This exceptional 0.48-acre lot, situated at 68 Pointe Circle in Greenville, South Carolina, presents a prime opportunity for Class A office development. Located within Creekside Professional Village, this property is zoned O-D and offers all utilities. The lot is part of a larger development with three office pad sites totaling approximately 2.56 acres. Building plans can accommodate structures ranging from approximately 4,238 square feet to 20,800 square feet. This specific lot, Lot 5, is listed at $325,000 and offers the potential to construct a substantial Class A office building. The property's address is 68 Pointe Circle, Greenville, SC 29615, and its convenient location within Greenville County provides excellent access to area amenities and transportation networks. This is a rare opportunity to acquire a well-situated lot in a thriving area, perfect for investors seeking to develop high-quality office space. The asking price reflects the significant potential of this prime location and the ability to construct a substantial building.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,194,710
6.5%
$1,102,809
7%
$1,024,037
Comparable approach
Method
Valuation
Relative Method
$509,293
Geo Method
$509,293
Alternative Use
Use
Valuation
Residential
$1,367,483
Hospitality
$1,252,607
Educational
$1,042,155
Medical
$1,077,996
Retail
$1,621,130
Location Insight
City
Greenville
County
Greenville
State
South Carolina
Latitude
34.8565
Longitude
-82.3381
CBSA code
24860
CBSA name
GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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