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    201 Montgomery Rd Ext Chesnee, SC 28114

    • Land
    • 286.00 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 201 Montgomery Rd Ext

    Lot size
    286.00 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 286-acre industrial land parcel presents a significant development opportunity in Mooresboro, North Carolina. Located at 201 Montgomery Rd Extension, this property boasts a strategic position near Spartanburg's market, adjacent to a zinc metal plant, and offering potential synergy with the Upstate Corporate Park. The site's proximity to major markets, including Spartanburg, Asheville, and Charlotte, makes it ideally suited for industrial or distribution uses. Originally approved by Duke Power for solar farm development, this project offers a viable alternative use with substantial leasing potential and significant tax advantages. The land's size and location provide ample space for large-scale development, catering to a variety of industrial needs. While the previous solar farm project was halted due to unforeseen circumstances, the groundwork laid provides a solid foundation for future development. This property is zoned for industrial use and offers a unique chance to capitalize on the growing demand for industrial space in the region. The property is situated in Rutherford County, NC, with a zip code of 28114, and has been verified as located in Chesnee, SC. The property's latitude and longitude coordinates are 35.1841343 and -81.8681595 respectively. This is a rare opportunity to acquire a large tract of land with significant development potential in a rapidly growing area.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chesnee
    County
    Rutherford
    State
    South Carolina
    Longitude
    -81.8682
    Latitude
    35.1841
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    201 Montgomery Rd Ext
    Chesnee, SC 28114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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