55 Farrs Bridge RdGreenville, SC 29617
- Banks
- 5.05 AC
Property Details for 55 Farrs Bridge Rd
- Lot size
- 5.05 AC
- Zone code
- C2
- Property type
- Banks
- APN
- B016.00-03-004.00
- APU
- B016000300400
Description
This exceptional retail property, located at 55 Farrs Bridge Rd in Greenville, South Carolina, presents a unique investment opportunity. The single-story brick building boasts a generous 5,000 square feet of space, ideally suited for a variety of retail uses. Previously a bank branch, the property features six drive-thru bays, a significant advantage for businesses requiring convenient customer access. Ample parking is provided with 73 spaces, ensuring ease of access for customers and employees. The 4.13 acres of land offer significant potential for future development, with a strong possibility for residential expansion at the rear of the site. The property's strategic location at a signalized intersection in Greenville County (zip code 29617) ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving market. The property is available for sale or lease, offering flexibility to suit various business needs. This is a rare opportunity to acquire a well-located, versatile retail space with significant expansion potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $82,744,576
- 6.5%
- $76,379,608
- 7%
- $70,923,920
-
Comparable approach
- Method
- Valuation
- Relative Method
- $45,648,316
- Geo Method
- $45,648,316
-
Alternative Use
- Use
- Valuation
- Residential
- $64,429,056
- Hospitality
- $59,016,668
- Educational
- $49,101,176
- Medical
- $50,789,840
- Retail
- $76,379,608
Location Insight
- City
- Greenville
- County
- Greenville
- State
- South Carolina
- Latitude
- 34.8835
- Longitude
- -82.459
- CBSA code
- 24860
- CBSA name
- GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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