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Property profile & analytics
OFF-MARKET
Land

2201 Boiling Springs Rd Boiling Springs, SC 29316

1 SF 1.5 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Total area 1 SF
Lot 1.5 ac (65,340 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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