Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    277 Main St Spartanburg, SC 29306

    Sponsored
    For Sale
    Contact for pricing

    13-Acre Mixed-Use Opportunity Zone Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 13-acre commercial land parcel presents a unique investment opportunity in the heart of Spartanburg, South Carolina. Located at 277 W Main St, 29306, this property boasts a prime location within Spartanburg County, acting as a "western gateway" to the city's vibrant downtown area. The site's designation as an Opportunity Zone (OZ) offers significant tax advantages for investors seeking to capitalize on economic development incentives. Further enhancing its appeal, this former mill site qualifies for South Carolina textile mill tax credits, providing additional financial benefits. Its strategic positioning along the planned rail trail extension and adjacency to the Fifth Third Bank Baseball Complex (completion anticipated Spring 2025) promise exceptional future growth and increased property value. The property is zoned OZ, allowing for a wide range of mixed-use development possibilities. This is a rare chance to acquire a substantial tract of land in a rapidly developing area, offering substantial potential for long-term returns. The property's size and location make it ideal for a variety of projects, from residential and commercial developments to industrial uses. Don't miss this chance to be part of Spartanburg's exciting future.

    Property Features for 277 Main St

    General Information

    Property type
    Land
    Lot Size
    566,280 SF

    HighLights

    • SC Textile Mill Tax Credits Available
    • Located in a Qualified Opportunity Zone (OZ)
    • Prime location at the western gateway to Downtown Spartanburg
    • Excellent visibility and access via the Rail Trail Extension
    • Adjacent to the Fifth Third Bank Baseball Complex (opening Spring 2025)
    Property Profile Location Intelligence

    Current Use by Public Records

    heart of bosto Marketing Agency

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm 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
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.937029
    Latitude
    34.9467083

    Nearby Similar for Sale

    • $249,000
      0.44 Acres

      Well-Maintained Duplex in Spartanburg

      Single-level duplex with solid rental history, ideal for investors.
      3030/3028 Benjamin Rd, Spartanburg, SC 29307
      View Details
    • New
      $374,900
      3,445 SF

      Versatile Commercial Building in Spartanburg

      Adaptable commercial building suitable for office, retail, auto repair, and more.
      250 Cedar Springs Ave, Spartanburg, SC 29302
      View Details
    • New
      $374,900
      0.46 Acres

      Versatile Commercial Building in Spartanburg

      Adaptable commercial building suitable for office, auto repair, or community center.
      250 Cedar Springs Ave, Spartanburg, SC 29302
      View Details
    • New
      $440,000
      0.69 Acres

      New Duplex Near I-85

      2022 duplex with quality finishes, near I-85, income potential.
      433 Burns Rd, Spartanburg, SC 29307
      View Details
    • $275,000

      Commercial Property Near Major Hospital

      Strategically located commercial property suited for medical or professional services.
      681 Chesnee Highway Ext, Spartanburg, SC 29303
      View Details
    • $160,000

      Remodeled Duplex in Spartanburg

      Charming duplex with new roof and HVAC units.
      130 Owens St, Spartanburg, SC 29306
      View Details
    • $250,000
      1,300 SF

      Mixed-Use Investment Opportunity

      Mixed-use property with tenants in place near Spartanburg.
      170 S Blackstock Rd, Spartanburg, SC 29301
      View Details
    • $250,000
      0.71 Acres

      Retail and Residential Investment Opportunity

      Retail space and tenant-occupied residential property for sale.
      170 S Blackstock Rd, Spartanburg, SC 29301
      View Details
    • $250,000
      0.71 Acres

      Spartanburg Investment Opportunity For Sale

      Investment property with tenants in place near Spartanburg city limits.
      170 S Blackstock Rd, Spartanburg, SC 29301
      View Details
    • New
      $265,000

      Spartanburg Duplex on Large Lot

      Well-maintained duplex with expansion potential in Spartanburg, South Carolina.
      200 Rosecrest Rd, Spartanburg, SC 29303
      View Details
    • $400,000
      0.17 Acres

      Spartanburg Quadplex Investment Opportunity

      Four-unit multifamily property with strong rental history near Converse College.
      156 Garrett St, Spartanburg, SC 29302
      View Details
    • $160,000
      1,008 SF

      Commercial Property on Highway 9

      Commercial property on a 0.38-acre lot with ample parking.
      1215 Boiling Springs Rd, Spartanburg, SC 29303
      View Details

    FAQs

    What type of property is this?
    Land - 13-Acre Mixed-Use Opportunity Zone Land
    Where is this land located?
    The property is located at 277 Main St Spartanburg, SC.
    What are key features of this property?
    This property features: SC Textile Mill Tax Credits Available; Located in a Qualified Opportunity Zone (OZ); Prime location at the western gateway to Downtown Spartanburg
    Request Owner's contact information
    277 Main St Spartanburg, SC 29306
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    277 Main St
    Spartanburg, SC 29306
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    277 Main St Spartanburg, SC 29306
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.