Property profile

256 Tucapau Rd Duncan, SC 29334

OFF-MARKET
Office buildings
Property ID
US77-1086912
2,673 SF 14.3 ac lot Built 1996
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 38.239-acre industrial land parcel presents a prime development opportunity in Duncan, South Carolina. Located at 256 Tucapau Rd, Spartanburg County, zip code 29334, this commercially zoned property boasts convenient access to Highway 290, placing it strategically midway between Greenville and Spartanburg. The property's advantageous location maximizes accessibility and visibility, offering significant potential for industrial development. Conceptual plans envision the construction of two industrial buildings totaling approximately 310,500 square feet, incorporating ample truck court space, 62 trailer spaces, and 285 parking spaces. The site's proximity to Interstate 85 further enhances its appeal, providing seamless connectivity to major transportation arteries. This high-growth corridor offers exceptional potential for investors seeking to capitalize on the region's robust economic activity. The asking price for this remarkable development opportunity is $2,250,000. The property's APN is 5-26-00-003.00. This is a rare chance to acquire a substantial tract of land ideally suited for large-scale industrial projects in a thriving South Carolina market.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1996
Construction CONCRETE BLOCKS
Total area 2,673 SF
Lot 14.3 ac (623,039 SF)
APN 5-2600-00310
UPID US77-1086912

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Car Wash
  • Trucking Company
  • Trucking Company

Location

256 Tucapau Rd Duncan, SC 29334-8847
Duncan metro Census 23406 SPARTANBURG, SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2023
Last sale
$369,774
3 recorded transactions
2023
$333,000
2023
$369,774
2023
$623,737

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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