459 Wofford St Spartanburg, SC 29301
- Commercial real estate
- 3.88 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 459 Wofford St
- Lot size
- 3.88 lot acres
- Property type
- Commercial real estate
Description
This exceptional 3.88-acre commercial land parcel presents a unique investment opportunity in the heart of Spartanburg, South Carolina. Located at 459 Wofford Street, this property boasts a prime B3 zoning designation, allowing for a diverse range of development possibilities, including multifamily projects such as apartments, townhomes, and condos. The site is strategically situated within a designated Opportunity Zone, offering significant tax advantages for qualified investors. Detailed preliminary site plans and progress architectural drawings are available for review, streamlining the development process. This location offers unparalleled convenience and accessibility, situated just 0.5 miles from the new baseball stadium and adjacent to a substantial $55 million townhome development, a $13 million city police station, a fire department station, and the Dan (rail trail). This combination of prime location, flexible zoning, and existing infrastructure makes this property an ideal platform for a lucrative commercial venture. The asking price for this exceptional opportunity is $1,400,000. The property's address is 459 Wofford St, Spartanburg, SC 29301, within Spartanburg County.
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
- -81.9438169
- Latitude
- 34.9496463