Property profile

945 California Ave Spartanburg, SC 29303

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional ±6.05-acre commercial land parcel presents a unique investment opportunity in Spartanburg, South Carolina. Located at 945 California Avenue and 953 Weeping Oak Drive, this property is situated in unincorporated Spartanburg County, offering the advantage of flexible zoning regulations. This flexibility allows for a wide range of development possibilities, making it suitable for industrial, distribution, or mixed-use projects. The asking price for this expansive tract is $77,500, translating to $77,500 per acre. Its strategic location provides convenient access to Business 85 and the vibrant downtown Spartanburg area, enhancing its appeal to a diverse range of potential developers and investors. The property's dual street access via California Avenue and Weeping Oak Drive ensures excellent accessibility and visibility. Given its size, location, and zoning flexibility, this land parcel represents a compelling opportunity for those seeking to capitalize on the growth and development potential within the Spartanburg County market. The property's address is 945 California Ave, Spartanburg, SC 29303. This is a prime location for businesses seeking easy access to major transportation routes and the city center. The land is ready for development, offering a blank canvas for a variety of commercial ventures.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

945 California Ave Spartanburg, SC 29303
Spartanburg 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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