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    OFF-MARKET
    Land

    208 Exchange Village Dr, Spartanburg, SC 29301

    0.95 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.95-acre commercial land parcel is ideally situated in Spartanburg, South Carolina, at 208 Exchange Village Drive East, zip code 29301. Priced at $485,000, this property presents a unique investment opportunity. Boasting a prime location directly off I-85, this lot benefits from exceptional visibility and convenient access. The site is strategically positioned near a signalized intersection and enjoys a high volume of daily traffic, with Warren H Abernathy Hwy showing 29,000 vehicles per day and I-85 boasting 98,000. Adding to its appeal, the property is surrounded by a thriving residential community, with 975 apartment units within a 0.4-mile radius. All utilities are conveniently located on-site, and necessary retention is already in place, simplifying the development process. The property's proximity to the Upward Stars Center further enhances its desirability and potential for a variety of commercial uses. This ready-to-develop lot offers significant potential for investors seeking a high-traffic location with established infrastructure. The land is zoned for commercial use and is ready for immediate development. This is an excellent opportunity to capitalize on the strong growth and development in the Spartanburg area.

    Property profile
    Verified
    Property type Land
    Lot 0.95 ac (41,382 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
    • Waffle House Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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