459 Centennial St Spartanburg, SC 29303-2767
This exceptional 15.5-acre commercial land parcel, located at 459 W Centennial St, Spartanburg, SC 29303 (APN 7-07-12-101.00), presents a compelling redevelopment opportunity. The property boasts significant road frontage, exceeding 1,170 feet on West Centennial Street and over 1,200 feet on Pierpoint Avenue Extension, ensuring high visibility and convenient access. Its strategic location in the heart of Spartanburg offers unparalleled connectivity. Nearby key locations include Spartanburg Regional Healthcare System (SRHS), Wofford College, I-85 Exit 4 (Hearon Circle), and Downtown Spartanburg. Furthermore, its proximity to educational institutions such as Spartanburg Community College (SCC), University of South Carolina Upstate (USCU), and the Edward Via College of Osteopathic Medicine (VCOM) makes it ideal for a variety of uses. This prime location is well-suited for diverse investment projects, ranging from multifamily housing developments to retail and service centers. The asking price for this significant land holding is $1,550,000.
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CC Woodson Center (Corporate Office) Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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.