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$1,800,000
Est. payment /mo
123.74 Acres Lot
UPDATED:
09/18/2024 05:49 PM
Key Details
Property Type Vacant Land
Sub Type Agriculture
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 1531811
HOA Y/N no
Annual Tax Amount $401
Lot Size 123.740 Acres
Property Description
Prime Development Opportunity in Woodruff, SC 123 Acres of Potential in Spartanburg County Location: Woodruff, SC, Spartanburg County Acreage: 123 acres (with possibility of an additional tract) Road Frontage - 1900 linear feet Are you looking for a prime location to develop a new housing community? Look no further than this expansive 123-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.
Location
State SC
County Spartanburg
Area 033
Interior
Fireplace No
Exterior
Community Features None
Waterfront Description Creek
Building
Lot Description Over 100 Acres, Rural, Additional Acreage, 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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Michael Skillin
Broker Associate | License ID: 39180
Broker Associate License ID: 39180