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    506 Main St Simpsonville, SC 29681

    For Sale
    $800,000

    Prime 1.46-acre commercial land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.46-acre commercial land parcel is ideally situated at 506 NE Main St, Simpsonville, SC 29681, in Greenville County. Boasting high visibility to over 19,000 vehicles per day on NE Main Street, this property offers unparalleled access and exposure. Located within walking distance of historic downtown Simpsonville, it benefits from the area's explosive residential growth and recent commercial development boom, including numerous new restaurants, bars, and retail establishments. The site is zoned as an Innovative District, providing flexibility for a variety of uses, including retail, office, or medical facilities. This cleared lot will be delivered with all utilities in place, making it ready for immediate development. The asking price is $800,000, representing a land value of $479,042 per acre. Its location directly fronts an approved luxury townhome community, ensuring a strong and affluent customer base. This presents a unique opportunity to capitalize on Simpsonville's thriving market and establish a successful business in a highly desirable location. The strong demographics and rapid growth of the area make this a compelling investment prospect.

    Property Features for 506 Main St

    General Information

    Property type
    Land
    Lot Size
    63,598 SF

    HighLights

    • High visibility to 19,000+ vehicles per day on NE Main St.
    • Walking distance to Downtown Simpsonville.
    • Excellent demographics in a rapidly growing area.
    • Site delivered fully cleared and with utilities in place.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Simpsonville
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.2576349
    Latitude
    34.744541

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    FAQs

    What type of property is this?
    Land - Prime 1.46-acre commercial land
    Where is this land located?
    The property is located at 506 Main St Simpsonville, SC.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: High visibility to 19,000+ vehicles per day on NE Main St.; Walking distance to Downtown Simpsonville.; Excellent demographics in a rapidly growing area.
    (864) 593-6644
    Request Owner's contact information
    506 Main St Simpsonville, SC 29681
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    Simpsonville, SC 29681
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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
    506 Main St Simpsonville, SC 29681
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