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Property profile & analytics
OFF-MARKET
Commercial real estate

1622 Calhoun St Anderson, SC 29621

3.4 ac lot
Property ID
US77-0755568
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 3.4 ac (148,104 SF)
APN 148-14-01-002-005/148-14-01-021
UPID US77-0755568
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
Current use
Occupant on record · Public records
  • TS CONTROLS Engineering Consultant
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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