Property profile

1 Factory Shops Blvd Gaffney, SC 29341

OFF-MARKET
Land
0.88 ac lot
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Property summary

AI-generated overview

This exceptional 0.88-acre commercial land parcel presents a remarkable investment opportunity in Gaffney, South Carolina. Situated at 1 Factory Shops Blvd, this outparcel enjoys a highly visible location adjacent to Outback Steakhouse and offers easy access from Interstate 85. The property is part of a larger development featuring several semi-improved pads, totaling approximately 2.698 acres fronting I-85 and an additional 1.2 acres on State Road S-11-440 near the Big E. Its strategic location provides convenient access to the thriving cities of Greenville, Spartanburg, and Charlotte, North Carolina. Nearby attractions include Carowinds Theme Park, Bank of America Stadium, Biltmore Estate, and the Blue Ridge Mountain Parkway. The site's proximity to BMW's U.S. Headquarters and Charlotte's banking industry further enhances its appeal. This property is perfectly suited for a variety of commercial uses, including hotels, full-service restaurants, retail establishments, or entertainment venues. The high visibility and accessibility make this an exceptional opportunity for businesses seeking a prominent location in a rapidly growing area. The property is zoned for commercial use (verification required). The lot size is approximately 0.875 acres, as per the provided information. This prime location offers significant potential for substantial return on investment. Interested parties should conduct their own due diligence.

Property profile

Verified
Property type Land
Lot 0.88 ac (38,333 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Clothing & Fashion Store
  • Clothing Store
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Discount Store Clothing & Fashion Store
  • Restaurant

Location

1 Factory Shops Blvd Gaffney, SC 29341
Gaffney metro
Google Maps

Value estimations

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