I-85 And Us 585/Pine St, Spartanburg, SC 29303
This exceptional 45-acre commercial land parcel presents a unique investment opportunity in Spartanburg, South Carolina. Strategically located on both sides of I-585 at I-85, Exit 72, this property boasts over 1,000 feet of frontage on a highly trafficked interstate. Its position at the gateway to Spartanburg, on US 585/Pine Street, ensures high visibility and accessibility. The site is less than one mile from the University of South Carolina Upstate, with its approximately 5,996 students, and is also conveniently situated near Spartanburg Community College (approximately 8,596 students), Wofford College (approximately 1,608 students), and downtown Spartanburg. This location places the property within one of the Carolinas' largest metropolitan areas, a top 40 MSA with a population exceeding 1.5 million, further enhanced by its proximity to major employers such as BMW headquarters and Milliken & Company, employing approximately 950 people. The property is zoned for commercial use and is available for sale or build-to-suit opportunities. This prime location offers unparalleled potential for development, catering to a diverse range of commercial ventures. The property's address is I-85 S and US 585/Pine Street, Spartanburg, SC 29303, within Spartanburg County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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