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$1,120,000
Est. payment /mo
72.29 Acres Lot
UPDATED:
08/06/2024 08:20 PM
Key Details
Property Type Vacant Land
Sub Type Agriculture
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 1533812
HOA Y/N no
Annual Tax Amount $251
Lot Size 72.290 Acres
Property Description
Prime Development Opportunity in Woodruff, SC 72 Acres of Potential in Spartanburg County Location: Woodruff, SC, Spartanburg County Acreage: 72 acres. Are you looking for a prime location to develop anew housing community? Look no further than this expansive 72-acre parcel in the rapidly growing area of Woodruff, South Carolina. This land offers endless possibilities for both multi-family and single-family housing developments. Key Features: Future Sewer Availability: Currently, sewer is not available, but the city of Woodruff estimates sewer access within 2 years, enhancing the development potential of this land. Proximity to Major Developments: In October 2022, BMW Group announced plans to build a $700 million high-voltage battery assembly facility off State Highway 101, which will bring significant growth and economic activity to the area. Educational Investments: The rapid growth in Woodruff has prompted the approval of a $100 million bond referendum for a new high school, demonstrating the community's commitment to education and future development. Economic Growth: Conversations with economic development leaders highlight that BMW’s substantial investment and the community’s support for educational infrastructure will attract additional companies and individuals to the area, making this land a strategic investment for developers. No Zoning Restrictions: - Currently, there are no zoning restrictions on this property, offering flexibility for developers to design their ideal community. Expansion Potential: An adjacent tract of land may be an option providing an even greater opportunity for large-scale development projects. This is a rare opportunity to invest in a flourishing area with significant growth potential. Don’t miss out on the chance to develop a premier residential community in Woodruff, SC. Contact us today to learn more and to schedule a tour of the property. Property includes portion of tax map south of Casey Rd and does not include the portion north of Casey Rd.
Location
State SC
County Spartanburg
Area 033
Interior
Fireplace No
Exterior
Community Features None
Building
Lot Description 50 - 100 Acres, Rural, Open Lot, Wooded
Sewer Septic Tank
Water Well
Schools
Elementary Schools Woodruff
Middle Schools Woodruff
High Schools Woodruff
Others
Acceptable Financing None
Listing Terms None
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Listed by Keller Williams Greenville Central
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The Family Real Estate Group
Team w/AgentOwned Realty | License ID: 103973
Team w/AgentOwned Realty License ID: 103973