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Property profile & analytics
OFF-MARKET
Land

00 Floyd Road Spartanburg, SC 29307

Property ID
Property summary
AI-generated overview

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

Property profile
Verified
Property type Land
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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