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

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
Potential income of up to $800,000 per year.

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