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    100 Kennedy St Spartanburg, SC 29306

    Sponsored
    For Lease
    Contact for pricing

    Prime .85-acre urban redevelopment site.

    Lot size:
    37,026 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.85-acre lot, located at 100 E Kennedy St in Spartanburg County, presents a high-profile mixed-use urban redevelopment opportunity. Zoned DT5 - Urban Center District (APN 7-12-14-328.00), this property is ideally suited for a multi-level project catering to a diverse range of tenants. The site is actively seeking an eclectic mix of businesses, including restaurants (QSR included), service retail establishments, boutique fitness centers, and financial institutions. The build-to-suit nature of this project allows for significant customization to meet the specific needs of prospective tenants. A new development on this site will incorporate multiple points of ingress and egress for convenient access, along with dedicated parking to ensure ample space for customers and employees. The potential exists for a corporate headquarters, floor-by-floor company occupancy, or individual office suite tenancy, offering flexibility and scalability for various business models. This is a rare opportunity to develop a landmark property in a thriving urban center. The property's central location and flexible zoning make it an attractive investment for developers seeking a high-impact project in a dynamic market. One space is currently available for lease.

    Property Features for 100 Kennedy St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,026 SF

    Unit(s) available at that property

    Space
    100 E Kennedy
    Size
    37,026 SF

    HighLights

    • High‑profile mixed‑use urban redevelopment opportunity in Spartanburg County.
    • 0.85‑acre lot zoned DT5 (Urban Center District) with APN 7‑12‑14‑328.00.
    • Seeking diverse tenants for retail, restaurant, and service uses.
    • Potential for multi‑level mixed‑use development, including corporate HQ space or individual office suites.
    • New construction will include multiple points of ingress/egress and dedicated parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Goodyear Auto Service Tire Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.930497097796
    Latitude
    34.947655093957

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    FAQs

    What type of property is this?
    Restaurant - Prime .85-acre urban redevelopment site.
    Where is this restaurant located?
    The property is located at 100 Kennedy St Spartanburg, SC.
    What are key features of this property?
    This property features: High-profile mixed-use urban redevelopment opportunity in Spartanburg County.; 0.85-acre lot zoned DT5 (Urban Center District) with APN 7-12-14-328.00.; Seeking diverse tenants for retail, restaurant, and service uses.
    Request Owner's contact information
    100 Kennedy St Spartanburg, SC 29306
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    Spartanburg, SC 29306
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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
    100 Kennedy St Spartanburg, SC 29306
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