0 Goldmine Springs Rd, Gaffney, SC 29340
This exceptional 18.29-acre parcel presents a remarkable opportunity for multi-family development in the thriving city of Gaffney, South Carolina. Ideally situated just minutes from Limestone College, Gaffney High School, and the vibrant downtown area, this property boasts unparalleled accessibility. Less than five miles from Interstate 85, it offers seamless connectivity to Charlotte to the north and Greenville and Spartanburg to the south, ensuring convenient commutes for future residents. The expansive lot features over 2300 feet of road frontage along Goldmine Springs Road, Colonial Avenue, New Street, and Hetty Hill Street, maximizing development potential. Public water is readily available, and multiple sewer locations are conveniently situated. To facilitate a smooth development process, comprehensive due diligence has already been completed, including a conceptual site plan, topographical survey, Phase I Environmental Site Assessment (ESA), and Wetland Report. These documents are available upon request, providing a solid foundation for immediate project commencement. The property's strategic location and extensive infrastructure make it an exceptional investment opportunity for discerning developers seeking a prime location in a rapidly growing market. The asking price for this exceptional development site is $1,000,000. The APN is 100-00-00-018.001.
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
Similar Nearby for Sale
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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.