Woodruff, SC 29388
This exceptional 0.4-acre corner lot presents a remarkable opportunity for multifamily development in the thriving town of Woodruff, South Carolina. Ideally situated on Main Street, this property boasts a prime location just a quarter-mile from downtown Woodruff, offering convenient access to local amenities and services. The land is zoned for a six-unit duplex subdivision, making it an ideal project for developers seeking to capitalize on the significant growth projected for the Woodruff area. The Woodruff area is experiencing substantial residential expansion, with projections indicating the addition of up to 8,000 new homes by the end of 2025. This anticipated growth underscores the strong potential for rental demand in the coming years, making this property a particularly attractive investment. The site is serviced by readily available water, electric, and sewer utilities, streamlining the development process and minimizing upfront infrastructure costs. The property's three parcels are identified by the following APN numbers: 4-32-12-021.01
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.