2285 Chesnee Hwy Spartanburg, SC 29303
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.
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
Similar Nearby for Sale
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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.