Property profile

1205 Asheville Hwy Spartanburg, SC 29303

OFF-MARKET
Land
1.41 ac lot
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Property summary

AI-generated overview

This exceptional 1.41-acre commercial land parcel presents a remarkable investment opportunity in the thriving Spartanburg, South Carolina market. Strategically located on Asheville Highway, this property boasts significant road frontage, offering approximately 272 feet of visibility on Asheville Highway and an additional 230 feet along Centennial Avenue. The property's dual road frontage provides convenient access from both major thoroughfares, enhancing its appeal for a wide range of commercial ventures. Its proximity to the intersection of Asheville Highway and California Avenue ensures high traffic volume and excellent exposure. The site offers convenient ingress and egress from Centennial Avenue. All utilities are readily available, simplifying development plans. The property is identified by Spartanburg County Tax Map number 6-13-12-013.00. While there is no specific zoning designation, the property is subject to the Spartanburg Unified Land Management Ordinance. This prime location, combined with its substantial size and accessibility, makes this land ideal for various commercial uses. The asking price for this exceptional property is $795,000. Don't miss this chance to acquire a highly visible and versatile commercial land parcel in a rapidly growing area.

Property profile

Verified
Property type Land
Lot 1.41 ac (61,420 SF)

Cap rate & NOI

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

Location

1205 Asheville Hwy Spartanburg, SC 29303
Spartanburg metro
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Value estimations

Realmo proprietary · 4 methods
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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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