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Property profile & analytics
OFF-MARKET
Land

208 Exchange Village Dr Spartanburg, SC 29301

1.1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.1-acre commercial land parcel presents a unique investment opportunity in Spartanburg, South Carolina. Located at 208 Exchange Village Drive, this property boasts a highly desirable location, offering unparalleled visibility and accessibility. Situated directly off Interstate 85, with a signalized intersection, this site benefits from exceptional traffic counts, estimated at 98,000 vehicles daily on I-85 and 29,000 on Warren H Abernathy Highway. The property's strategic position is further enhanced by its proximity to a significant concentration of residential units – approximately 975 apartment units within a 0.4-mile radius, creating a strong potential customer base. All utilities are conveniently located on-site, and necessary retention is already in place, simplifying the development process. The asking price for this exceptional 1.1-acre lot is $485,000, translating to $485,000 per acre. The property is adjacent to the Upward Stars Center, adding to its appeal and potential for synergistic development opportunities. This is a rare chance to acquire a strategically positioned commercial lot in a thriving area with high visibility and strong demographics. Don't miss this opportunity to secure a prime location for your next commercial venture.

Property profile
Verified
Property type Land
Lot 1.1 ac (47,916 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Waffle House Restaurant
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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