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Property profile

482 By-Pass 72 Greenwood, SC 29649

OFF-MARKET
Retail properties & Spaces
4,992 SF 0.97 ac lot
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Property summary

AI-generated overview

This exceptional Greenwood, South Carolina retail property presents a prime investment opportunity. The former IHOP restaurant, located at 482 By-pass 72 NW, boasts a substantial 4,992 square foot building situated on a 0.97-acre lot. Its strategic location at a signalized intersection ensures high visibility and accessibility, further enhanced by its proximity to a Publix supermarket. The property offers convenient parking for 68 vehicles, providing a generous 13.6 spaces per 1,000 square feet. The site is zoned GC General Commercial, allowing for a variety of potential uses. With an estimated 25,000 average annual daily traffic count on By-pass 72 NW, this location guarantees significant exposure to a large customer base. This is an ideal opportunity for a savvy investor or business owner seeking a well-positioned, established property in a thriving South Carolina market. The property's size, location, and parking capacity make it a highly attractive prospect for a range of commercial ventures. The existing building provides a solid foundation for immediate occupancy or redevelopment, offering flexibility to suit diverse business needs. This is a rare chance to acquire a high-traffic retail space in a desirable location. The property is located in Greenwood, SC, zip code 29649.

Property profile

Verified
Property type Retail properties & Spaces
Total area 4,992 SF
Lot 0.97 ac (42,253 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

482 By-Pass 72 Greenwood, SC 29649
Greenwood metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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