0 Freeman Farm Rd
Greer, SC 29651
20 acres - Freeman Farm Rd w Seller financing · Land For Sale · 19.30 AC

Seller financing is available. 20 acres with amazing visual access from I-85 ideal for signage. Sewer available on property. Dual access both on Freeman Farms Road and Old Jones Road. Red light access at Freeman Farms Road and US 101. Property is zoned by right for multi-family (up to 320 units by right) but could be rezoned for more. Though site is currently zoned for 320 apartments by right, city has expressed an openness to supporting a rezoning to industrial. This is an amazing location for industrial as it's directly across I-85 from the BMW plant and has very good visibility from the freeway. Rough calculations from engineer show that site could support 130,000(+) sq. ft of building space. Property is located in an Opportunity Zone and Land was purchased by a Qualified Opportunity Fund (QOF) and is currently owned by a Qualified Opportunity Zone Business (QOZB) so it's teed up for Opportunity zone investors, providing a tax free event upon sale, after a ten year hold. A great amount of value engineering and civil work and soil engineering has been conducted in order to minimize retaining walls, depending on what is being built but roads have been thought out in order to do the least amount of cut and fill based on the topography. Traffic study has been completed to account for a 275 apartment complex but property is currently zoned for up to 320 apartments. Townhomes and industrial are other options for this property. Property is located in District 5 and is very close to the brand new $52 million Abner Creek middle School.