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    OFF-MARKET
    Land

    220 Evelyn Dr, Greenville, SC 29605

    27.5 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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