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    OFF-MARKET
    Land

    998 Blacksburg Hwy Blacksburg, SC 29702

    425 ac lot
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    AI-generated overview

    This exceptional 425-acre land parcel presents a significant investment opportunity in Cherokee County, South Carolina. Strategically located at 998 Blacksburg Highway in Blacksburg (zip code 29702), this property boasts 3,000 feet of frontage along Interstate 85, a major transportation artery with a daily traffic volume of 57,300 vehicles. All utilities are available, including recently secured sewer access, making this site ready for immediate development. Its proximity to major metropolitan areas is a key advantage: Charlotte is 45 miles away, Greenville is 60 miles, and Spartanburg is 30 miles. The property's location within an Opportunity Zone further enhances its investment appeal, offering potential tax benefits. Adding to its desirability is the proximity to the $700 million Catawba Two Kings Casino development, approximately 10 miles north on I-85, currently under construction and slated for completion in early 2026. The APN numbers for this expansive property are: 153-00-00-027.002; 153-00-00-026.002; 153-00-00-004.000; 153-00-00-027.001; 153-00-00-052.000; 153-00-00-003.001; 153-00-00-004.000; 153-00-00-044.000; 153-00-00-048.000; 153-00-00-024.000; 153-00-00-028.000; 153-00-00-027.000. The asking price for this remarkable property is $16,900,000. Ownership is held by Barry E. Bailey.

    Property profile
    Verified
    Property type Land
    Lot 425 ac (18,513,000 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
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    Owner & transaction history
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    Zoning & alternative use
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    Allowed · conditional · prohibited
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    998 Blacksburg Hwy, Blacksburg, SC, 29702
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