Property summary
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
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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