1 Pete Hollis BlvdGreenville, SC 29601

  • Auto shops
  • 0.74 AC

Property Details for 1 Pete Hollis Blvd

Year built
1995
Lot size
0.74 AC
Zone code
RDV
Property type
Auto shops
APN
0021.00-01-001.01
APU
21000100101

Description

This exceptional 1.34-acre commercial land parcel presents a unique opportunity for development in Greenville County. Ideally situated on Pete Hollis Boulevard, the property boasts 260 feet of frontage at a highly visible, lighted intersection. This prime location ensures maximum exposure for any commercial venture. The site benefits from significant daily traffic volume, with Pete Hollis Boulevard registering 17,091 vehicles per day and a combined total of 28,844 vehicles per day including Rutherford Road. The property is designated for single-tenant occupancy, offering developers a clean slate to construct a build-to-suit project or execute a ground lease agreement. Its location on the morning side of traffic further enhances its visibility and accessibility. This is an exceptional opportunity for businesses seeking a high-traffic, easily accessible location in a thriving Greenville County market. The land's size and location make it suitable for a variety of commercial developments, offering significant potential for return on investment. Serious inquiries are encouraged to explore this exceptional opportunity. The property is zoned for commercial use (zoning information available upon request).

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,000,987
    6.5%
    $8,308,603
    7%
    $7,715,132
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,678,718
    Geo Method
    $6,678,718
  • Alternative Use

    Use
    Valuation
    Residential
    $7,008,618
    Hospitality
    $6,419,856
    Educational
    $5,341,245
    Medical
    $5,524,938
    Retail
    $8,308,603

Location Insight

City
Greenville
County
Greenville
State
South Carolina
Latitude
34.8587
Longitude
-82.4055
CBSA code
24860
CBSA name
GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,318
$4,230
$13,910
$18,140
-
$70,420
$231,770
$302,190

FAQs

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