66 Concourse WayGreer, SC 29650

  • Commercial real estate
  • 6.14 AC
For Sale
$220,000 View listing

Property Details for 66 Concourse Way

Year built
1995
Lot size
6.14 AC
Zone code
S1
Property type
Commercial real estate
APN
0529.03-01-016.00
APU
529030101600

Description

This exceptional 2.41-acre industrial land parcel, located at 66 Concourse Way in Greer, South Carolina, presents a compelling investment opportunity. Situated within the established North Perimeter Business Park, this property boasts a highly desirable location, offering convenient access to major transportation arteries. The site is zoned S-1, specifically designated for the GSP Airport Environs, providing flexibility for a range of industrial or flex development projects. Its proximity to the Greenville-Spartanburg International Airport (GSP), Inland Port Greer, and Interstate 85 ensures seamless connectivity to regional and national markets. The property's APN is 0529030101600, and it shares a driveway with 70 Concourse Way, enhancing accessibility and operational efficiency. With its strategic location, favorable zoning, and ample acreage, this land parcel represents a rare chance to acquire a prime industrial site in a thriving South Carolina market. The asking price is $220,000. This is a turnkey opportunity for developers seeking to capitalize on the area's robust economic growth and strategic infrastructure. The property is in Greenville County, South Carolina, with a zip code of 29650.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $58,522,700
    6.5%
    $54,021,000
    7%
    $50,162,300
  • Comparable approach

    Method
    Valuation
    Relative Method
    $22,012,700
    Geo Method
    $22,012,700
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $108,842,000
    Retail / Commercial
    $55,326,700
    Mixed-Use / Specialty
    $54,745,800
    Hospitality / Lodging
    $39,665,700
    Office
    $54,021,000
    Institutional / Educational
    $56,776,500
    Residential Income
    $66,428,500
    Multifamily
    $81,797,700
    Automotive / Energy
    $48,665,500
    Parking / Income-Based Land
    $17,172,900
    Restaurant / Food Service
    $27,654,900
    Healthcare / Senior Housing
    $56,534,200

Location Insight

City
Greer
County
Greenville
State
South Carolina
Latitude
34.8776
Longitude
-82.2354
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
$41
$30
-
$30
-
-
-
$221,310

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