0 Cedar Springs Rd Spartanburg, SC 29306
This exceptional 1.07-acre commercial land parcel is ideally situated on Cedar Springs Road in Spartanburg, South Carolina, offering significant development potential. The property boasts approximately 300 feet of road frontage, ensuring excellent visibility and accessibility. Its prime location is less than one-eighth of a mile from the intersection of Southport Road and Cedar Springs Road, placing it within a thriving commercial corridor. All utilities are readily available on-site, simplifying the development process. This location presents a compelling opportunity for a variety of commercial ventures, including fast-food restaurants, retail establishments, or other businesses seeking high visibility and convenient access. The surrounding area demonstrates strong demographics, with a 3-mile radius encompassing a population of 25,864, 11,149 households, and a median household income of $45,656. The property's Spartanburg County Tax Map number is 7-21-03-001.02. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly growing area of Spartanburg. The asking price for this exceptional property is $175,000. Don't miss this chance to secure a prime location for your next commercial endeavor.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.