Property profile

7771 Valley Falls Rd Spartanburg, SC 29303

OFF-MARKET
Land
Property ID
US77-1162172
15.53 ac lot
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Property summary

AI-generated overview

This exceptional 15.53-acre commercial land parcel presents a unique investment opportunity in Spartanburg, South Carolina. Strategically located at the intersection of Valley Falls Road and Highway 176, this property boasts approximately 650 feet of road frontage on Valley Falls Road. Its prime location directly across from the University of South Carolina Upstate campus makes it ideally suited for a variety of high-demand developments, including apartments, multi-family housing, or student housing. The property's proximity to I-85 (approximately one mile away) ensures excellent accessibility and connectivity. Adding to its appeal, the land includes a portion of a roughly 20-acre lake, offering stunning views and potential aesthetic enhancements to any future development. All utilities are readily available to the site, simplifying the development process. The property's convenient location, combined with its size and desirable features, presents a compelling opportunity for investors seeking high-return potential in a thriving market. The Spartanburg County Tax Map numbers are 2-56-00-011.00 & 2-56-00-010.01. The asking price for this remarkable property is $895,000.

Property profile

Verified
Property type Land
Lot 15.53 ac (676,487 SF)
UPID US77-1162172

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7771 Valley Falls Rd Spartanburg, SC 29303
Spartanburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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