0 Cherokee St Blacksburg, SC 29702
This expansive industrial property, located at E Cherokee St in Blacksburg, South Carolina, offers a significant opportunity for businesses seeking flexible space. The site encompasses a total of 500,000 square feet of industrial space, divisible into units as small as 100,000 square feet, making it suitable for a variety of manufacturing, warehouse, and industrial operations. Situated in Cherokee County, this location benefits from excellent access to infrastructure, including proximity to I-85 (approximately 1.5 miles, with a daily traffic volume of approximately 47,800 vehicles). The property is also conveniently located within 45 miles of Charlotte, North Carolina. Further enhancing its appeal, this site is eligible for New Market Tax Credits and South Carolina Textile Tax Credits. Rail access is available, with potential for spur development. All utilities are on-site. The property is also designated as an Opportunity Zone, providing additional economic incentives, and benefits from Tier 4 County economic incentives and regional/state tax incentives. Development plans include a Phase 1 building pad of 500,000-600,000 square feet, with a potential Phase 2 expansion north of the railroad tract, offering an additional 1.5 million square feet or more with rail access and spur potential. This property presents a compelling investment opportunity with significant potential for growth and expansion. The property is zoned for industrial use and is ready for immediate development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.