Property profile

131 Fine Rd Spartanburg, SC 29303

FOR LEASE
Land
Property ID
US77-3049707
5.49 ac lot
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Property summary

AI-generated overview

This exceptional 5.49-acre commercial land parcel, located at 131 Fine Rd in Spartanburg, South Carolina, presents a unique investment opportunity. Zoned for industrial outdoor storage, the property is ideally suited for a wide range of uses, including trucking, contracting, and other industrial businesses. Currently utilized for truck parking and automotive repair, the site offers existing infrastructure with partial graveling and fencing. Its strategic location provides convenient access to major transportation arteries, being approximately 1.3 miles from I-85 and 3.4 miles from I-26. The property is situated in Spartanburg County, within a thriving industrial area, surrounded by established businesses. The asking price for this versatile and well-positioned land is $1,750,000. The APN is 2-56-01-013.00. This property offers significant potential for growth and development within a robust industrial market. Its existing improvements and convenient location make it an attractive option for investors seeking a ready-to-use or easily adaptable site. The property's zoning allows for a variety of industrial uses, providing flexibility for future expansion and adaptation to changing market demands. This is a rare opportunity to acquire a substantial land parcel in a prime industrial location in Spartanburg, SC.

Property profile

Verified
Property type Land
Lot 5.49 ac (239,144 SF)
UPID US77-3049707

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

131 Fine Rd Spartanburg, SC 29303
Spartanburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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