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    OFF-MARKET
    Land

    1 Factory Shops Blvd, Gaffney, SC 29341

    0.88 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • H&M Clothing & Fashion Store
    • OUTLET’S Clothing Store
    • SKECHERS Factory Outlet Clothing & Fashion Store (Bike/Boat/Book/etc) Store
    • Crate & Barrel Outlet Discount Store Clothing & Fashion Store
    • China Max Restaurant
    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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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