Property profile

2 Redstone Rd Greenville, SC 29611

OFF-MARKET
Land
Property ID
US77-1416223
1.76 ac lot
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Property summary

AI-generated overview

This exceptional 1.76-acre property in Greenville, South Carolina, presents a compelling development opportunity. Located at 2 Redstone Rd, 29611, this assemblage comprises three parcels totaling 1.76 acres with 380 feet of road frontage on SC-253. The property is zoned RMA (Multi-Family Residential District), allowing for the construction of up to 20 units per acre. Potential uses include multi-family dwellings, manufactured homes, or prefabricated housing. An existing structure on the property has undergone structural repairs and features a new roof, offering potential for remodeling or repurposing. The property's prime location offers convenient access to downtown Greenville and the Swamp Rabbit Trail. Westside Park and Aquatic Center are directly across SC-253, enhancing the property's desirability. This is a rare opportunity to acquire a substantial land parcel in a thriving Greenville neighborhood at an attractive price point of $450,000. The property's central location, zoning flexibility, and existing structure combine to create a highly attractive investment prospect. Detailed property documents are available upon request.

Property profile

Verified
Property type Land
Lot 1.76 ac (76,666 SF)
UPID US77-1416223

Cap rate & NOI

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

Location

2 Redstone Rd Greenville, SC 29611
Greenville metro
Google Maps

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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