Cedar Crest Rd Spartanburg, SC 29301
- Land
- 18.07 lot acres
Current Use by Public Records
- Land
Property Details for 0 Cedar Crest Rd
- Lot size
- 18.07 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Spartanburg
- County
- Spartanburg
- State
- South Carolina
- Longitude
- -82.0366
- Latitude
- 34.9453
