3 Vlg Ct, Spartanburg, SC 29301
This exceptional 4.65-acre commercial land parcel presents a unique investment opportunity in Spartanburg, South Carolina. Located at 3 Village West Court, 29301, this property is zoned for residential use, making it ideally suited for townhouse or multifamily development. The land is situated off Vanderbilt Road, adjacent to an existing townhouse community, providing immediate access to established infrastructure and amenities. While a portion of the land lies within a floodplain, a significant area remains suitable for construction. The property boasts a picturesque setting, featuring a beautiful creek, wooded areas, and an established walking trail, enhancing its appeal and potential for high-quality residential development. The convenient location and attractive natural surroundings combine to create a desirable location for future residents. The asking price for this prime development site is $125,000. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.