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Vista Lakes | Development & Industrial 2 Properties Offered at $3,800,000 in Spartanburg, SC

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INVESTMENT HIGHLIGHTS

  • Flexible sub-portfolio acquisition • Industrial and land assets with redevelopment potential • Build-to-suit and value-add opportunities

EXECUTIVE SUMMARY

OVERVIEW:
Flexible sub-portfolio of industrial and development land assets totaling approximately 12 acres
Centrally located in Spartanburg, South Carolina, within a high-traffic, established, and growing market
Offered directly from ownership, allowing for clear communication and efficient execution

INVESTMENT PROFILE:
Suitable for investors or owner-users
Supports redevelopment, build-to-suit, or value-add strategies
Assets may be acquired individually or as a strategic sub-portfolio, depending on buyer objectives

DEVELOPMENT OPPORTUNITY:
One component includes land planned and positioned for a 54-townhome residential development
Conceptual planning completed with a clearly defined, executable development path
Land component valued at $3.9M as-is
Existing coffee shop business excluded from the sale

OPTIONAL ENTITLEMENT ACCELERATION:
Ownership can deliver a fully completed master plan
Includes all required permits and stamped approvals
Available for an additional $500,000
Allows buyers to accelerate development timelines and reduce entitlement risk

EXECUTION & OWNERSHIP EXPERIENCE:
Ownership has successfully executed renovations, repositioning, leasing, and sales across similar assets
Practical, execution-driven insight offered throughout the transaction

PROCESS & COMMUNICATION:
Initial inquiries handled through LoopNet / CoStar
Qualified buyers connected directly with ownership
Transparent information, straightforward terms, and efficient path to closing

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $3,800,000
Price / SF $2,422 / SF
Sale Conditions
Build to Suit
  • Bulk/Portfolio Sale
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 1,569 SF
Total Land Area 12.71 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
105 Bellew Carver Rd, Spartanburg, SC 29301 Industrial 1,569 SF 1965 -
121 Bellew Carver Rd, Spartanburg, SC 29301 Land 12.00 AC - -
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  • Listing ID: 32884740

  • Date on Market: 8/20/2024

  • Last Updated:

  • Address: Vista Lakes | Development & Industrial, Spartanburg, SC

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