00 Floyd Road Spartanburg, SC 29307
This vacant commercial lot in Spartanburg County is a prime opportunity for medical or general office use, with minimal clearing needed and a level topography. The area is predominantly occupied by medical buildings, making it an ideal location for businesses in the healthcare industry. Located on Floyd Road, the lot boasts excellent visibility with approximately 150 linear feet of road frontage. Additionally, the property's superb location is further highlighted by its proximity to a large industrial development, located less than half a mile away. Moreover, a 456-unit residential development is set to begin construction in February 2024, less than 0.7 miles from the lot. With all public utilities available and in the Spartanburg Sanitary Sewer District, this ±1.07 acreage presents a rare investment opportunity in an emerging and highly desirable area. Location Description +/- 8 Minutes from I-85 +/-10 Minutes to Downtown Spartanburg +/-37 Minutes to Downtown Greenville
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
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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.