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    SC Mt Paran Rd Blacksburg, SC 29702

    For Sale
    $2,016,000

    Prime I-85 Location, Multi-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 84-acre property, located at 381 Mount Paran Road in Blacksburg, South Carolina, presents a unique investment opportunity. Situated just off Interstate 85 at Exit 102, this land boasts unparalleled accessibility and visibility. Recent improvements to I-85 at Exit 102, including the addition of travel lanes in both directions and infrastructure rehabilitation, are less than half a mile away, enhancing the property's strategic location. The property's zoning allows for agricultural, commercial, and residential uses, offering considerable flexibility for development. The asking price is $2,016,000, translating to $24,000 per acre. The APN is 152-00-00-003.000. Utilities are a key advantage; water, electricity, gas, and sewer services are either currently available or anticipated in the immediate vicinity by 2023, according to the Gaffney Board of Public Works. This makes the property ideal for a variety of projects, from large-scale commercial ventures to residential subdivisions or agricultural operations. Its prime location and versatile zoning make this 84-acre parcel a highly attractive investment in Cherokee County, South Carolina, with easy access to the I-85 corridor. The property is conveniently located in Blacksburg, SC, zip code 29702.

    Property Features for SC Mt Paran Rd

    General Information

    Property type
    Farms
    Lot Size
    3,659,040 SF

    HighLights

    • $2,016,000 asking price.
    • 84‑acre land parcel.
    • $24,000 per acre land value.
    • Located near I‑85 Exit 102 in Blacksburg, SC.
    • Utilities (water, electricity, gas, sewer) available or expected nearby in 2023.
    • APN: 152‑00‑00‑003.000
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Blacksburg
    County
    Cherokee
    State
    South Carolina
    Longitude
    -81.4937993
    Latitude
    35.1136877

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    FAQs

    What type of property is this?
    Farm - Prime I-85 Location, Multi-Use Potential
    Where is this farm located?
    The property is located at SC Mt Paran Rd Blacksburg, SC.
    What is the asking price?
    The asking price for this property is $2,016,000.
    What are key features of this property?
    This property features: $2,016,000 asking price.; 84-acre land parcel.; $24,000 per acre land value.
    Request Owner's contact information
    SC Mt Paran Rd Blacksburg, SC 29702
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    Blacksburg, SC 29702
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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
    SC Mt Paran Rd Blacksburg, SC 29702
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