256 Tucapau RdDuncan, SC 29334

Property Details for 256 Tucapau Rd

Year built

1996

Construction

CONCRETE BLOCKS

Lot size

14.30 AC

Property size (Sq ft)

2,673 SF

Property type

Office properties

Property subtype

Office buildings

APN

5-2600-00310

APU

5260000310

Description

This exceptional 38.239-acre industrial land parcel presents a prime development opportunity in Duncan, South Carolina. Located at 256 Tucapau Rd, Spartanburg County, zip code 29334, this commercially zoned property boasts convenient access to Highway 290, placing it strategically midway between Greenville and Spartanburg. The property's advantageous location maximizes accessibility and visibility, offering significant potential for industrial development. Conceptual plans envision the construction of two industrial buildings totaling approximately 310,500 square feet, incorporating ample truck court space, 62 trailer spaces, and 285 parking spaces. The site's proximity to Interstate 85 further enhances its appeal, providing seamless connectivity to major transportation arteries. This high-growth corridor offers exceptional potential for investors seeking to capitalize on the region's robust economic activity. The asking price for this remarkable development opportunity is $2,250,000. The property's APN is 5-26-00-003.00. This is a rare chance to acquire a substantial tract of land ideally suited for large-scale industrial projects in a thriving South Carolina market.

• CAP approach

  CAP return

  Valuation

  6%

  $516,240

  6.5%

  $476,529

  7%

  $442,491

• Comparable approach

  Method

  Valuation

  Relative Method

  $220,068

  Geo Method

  $220,068

• Alternative Use

  Use

  Valuation

  Residential

  $590,896

  Hospitality

  $541,258

  Educational

  $450,320

  Medical

  $465,807

  Retail

  $700,498

Location Insight

City

Duncan

County

Spartanburg

State

South Carolina

Latitude

34.8989

Longitude

-82.101

CBSA code

43900

CBSA name

SPARTANBURG, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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