Property profile

29 & Tiger Lk Rd Spartanburg, SC 29303

OFF-MARKET
Land
213,000 SF 1.25 ac lot
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Property summary

AI-generated overview

This exceptional 1.25-acre commercial land parcel, located at the intersection of Highway 29 and Tiger Lake Road in Spartanburg, South Carolina (zip code 29303), presents a unique investment opportunity. Boasting over 210 feet of road frontage on Highway 29, this property enjoys high visibility and accessibility. Its strategic location is approximately half a mile from I-85, ensuring convenient access to major transportation routes. The site is ideally suited for a variety of commercial uses, including restaurants, fast-food establishments, or convenience stores. Adding to its appeal, the property is adjacent to the Upward Sports Complex, benefiting from significant foot traffic and community engagement. Further enhancing its potential, a large industrial building (approximately 213,000 square feet) is currently under construction directly behind the property, and a recently announced mixed-use development project is situated across the road. The property's APN is 5-17-00-019.37, and all utilities are available on-site. The asking price is $650,000, translating to $3.05 per square foot. This prime location and the surrounding development activity make this a compelling investment prospect with significant future growth potential.

Property profile

Verified
Property type Land
Total area 213,000 SF
Lot 1.25 ac (54,450 SF)

Cap rate & NOI

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

Location

29 & Tiger Lk Rd 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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