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



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
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
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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Presented by
GSP Rental LLC
Vista Lakes | Development & Industrial
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