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Property profile

3101 Martin Luther King Jr Blvd Anderson, SC 29625

OFF-MARKET
Land
2.57 ac lot
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Property summary

AI-generated overview

This exceptional 2.57-acre commercial land parcel presents a remarkable investment opportunity in Anderson, South Carolina. Strategically located at the high-traffic intersection of Martin Luther King Jr. Boulevard and Civic Center Boulevard, this unzoned property boasts significant frontage on both major thoroughfares – 360 feet on Martin Luther King Jr. Boulevard and 250 feet on Civic Center Boulevard. Its prime corner location offers unparalleled visibility and accessibility, making it ideally suited for a wide range of commercial developments. The asking price is $350,000. Given the current development activity along Martin Luther King Jr. Boulevard, this site is poised to benefit from substantial future growth. The property's expansive size and prominent location provide a unique opportunity to capitalize on the area's increasing commercial activity. This is a rare chance to acquire a substantial piece of land in a rapidly developing area of Anderson, SC. The property's unzoned status allows for considerable flexibility in development plans, catering to a diverse range of commercial ventures. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering. The address is 3101 Martin Luther King Jr Blvd, Anderson, SC 29625.

Property profile

Verified
Property type Land
Lot 2.57 ac (111,949 SF)

Cap rate & NOI

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

Location

3101 Martin Luther King Jr Blvd Anderson, SC 29625
Anderson 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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