425 Byp 72nd NW, Greenwood, SC 29649-1405
This exceptional 34,896 square foot retail property, built in 2017, is ideally situated at 425 By Pass 72 NW in Greenwood, South Carolina, zip code 29649. Located in Greenwood County, this former grocery store offers a prime opportunity for a variety of uses. The 4.8-acre lot provides ample space for parking and potential out-parcel development, adding significant value. The property boasts excellent visibility and accessibility, with direct access to Highway 72 and the Crosscreek Connector, offering convenient access to a lighted interchange. Cross-access through an adjacent shopping center provides access to another lighted interchange, further enhancing its strategic location. This high-traffic area is surrounded by established retailers, including TJ Maxx, Hobby Lobby, Publix, Lowe's Home Improvement, and Walmart, creating a strong retail environment. The property presents a unique opportunity for an anchor retail tenant, medical office space, storage facility, or complete redevelopment, catering to a wide range of business needs. Consider the potential for significant return on investment in this thriving Greenwood retail corridor.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.