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Property profile & analytics
OFF-MARKET Estimated value $725,000
Refrigerated & Cold Storage

40 Woods Dr Fountain Inn, SC 29644-9016

0.84 ac lot
Entity Owned 4-yr Hold Free & Clear
Property ID
US77-1621038
Property summary
AI-generated overview

This exceptional 10-acre parcel in Fountain Inn, South Carolina, presents a remarkable mixed-use development opportunity. Strategically located on Highway 418, between Highway 418 and I-385, this property boasts unparalleled visibility and accessibility. The site benefits from its proximity to major roadways, ensuring high traffic volume and exposure to a large potential customer base. Neighboring established businesses include QuikTrip, Taco Bell, and a soon-to-be-built 50-acre Prisma Health hospital system, creating a synergistic environment for future development. The property's C2 zoning allows for a variety of uses, including grocery stores, quick-service restaurants, and shopping centers. The site offers unobstructed views from I-385, maximizing visibility to interstate traffic. This location is the southernmost retail node along the I-385 corridor, capturing residents and commuters from southern tertiary markets and the Greenville MSA. On-site utilities, including two sewer tap options, are readily available, simplifying the development process. A comprehensive due diligence package is available, including proposed site plans for various uses. The surrounding area is experiencing significant growth, with new residential developments adding over 5,000 new homes, further enhancing the property's long-term value and potential. This is a rare opportunity to capitalize on the thriving 418 Corridor's momentum and contribute to its continued success. The asking price is $4,365,000.

Property profile
Verified
Property type Refrigerated & Cold Storage
Use group COLD STORAGE
Lot 0.84 ac (36,590 SF)
Zoning code I-1
APN 0350.00-01-001.09
UPID US77-1621038
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
$765k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$725k
Owner & transaction history
Pakt Divine LLC · 4 yrs held
Pakt Divine LLC
since 2021
Last sale
$726,416
4 recorded transactions
2022
Price N/A
2022
Price N/A
2021
$726,416
2012
$60,940
Zoning & alternative use
I-1 · Fountain Inn, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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