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Property profile & analytics
OFF-MARKET
Retail space

300 Poinsett Hwy Travelers Rest, SC 29690-2304

0.31 ac lot Built 1995
Individually Owned 1-yr Hold Free & Clear
Property ID
US77-0577882
Property summary
AI-generated overview

This exceptional 1.36-acre commercial land parcel presents a rare development opportunity in the thriving Travelers Rest, South Carolina market. Strategically located between Downtown Travelers Rest and Highway 25 Bypass, this property enjoys high visibility and convenient access, just 0.7 miles from the vibrant downtown area and only 9.5 miles from Greenville's city center. The property is zoned C2 & R-M by the City of Travelers Rest, offering flexibility for a variety of uses, and is easily adaptable for multifamily or mixed-use development. Adding to its appeal, the site includes a roughly 2,650-square-foot condemned building, and boasts multiple access points from N. Poinsett Hwy., Hemlock Dr., and Thomas Dr. Four parcels are included, identified by Greenville County Tax Map Numbers 0497000503900, 0497000503800, 0497000504000, and 0497000500701. Further enhancing its value, the ongoing beautification of N. Poinsett Hwy. includes the extension of the Swamp Rabbit Trail directly across the street, scheduled for completion by the end of 2024. The property's proximity to Gateway Elementary School, Northwest Middle School, Travelers Rest High School, and Furman University adds to its long-term potential. This is an unparalleled chance to capitalize on the area's robust growth and create a significant investment. The asking price is $1,350,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1995
Lot 0.31 ac (13,547 SF)
Zoning code C2
APN 0497.00-05-039.00
UPID US77-0577882
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Greenville Legislative Delegation T · 1 yrs held
Greenville Legislative Delegation T
since 2024
Last sale
$4,000
2 recorded transactions
2024
$4,000
2023
Price N/A
Zoning & alternative use
C2 · Travelers Rest, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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