506 NE Main St Simpsonville, SC 29681
For Sale
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This exceptional 1.46-acre commercial land parcel is ideally situated at 506 NE Main St, Simpsonville, SC 29681, in Greenville County. Boasting high visibility to over 19,000 vehicles per day on NE Main Street, this property offers unparalleled access and exposure. Located within walking distance of historic downtown Simpsonville, it benefits from the area's explosive residential growth and recent commercial development boom, including numerous new restaurants, bars, and retail establishments. The site is zoned as an Innovative District, providing flexibility for a variety of uses, including retail, office, or medical facilities. This cleared lot will be delivered with all utilities in place, making it ready for immediate development. The asking price is $800,000, representing a land value of $479,042 per acre. Its location directly fronts an approved luxury townhome community, ensuring a strong and affluent customer base. This presents a unique opportunity to capitalize on Simpsonville's thriving market and establish a successful business in a highly desirable location. The strong demographics and rapid growth of the area make this a compelling investment prospect.
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
C2 · Simpsonville, SCSimpsonville. Always verify with local authorities before improvements.
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.