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    340 Galloway Dr Greenville, SC 29609

    Sponsored
    For Sale
    Contact for pricing

    Prime Greenville commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 2.95-acre commercial land parcel presents a unique investment opportunity in Greenville, South Carolina. Located in Greenville County, at 340 Galloway Dr, zip code 29609, the property boasts significant road frontage along both Poinsette Highway and Galloway Drive, ensuring high visibility and accessibility. The land is zoned for Commercial District (C-2), allowing for a wide range of development possibilities. Its strategic location offers unparalleled convenience, situated directly across from the established University Square Shopping Center, anchored by a Publix supermarket, guaranteeing high foot traffic and a thriving retail environment. Furthermore, the property's proximity to Furman University, just one mile away, with its 2,754 student population, presents a significant opportunity to cater to the university community's needs. This prime location, combined with its generous size and favorable zoning, makes this property an exceptional investment for developers seeking a high-impact commercial project in a rapidly growing area of Greenville. The coordinates are 34.91264 latitude and -82.425938 longitude. This is a rare opportunity to acquire a substantial commercial land parcel in a highly desirable location.

    Property Features for 340 Galloway Dr

    General Information

    Property type
    Land
    Lot Size
    128,502 SF

    HighLights

    • Poinsette Hwy & Galloway Drive frontage.
    • High‑traffic location opposite Publix‑anchored University Square Shopping Center.
    • C‑2 Commercial zoning.
    • One mile from Furman University (2,754 students).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Pharmacy Department Store Kitchen & Bath Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.425938
    Latitude
    34.91264

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    FAQs

    What type of property is this?
    Land - Prime Greenville commercial land, ideal for development.
    Where is this land located?
    The property is located at 340 Galloway Dr Greenville, SC.
    What are key features of this property?
    This property features: Poinsette Hwy & Galloway Drive frontage.; High-traffic location opposite Publix-anchored University Square Shopping Center.; C-2 Commercial zoning.
    Request Owner's contact information
    340 Galloway Dr Greenville, SC 29609
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    Greenville, SC 29609
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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
    340 Galloway Dr Greenville, SC 29609
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