7771 Valley Falls Rd, Spartanburg, SC 29303
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.