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Property profile & analytics
OFF-MARKET
Commercial real estate

2285 Chesnee Hwy Spartanburg, SC 29303

1.08 ac lot
Property ID
US77-0602767
Property summary
AI-generated overview

This exceptional 1.08-acre commercial land parcel presents a prime opportunity for retail development in Spartanburg, South Carolina. Strategically located at 2285 Chesnee Highway, this property boasts convenient access to all utilities and enjoys exceptional visibility due to its proximity to Interstate 85, only 0.3 miles away. The high traffic count of 70,100 vehicles further underscores the site's significant potential for attracting customers. The property is identified by Parcel ID 7-02-00-015.01 and is offered at an asking price of $699,000. A drone flight showcasing the property's location and surrounding area is available online. While this 1.08-acre parcel is a compelling investment on its own, note that an additional 2.12-acre adjacent parcel (126 Misty Land) is also available for purchase separately at an asking price of $650,000. This presents a unique opportunity to acquire a larger contiguous land holding for a more extensive development project. The property's location in Spartanburg County, South Carolina, zip code 29303, offers excellent access to a thriving community and robust infrastructure. This is a rare chance to secure a highly visible and well-situated retail development site in a rapidly growing area.

Property profile
Verified
Property type Commercial real estate
Lot 1.08 ac (47,045 SF)
UPID US77-0602767
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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