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    OFF-MARKET
    Land

    0 Chesnee Hwy, Spartanburg, SC 29303

    3.2 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.2-acre parcel, located at 2285 Chesnee Hwy and 126 Misty Lane in Spartanburg, South Carolina (zip code 29303), presents a prime opportunity for retail development. The property is conveniently situated just 0.3 miles from I-85, boasting impressive daily traffic counts of 70,100 vehicles. All utilities are readily accessible. The land is currently unzoned, offering flexibility for various development plans. The property comprises two parcels (Parcel IDs 7-02-00-015.01 and 7-02-00-015.02) and is divisible, allowing for tailored acquisitions. One parcel, encompassing approximately 1.08 acres at 2285 Chesnee Hwy, is available for $699,000 (originally listed at $750,000). The second parcel, situated at 126 Misty Lane, covers approximately 2.12 acres and is priced at $650,000. The combined asking price for the entire 3.2-acre tract is $1,349,000. This strategic location and flexible zoning make this an ideal investment for discerning developers seeking high-visibility commercial space in a thriving area. Further details, including drone footage, are available upon request.

    Property profile
    Verified
    Property type Land
    Lot 3.2 ac (139,392 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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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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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