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    Syphrit Rd Wellford, SC 29385
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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
    Syphrit Rd Wellford, SC 29385
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