Property profile

220 Shelby Hwy Gaffney, SC 29340

OFF-MARKET
Land
66 ac lot
Saved · see the list in your Dashboard

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

Location

220 Shelby Hwy Gaffney, SC 29340
Gaffney metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 220 Shelby Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message