For Sale
$399,750

0 Reidville Rd @ Rocky LnMoore, SC 29369

5.33 Acres, Residential Development Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 5.33-acre parcel in Moore, South Carolina, presents a compelling opportunity for residential development. Strategically located at the intersection of Reidville Road and Rocky Lane, this property boasts approximately 128 feet of frontage on Reidville Road and approximately 700 feet on Rocky Lane. Its prime location offers easy access to nearby retail, restaurants, and District 5 schools, enhancing its appeal to potential residents. High traffic counts, with approximately 15,425 cars per day (2023 Placer.AI data), underscore the visibility and accessibility of this site. The surrounding demographics are strong, with a 3-mile radius encompassing a population of 21,339, 7,981 households, and an average household income of $96,207. The minimum household income within this radius is $79,564, indicating a robust and affluent market. Projected growth from 2023-2028 is estimated at approximately 7.41%, further solidifying the long-term investment potential. The property is priced at $75,000 per acre, totaling $399,750. The Spartanburg County Tax Map number is 5-32-05-003.00. This is an ideal location for a residential development project, offering significant potential for return on investment.

Highlights

  • $399,750 asking price for 5.33 acres of land.
  • $75,000 per acre land value.
  • Ideal for residential development.
  • Located near retail, restaurants, and District 5 schools in Moore, SC.
  • Significant road frontage: approximately 128 feet on Reidville Road and 700 feet on Rocky Lane.
  • High traffic count: approximately 15,425 cars per day (2023 Placer.AI data).

Property Details for 0 Reidville Rd @ Rocky Ln

Property type
Land
Lot Size (sq. ft)
232,175 SF

Location Insight

City
Moore
County
Spartanburg
State
South Carolina
Latitude
34.8883888
Longitude
-82.0611941
Reidville Rd @ Rocky Ln, Moore, South Carolina

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0 Reidville Rd @ Rocky Ln
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