Property profile

220 Evelyn Dr Greenville, SC 29605

OFF-MARKET
Land
27.5 ac lot
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Property summary

AI-generated overview

This exceptional 27.5-acre parcel presents a remarkable development opportunity in Greenville, South Carolina. Strategically located just miles from downtown Greenville, this property boasts unparalleled connectivity with immediate access to I-85 and US Highway 25. The land is zoned for high-density development, divided into two distinct sections: 9 acres designated for high-density residential use and 18.5 acres zoned for high-density multifamily development. This infrastructure-ready site offers existing utilities including water, electricity, gas, and access to high-capacity sewer lines, minimizing development hurdles and accelerating project timelines. Further enhancing its appeal, the property is designated as a Qualified Census Tract, opening doors to potential tax-credit projects. With its ideal location, versatile zoning, and readily available infrastructure, this property represents a compelling investment for developers seeking to create a thriving residential community or a substantial multifamily complex in a highly desirable Greenville location. The property is offered fee simple and has an APN of WG05000201302. The asking price is $3,800,000.

Property profile

Verified
Property type Land
Lot 27.5 ac (1,197,900 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

220 Evelyn Dr Greenville, SC 29605
Greenville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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