2201 Boiling Springs Rd Boiling Springs, SC 29316
This exceptional 1.5-acre commercial land parcel presents a unique ground lease opportunity in the thriving Boiling Springs, South Carolina market. Located at 2201 Boiling Springs Road, near Cecelia Drive, this single-tenant property offers significant potential for development or expansion. The property's APN is 2-51-07-044.00, situated within Spartanburg County (zip code 29316). The lot size is precisely 1.5 acres, providing ample space for various commercial ventures. The property is classified as commercial land with a single tenancy arrangement. The total building square footage is currently listed as 1 square foot, indicating the land is available for new construction or the placement of pre-fabricated structures. This presents a blank canvas for a developer or business seeking to establish a strong presence in a growing area. The property's strategic location offers excellent visibility and accessibility, making it an attractive investment for businesses seeking a high-traffic area. The annual ground lease rate is $140,000. This prime location in Spartanburg County, South Carolina, offers a compelling opportunity for long-term growth and profitability. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land lease.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.