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    2707 Highway 72 221 Greenwood, SC 29649

    For Sale
    $1,945,584

    Prime Greenwood SC industrial land, highway frontage, rail access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 73.28-acre industrial land parcel presents a significant development opportunity in Greenwood, South Carolina. Strategically located on the four-lane Highway 72-221 E, the property boasts convenient access to vital transportation infrastructure, including CSX Transportation rail access. The site has been recently cleared, significantly reducing site preparation costs and expediting the development process. Its prime location offers easy access to both recreational and urban amenities. Lake Greenwood is approximately 15 minutes away, providing recreational opportunities for employees and residents. Downtown Greenwood is also within a 15-minute drive, offering convenient access to local services and amenities. Furthermore, the property benefits from excellent interstate connectivity. Interstate 26 is approximately 30 minutes away, and Interstate 85 is approximately 40 minutes away, facilitating efficient regional and national distribution networks. This property is ideal for a variety of industrial uses, offering significant potential for substantial return on investment. The asking price is $1,945,584. The property is situated in Greenwood County, South Carolina, with a zip code of 29649. The precise coordinates are latitude 34.190333 and longitude -82.2388678.

    Property Features for 2707 Highway 72 221

    General Information

    Property type
    Land

    HighLights

    • 73.28‑acre industrial land parcel in Greenwood, SC.
    • Highway 72‑221 E frontage with CSX rail access.
    • Recently cleared site, minimizing site prep costs.
    • Proximity to Lake Greenwood and downtown Greenwood.
    • Convenient access to I‑26 (30 min) and I‑85 (40 min).
    • Asking price: $1,945,584.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Auto Repair Shop Auto Parts Store Department Store Kitchen & Bath Storage Facility Electrical Service Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Greenwood
    State
    South Carolina
    Longitude
    -82.2388678
    Latitude
    34.190333

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    FAQs

    What type of property is this?
    Land - Prime Greenwood SC industrial land, highway frontage, rail access.
    Where is this land located?
    The property is located at 2707 Highway 72 221 Greenwood, SC.
    What is the asking price?
    The asking price for this property is $1,945,584.
    What are key features of this property?
    This property features: 73.28-acre industrial land parcel in Greenwood, SC.; Highway 72-221 E frontage with CSX rail access.; Recently cleared site, minimizing site prep costs.
    Request Owner's contact information
    2707 Highway 72 221 Greenwood, SC 29649
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    Greenwood, SC 29649
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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
    2707 Highway 72 221 Greenwood, SC 29649
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