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    395 Old Metal Rd Gaffney, SC 29341

    Sponsored
    For Sale
    $100,000

    3-Acre Multi-Use Property, Cherokee County

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This versatile 3-acre property located at 395 Old Metal Road, Gaffney, SC 29341, presents a unique investment opportunity. Zoned CV, this land offers a blend of agricultural, commercial, and residential potential. Currently featuring a fenced area previously used for propane tank storage and a partially graveled lot suitable for truck access, the property provides immediate utility. The majority of the land remains wooded, offering significant potential for development and expansion. Conveniently situated off Chesnee Highway 11, this location offers easy access to transportation routes. The seller will remove existing propane tanks before closing. A restrictive covenant will be placed on the title, prohibiting the sale and/or distribution of propane fuel from the property for seven years post-closing. The APN is 025-00-00-039.000. The asking price for this exceptional property is $100,000. This is an excellent opportunity for an investor seeking a multi-use property with existing infrastructure and significant development potential in a desirable location.

    Property Features for 395 Old Metal Rd

    General Information

    Property type
    Farms
    Lot Size
    130,680 SF

    HighLights

    • 3‑acre Gaffney, SC property at 395 Old Metal Road, APN 025‑00‑00‑039.000, listed at $100,000.
    • CV zoning allows agricultural, commercial, and residential uses.
    • Features fenced area (former propane tank storage), partially graveled lot for truck access, and wooded acreage.
    • Convenient access to Chesnee Highway 11.
    • Seller will remove propane tanks prior to closing; seven‑year restrictive covenant prohibiting propane sales/distribution will be placed on title.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Garden Center Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gaffney
    County
    Cherokee
    State
    South Carolina
    Longitude
    -81.7734035
    Latitude
    35.1185125

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    FAQs

    What type of property is this?
    Farm - 3-Acre Multi-Use Property, Cherokee County
    Where is this farm located?
    The property is located at 395 Old Metal Rd Gaffney, SC.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: 3-acre Gaffney, SC property at 395 Old Metal Road, APN 025-00-00-039.000, listed at $100,000.; CV zoning allows agricultural, commercial, and residential uses.; Features fenced area (former propane tank storage), partially graveled lot for truck access, and wooded acreage.
    Request Owner's contact information
    395 Old Metal Rd Gaffney, SC 29341
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    Gaffney, SC 29341
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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
    395 Old Metal Rd Gaffney, SC 29341
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