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    OFF-MARKET
    Land

    220 Shelby Hwy, Gaffney, SC 29340

    66 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 66-acre industrial land parcel presents a compelling investment opportunity in Gaffney, South Carolina. Strategically located at the intersection of I-85 and Highway 18, this property boasts 1,500 feet of frontage along I-85, ensuring high visibility and accessibility. The 2023 South Carolina Department of Transportation traffic count reveals a significant 62,500 vehicles per day, underscoring the substantial traffic flow. All utilities are readily available, simplifying development plans. Situated in a Tier 3 zone, this location benefits from pro-business tax rates, making it an attractive proposition for businesses seeking a cost-effective and strategically advantageous location. Equidistant from both Charlotte, North Carolina, and Greenville, South Carolina, this property offers unparalleled access to a large and diverse workforce pool and consumer market. The property's APN is 116-00-00-042.000. The asking price for this significant industrial land holding is $5,580,000. This is a rare opportunity to acquire a large, well-located parcel with excellent infrastructure and access to major transportation arteries.

    Property profile
    Verified
    Property type Land
    Lot 66 ac (2,874,960 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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