40 Woods DrFountain Inn, SC 29644

  • Refrigeration & cold storage
  • 0.84 AC
For Sale
$4,365,000 View listing

Property Details for 40 Woods Dr

Lot size
0.84 AC
Zone code
I-1
Property type
Refrigeration & cold storage
APN
0350.00-01-001.09
APU
350000100109

Description

This exceptional 10-acre parcel in Fountain Inn, South Carolina, presents a remarkable mixed-use development opportunity. Strategically located on Highway 418, between Highway 418 and I-385, this property boasts unparalleled visibility and accessibility. The site benefits from its proximity to major roadways, ensuring high traffic volume and exposure to a large potential customer base. Neighboring established businesses include QuikTrip, Taco Bell, and a soon-to-be-built 50-acre Prisma Health hospital system, creating a synergistic environment for future development. The property's C2 zoning allows for a variety of uses, including grocery stores, quick-service restaurants, and shopping centers. The site offers unobstructed views from I-385, maximizing visibility to interstate traffic. This location is the southernmost retail node along the I-385 corridor, capturing residents and commuters from southern tertiary markets and the Greenville MSA. On-site utilities, including two sewer tap options, are readily available, simplifying the development process. A comprehensive due diligence package is available, including proposed site plans for various uses. The surrounding area is experiencing significant growth, with new residential developments adding over 5,000 new homes, further enhancing the property's long-term value and potential. This is a rare opportunity to capitalize on the thriving 418 Corridor's momentum and contribute to its continued success. The asking price is $4,365,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,971,507
    Hospitality
    $8,217,852
    Educational
    $6,837,156
    Medical
    $7,072,297
    Retail
    $10,635,577

Location Insight

City
Fountain Inn
County
Greenville
State
South Carolina
Latitude
34.6792
Longitude
-82.1999
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
$4,813
$10,080
$2,450
$12,530
-
$168,000
$40,840
$208,840

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