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0 New Hope Rd
Spartanburg, SC 29301
Land For Sale
·
3.35 AC
Investment Highlights
- ±3.35-acre site with frontage on US Highway 29 near Gibbs Village entrance.
- Surrounded by national retailers and strong daily traffic counts (±30,400 VPD).
- Adjacent 690-unit apartment community driving strong retail demand.
- Located within 0.5 miles of Interstate 85 with direct, signalized access.
- Unzoned property offering flexible development potential.
- Growing population base with continued residential and commercial expansion in Spartanburg County.
Executive Summary
Positioned at the primary entrance to the Gibbs master-planned commercial district, the property boasts frontage along New Hope Road at its signalized intersection with US Highway 29 (Warren H. Abernathy Highway). Its strategic location places it within approximately a half-mile of the Interstate 85 interchange, ensuring significant regional connectivity.
Surrounded by strong co-tenancy and national brands, including 7-Eleven, Starbucks, Exxon, Zaxby’s, and Waffle House, the site benefits from sustained traffic counts of ±30,400 vehicles per day along Hwy 29 and over 63,000 VPD along I-85. The adjacent Grand Oaks Apartments, featuring 690 residential units, adds immediate customer density and growth potential. The unzoned designation provides flexibility for retail, dining, or mixed-use concepts.
With a 5-mile population exceeding 78,000 and projected growth, the property blends accessibility, visibility, and proximity to major employment centers, creating a compelling opportunity for developers and investors seeking to capitalize on Spartanburg’s thriving commercial expansion.
Surrounded by strong co-tenancy and national brands, including 7-Eleven, Starbucks, Exxon, Zaxby’s, and Waffle House, the site benefits from sustained traffic counts of ±30,400 vehicles per day along Hwy 29 and over 63,000 VPD along I-85. The adjacent Grand Oaks Apartments, featuring 690 residential units, adds immediate customer density and growth potential. The unzoned designation provides flexibility for retail, dining, or mixed-use concepts.
With a 5-mile population exceeding 78,000 and projected growth, the property blends accessibility, visibility, and proximity to major employment centers, creating a compelling opportunity for developers and investors seeking to capitalize on Spartanburg’s thriving commercial expansion.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 3.35 AC |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 3.35 AC |
1 Lot Available
Lot A
| Price | $3,100,000 | Lot Size | 3.35 AC |
| Price Per AC | $925,373.13 |
| Price | $3,100,000 |
| Price Per AC | $925,373.13 |
| Lot Size | 3.35 AC |
This 3.35-acre parcel presents an exceptional opportunity for development within a highly visible and established retail corridor in Spartanburg County, South Carolina.
Description
3.35-acre parcel located at 2278 Nazareth Church Road in Spartanburg County, South Carolina. Positioned near the intersection of US Highway 29 and New Hope Road, approximately 0.5 miles from Interstate 85. Site includes signalized access and is bordered by existing retail and residential uses. Nearby improvements include a 7-Eleven, national quick-service restaurants, and a multifamily residential community.
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