Property profile

102 Forestdale Dr Gaffney, SC 29341

OFF-MARKET
Office Spaces
1.49 ac lot
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Property summary

AI-generated overview

This exceptional 1.49-acre investment property in Gaffney, South Carolina, presents a unique redevelopment opportunity. Strategically located just off I-85 at exit 90, this site boasts excellent visibility and convenient access from the Interstate, situated on freshly paved Lemmons Lane, running parallel to I-85. The property includes a tenant-occupied single-family home currently generating a monthly rental income of $500, providing immediate cash flow. Its prime location is surrounded by thriving businesses, including QuikTrip, Starbucks, and Bojangles, and sits directly across I-85 from Cracker Barrel and the Outlet Mall, ensuring high traffic volume and strong commercial potential. The asking price for this mixed-use (industrial, land, multifamily, and office) property is $599,000. This high-traffic area offers significant upside for investors seeking a prime location with existing income and substantial redevelopment possibilities. The property's zoning and potential uses should be independently verified. This is a rare opportunity to acquire a substantial parcel in a rapidly growing area. Don't miss out on this exceptional investment prospect.

Property profile

Verified
Property type Office Spaces
Lot 1.49 ac (64,904 SF)

Cap rate & NOI

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

Location

102 Forestdale Dr Gaffney, SC 29341
Gaffney 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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