455 Buncombe Rd Greer, SC 29650
- Commercial real estate
- 1.90 lot acres
Current Use by Public Records
- Georgea Thekkethottiyil, DDS / Dentist
- Greer Dental Studio / Dentist / Denture Care Center
Property Details for 455 Buncombe Rd
- Lot size
- 1.90 lot acres
- Zone code
- C-2
- Property type
- Commercial real estate
- APN
- G006.00-01-004.04
- APU
- G006000100404
Description
This exceptional 0.74-acre commercial land parcel presents a unique investment opportunity in the thriving city of Greer, South Carolina. Located at 455 S Buncombe Rd, 29650, this single-tenant property is the northernmost portion of a larger tax parcel and offers significant potential for development. All utilities are readily available, ensuring seamless construction and operation. The property benefits from its strategic location adjacent to The Preserve at West View, a Class A multifamily development, indicating strong surrounding growth and demand. Furthermore, its proximity to Wade Hampton Blvd (within approximately 1 mile) provides excellent access to major transportation arteries. Shared parking and a detention pond are existing site amenities. The high traffic volume of approximately 29,100 vehicles per day along S. Buncombe Rd offers exceptional visibility and accessibility for any future business. The property's location near Prisma Health Greer Memorial Hospital further enhances its appeal. The owner is open to considering build-to-suit options, providing flexibility for potential buyers or developers to tailor the property to their specific needs. This prime commercial land presents a compelling opportunity for investors seeking a strategic location in a rapidly growing area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $310,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $375,000
- 6.5%
- $425,000
- 7%
- $360,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $430,000
- Geo Method
- $340,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $440,000
- Retail
- $355,000
- Mixed-Use
- $370,000
- Hospitality
- $420,000
- Educational
- $360,000
- Residential Income
- $445,000
- Energy
- $375,000
- Income-Based Land
- $365,000
- Food Service
- $390,000
Location Insight
- Map
- Local Demand
- City
- Greer
- County
- Greenville
- State
- South Carolina
- Longitude
- -82.2489
- Latitude
- 34.9311
- CBSA code
- 24860
- CBSA name
- GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA