1622 Calhoun St Anderson, SC 29621
This 3.4-acre parcel, located at 1622 E Calhoun St, Anderson, SC 29621, presents a unique redevelopment opportunity. Currently featuring a two-bedroom, two-bathroom bungalow, the property is zoned unzoned, offering significant flexibility for various projects. The existing structure could be repurposed or removed to accommodate a new development. The site's location offers convenient access to Anderson University, downtown Anderson, medical facilities, shopping, and dining, making it an attractive location for residential development. The property's size and location make it ideal for multi-family housing, zero lot line homes, or other high-density residential projects. Sewer availability is a key advantage. The asking price is $395,000. The property's APN is 148-14-01-002-005/148-14-01-021. This represents a compelling investment opportunity in a growing market, addressing the current housing shortage. The existing bungalow could provide immediate rental income while redevelopment plans are finalized. The potential for creating a thriving residential community in this desirable location is significant. Consider the possibilities for student housing, catering to the nearby university, or creating a unique residential development that meets the needs of the community.
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TS CONTROLS Engineering Consultant
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.