2 Groce Rd Lyman, SC 29365-1609
This exceptional 1.9-acre commercial property presents a rare opportunity in the thriving Lyman, SC market. Situated at the last remaining prime intersection along Highway 29, this 1.09-acre corner lot at the intersection of Highway 29 and Groce Road benefits from an average daily traffic count of 37,500 vehicles. Its strategic location between Greer and downtown Spartanburg, coupled with Lyman's significant residential growth and proximity to Interstate 85, makes it an ideal site for a variety of businesses. The City of Lyman will donate a .27-acre right-of-way to the developer upon closing, further enhancing the property's value and development potential. This high-visibility location is perfect for businesses seeking maximum exposure, such as fast-food restaurants, oil change facilities, or dental offices. The property is priced competitively at $350,000, offering a compelling investment opportunity in a rapidly expanding area. Don't miss this chance to secure a prime commercial location in one of South Carolina's most dynamic markets. The property is zoned for general commercial use.
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HODGE AUTO SALES - Used Cars - Lyman SC Dealer Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.