For Sale
$1,210,690

0 Cedar Crest RdSpartanburg, SC 29301

18 Acres, Unzoned, Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 18.07-acre property in Spartanburg County, South Carolina, presents a unique investment opportunity. Located near I-85, I-26, and US 29, this unzoned land offers unparalleled flexibility for various commercial, industrial, or residential developments. The site boasts a picturesque setting, featuring a creek and waterfall, and enjoys convenient access to major transportation arteries, including a nearby railroad siding. Utilities are readily available through Duke Energy and Piedmont Natural Gas. The property's location within a dynamic growth corridor, surrounded by established businesses such as Adidas, FedEx, and Amazon, ensures a prime location for future development. The census tract qualifies for New Market Tax Credits, providing attractive financing incentives. Priced at $1,210,690 ($67,000/acre), this land offers significant potential for substantial returns. The absence of zoning restrictions allows for a wide range of development possibilities, making it an ideal choice for investors seeking a versatile and strategically located asset. The property's natural features, including the water element, offer additional appeal and potential for unique development concepts. This is a rare opportunity to acquire a large parcel of land in a thriving South Carolina market. The address is Cedar Crest Rd, Spartanburg, SC 29301.

Highlights

  • 12 units per acre density allowed.
  • Water feature provides natural privacy.
  • New Market Tax Credit eligibility.
  • Unzoned land, offering flexible development options.
  • $67,000 per acre asking price.

Property Details for 0 Cedar Crest Rd

Property type
Land, Industrial properties
Lot Size (sq. ft)
787,129 SF

Location Insight

City
Spartanburg
County
Spartanburg
State
South Carolina
Latitude
34.945338730422
Longitude
-82.036630964419
Cedar Crest Rd, Spartanburg, South Carolina

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0 Cedar Crest Rd
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