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Property profile & analytics
OFF-MARKET
Land

0 Cedar Crest Rd Spartanburg, SC 29301

18.07 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 18.07-acre property in Spartanburg County, South Carolina, presents a unique investment opportunity. Located near I-85, I-26, and US 29, this unzoned land offers unparalleled flexibility for various commercial, industrial, or residential developments. The site boasts a picturesque setting, featuring a creek and waterfall, and enjoys convenient access to major transportation arteries, including a nearby railroad siding. Utilities are readily available through Duke Energy and Piedmont Natural Gas. The property's location within a dynamic growth corridor, surrounded by established businesses such as Adidas, FedEx, and Amazon, ensures a prime location for future development. The census tract qualifies for New Market Tax Credits, providing attractive financing incentives. Priced at $1,210,690 ($67,000/acre), this land offers significant potential for substantial returns. The absence of zoning restrictions allows for a wide range of development possibilities, making it an ideal choice for investors seeking a versatile and strategically located asset. The property's natural features, including the water element, offer additional appeal and potential for unique development concepts. This is a rare opportunity to acquire a large parcel of land in a thriving South Carolina market. The address is Cedar Crest Rd, Spartanburg, SC 29301.

Property profile
Verified
Property type Land
Lot 18.07 ac (787,129 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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