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Property profile & analytics
OFF-MARKET
Land

2910 Main St Spartanburg, SC 29307

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 11.56-acre mixed-use development opportunity in Spartanburg, South Carolina, presents a compelling investment prospect. Located on East Main Street Extension, the property boasts approximately 650 feet of frontage, ensuring high visibility and accessibility. The site is strategically positioned less than a mile from Spartanburg High School and adjacent to a new residential development, promising strong growth potential. A proposed plan includes 42 townhomes and additional retail space, catering to the community's evolving needs. A dedicated 1.81-acre retail strip offers ample space for diverse businesses. Furthermore, three one-acre outparcels are available for individual sale at $1,000,000 per acre, providing flexibility for customized development. The property is serviced by readily available water and sewer infrastructure, simplifying the development process. This is a unique chance to capitalize on the burgeoning Eastside of Spartanburg, combining residential and commercial elements in a high-demand location. The zoning is commercial, and the land is for sale by owner. This offering includes three outparcels, each approximately one acre, providing significant development potential. The property's location and infrastructure make it an ideal site for a variety of commercial and residential projects. The existing proposed plan offers a strong foundation for future development, but the outparcels allow for flexibility and customization.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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