For Sale
$110,000

0Woodruff, SC 29388

0.4-Acre Corner Lot, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 0.4-acre corner lot presents a remarkable opportunity for multifamily development in the thriving town of Woodruff, South Carolina. Ideally situated on Main Street, this property boasts a prime location just a quarter-mile from downtown Woodruff, offering convenient access to local amenities and services. The land is zoned for a six-unit duplex subdivision, making it an ideal project for developers seeking to capitalize on the significant growth projected for the Woodruff area. The Woodruff area is experiencing substantial residential expansion, with projections indicating the addition of up to 8,000 new homes by the end of 2025. This anticipated growth underscores the strong potential for rental demand in the coming years, making this property a particularly attractive investment. The site is serviced by readily available water, electric, and sewer utilities, streamlining the development process and minimizing upfront infrastructure costs. The property's three parcels are identified by the following APN numbers: 4-32-12-021.01

Highlights

  • 0.4-acre corner lot in Woodruff, SC, ideal for multifamily development.
  • Prime Main Street location, a quarter-mile from downtown Woodruff.
  • Zoned for a six-unit duplex subdivision.
  • Strong rental demand projected due to Woodruff's anticipated 8,000 new homes by 2025.
  • Utilities (water, electric, sewer) readily available.
  • Property consists of three parcels (APN: 4-32-12-021.01).

Property Details

Property type
Land
Lot Size (sq. ft)
17,424 SF

Location Insight

City
Woodruff
County
Spartanburg
State
South Carolina
Latitude
34.7318588
Longitude
-82.0337423
Woodruff, South Carolina

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