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Property profile & analytics
OFF-MARKET
Commercial real estate

135 Burke Ave Spartanburg, SC 29306

0.9 ac lot
Individually Owned 5-yr Hold
Property ID
US77-0303824
Property summary
AI-generated overview

This exceptional 0.9-acre commercial lot presents a prime investment opportunity in Spartanburg, South Carolina. Located at 135 Burke Ave, this property is ideally situated within city limits, offering convenient access to essential amenities and infrastructure. The lot is zoned I-1, providing flexibility for a variety of commercial uses. A significant advantage is the pre-installation of water and sewer taps, eliminating substantial upfront development costs and expediting the construction process. The property's size and zoning make it suitable for a range of commercial ventures. The parcel number is 7-16-10-027.00. This is a rare opportunity to acquire a ready-to-develop commercial lot in a thriving South Carolina city. The asking price is $130,000. Serious inquiries are encouraged. This property is located in Spartanburg County, South Carolina, with a zip code of 29306. The coordinates are 34.92770388 latitude and -81.93467543 longitude.

Property profile
Verified
Property type Commercial real estate
Lot 0.9 ac (39,204 SF)
APN 7-16-10-027.00
UPID US77-0303824
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Nannie Mae Rice Foundation · 5 yrs held
Nannie Mae Rice Foundation
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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