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    1901 Emerald Rd Greenwood, SC 29646

    For Sale
    $3,552,000

    177.6 Acres, I-1/R-DD Zoning, $3.55M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 177.6-acre commercial and industrial land parcel presents a significant development opportunity in Greenwood, South Carolina. Located at 1901 Emerald Road, this property boasts I-1/R-DD zoning, offering flexibility for a wide range of industrial and commercial uses. The site is strategically situated within Greenwood's thriving industrial hub, surrounded by established manufacturers such as Tejin, FujiFilm, Velux, Ascend, Eaton, Cardinal Health, and Lonza, providing immediate access to a skilled workforce and established infrastructure. The property's location within an Opportunity Zone further enhances its investment appeal, offering potential tax advantages. Significant state and county tax incentives are also available, making this a compelling investment proposition. The parcel is identified by APN numbers 6877-828-081 and 6877-722-015. While this listing focuses on the 177.6-acre site, it's important to note that this is part of a larger portfolio of available properties in Greenwood County totaling 1,229 acres, including sites with rail access. This prime location and the potential for substantial tax benefits make this a rare opportunity for developers seeking a strategic foothold in a robust industrial market. The asking price for this exceptional property is $3,552,000. Further details on the larger portfolio are available upon request.

    Property Features for 1901 Emerald Rd

    General Information

    Property type
    Land
    Lot Size
    7,736,256 SF

    HighLights

    • 177.6‑acre commercial/industrial land parcel in Greenwood, SC, at 1901 Emerald Road.
    • I‑1/R‑DD zoning allows for diverse industrial and commercial uses.
    • Strategically located within Greenwood's industrial hub, near major manufacturers.
    • Opportunity Zone location offers potential tax advantages, plus significant state and county incentives.
    • APN: 6877‑828‑081 and 6877‑722‑015.
    • Asking price: $3,552,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Wholesale Shop Department Store Kitchen & Bath Plumbing Service Italian Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Greenwood
    State
    South Carolina
    Longitude
    -82.061027
    Latitude
    34.2240589

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    FAQs

    What type of property is this?
    Land - 177.6 Acres, I-1/R-DD Zoning, $3.55M
    Where is this land located?
    The property is located at 1901 Emerald Rd Greenwood, SC.
    What is the asking price?
    The asking price for this property is $3,552,000.
    What are key features of this property?
    This property features: 177.6-acre commercial/industrial land parcel in Greenwood, SC, at 1901 Emerald Road.; I-1/R-DD zoning allows for diverse industrial and commercial uses.; Strategically located within Greenwood's industrial hub, near major manufacturers.
    Request Owner's contact information
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    Greenwood, SC 29646
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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
    1901 Emerald Rd Greenwood, SC 29646
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