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    Land

    945 California Ave, Spartanburg, SC 29303

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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
    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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