550 Roe Center CtTravelers Rest, SC 29690

Property Details for 550 Roe Center Ct

Year built

1995

Lot size

7.27 AC

Zone code

C-2

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

0485.00-01-013.13

APU

485000101313

Description

This exceptional 0.95-acre commercial outparcel presents a unique investment opportunity in the thriving Travelers Rest, South Carolina market. Located at 550 Roe Center Ct, 29690, this single-tenant land parcel is situated within the rapidly expanding Greenville MSA. Travelers Rest boasts a population of nearly 8,000 residents and has experienced remarkable 70% population growth over the past decade, making it the fastest-growing town in the Greenville MSA. The property's strategic location offers unparalleled access to the adjacent Pinestone Mixed-use Development, a significant project encompassing 350 residential units and 77,000 square feet of commercial space. This development is poised to transform downtown Travelers Rest and significantly benefit surrounding retail businesses. The site's ideal location and the area's impressive growth trajectory make this an exceptional opportunity for businesses seeking a prominent presence in a dynamic and expanding community. The property is zoned for commercial use and offers significant potential for a variety of development projects. This is a rare chance to acquire a prime piece of land in one of South Carolina's most exciting growth markets. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $119,062,800

  6.5%

  $109,904,128

  7%

  $102,053,832

• Comparable approach

  Method

  Valuation

  Relative Method

  $65,684,264

  Geo Method

  $65,684,264

• Alternative Use

  Use

  Valuation

  Residential

  $92,708,240

  Hospitality

  $84,920,248

  Educational

  $70,652,656

  Medical

  $73,082,504

  Retail

  $109,904,128

Location Insight

City

Travelers Rest

County

Greenville

State

South Carolina

Latitude

34.9598

Longitude

-82.4376

CBSA code

24860

CBSA name

GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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