Cherokee St Blacksburg, SC 29702
- Warehouses
- 500,000 SF
Current Use by Public Records
- Warehouses
Property Details for 0 Cherokee St
- Property size
- 500,000 SF
- Property type
- Warehouses
- Property subtype
- Specialty properties
Description
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.
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
- Blacksburg
- County
- Cherokee
- State
- South Carolina
- Longitude
- -81.491
- Latitude
- 35.1312
