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    Knob Hill Dr Spartanburg, SC 29303

    Sponsored
    For Sale
    $63,750

    2.55 Acres, Prime Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.55-acre commercial land parcel presents a unique investment opportunity in Spartanburg, South Carolina. Located on Knob Hill Drive, this gently sloping property boasts approximately 240 feet of frontage, offering excellent visibility and accessibility. Priced at $25,000 per acre, totaling $63,750, this land is ideally suited for residential development. Its advantageous location places it in close proximity to a variety of retail options, restaurants, and District 3 schools, enhancing its appeal and potential for future growth. The property's convenient access to local amenities makes it an attractive proposition for developers seeking a prime location for residential construction. The Spartanburg County Tax Map number is 3-23-00-110.02. This is a rare opportunity to acquire a well-situated parcel of land in a thriving area, offering significant potential for return on investment. Don't miss out on this chance to secure a piece of Spartanburg's promising future. The property's address is Knob Hill Drive, Spartanburg, SC 29303.

    Property Features for 0 Knob Hill Dr

    General Information

    Property type
    Land
    Lot Size
    111,078 SF

    HighLights

    • $25,000 per acre asking price.
    • 2.55‑acre parcel.
    • Excellent residential development opportunity.
    • Convenient to retail, restaurants, and District 3 schools.
    • Approximately 240 feet of frontage on Knob Hill Drive.
    • Gently sloping land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.9425701
    Latitude
    34.9803527

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    FAQs

    What type of property is this?
    Land - 2.55 Acres, Prime Development Site
    Where is this land located?
    The property is located at Knob Hill Dr Spartanburg, SC.
    What is the asking price?
    The asking price for this property is $63,750.
    What are key features of this property?
    This property features: $25,000 per acre asking price.; 2.55-acre parcel.; Excellent residential development opportunity.
    (864) 706-0877
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    Knob Hill Dr Spartanburg, SC 29303
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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
    Knob Hill Dr Spartanburg, SC 29303
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