2147 Chesnee Hwy, Spartanburg, SC 29303
This exceptional 10.27-acre property presents a unique investment opportunity on the rapidly growing Chesnee Highway (Highway 221) in Spartanburg, South Carolina. The land is zoned for both commercial and residential use, offering considerable flexibility for development. Situated conveniently near major industrial developments within a one-mile radius, this location benefits from excellent access to Interstate 85 via Exit 78, ensuring seamless connectivity to regional transportation networks. A well-maintained brick house is situated on the road frontage, adding potential value and immediate usability. The property's expansive size and strategic location make it ideal for a variety of uses, from industrial expansion to mixed-use development. The asking price is $1,250,000. The property's APN is 7-05-00-002.00. This prime piece of real estate in Spartanburg County offers significant potential for growth and return on investment. The property's versatility and prime location make it a highly attractive proposition for discerning investors seeking a foothold in a thriving market. Don't miss this chance to acquire a substantial parcel of land in a rapidly developing area.
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.