402 Markley St. Development Site

402 Markley St. Greenville, SC 29601

FOR SALE
Property Type:
Commercial Land Development
Amount:
$850,000
Last Verified:
Apr 02, 2019

Highlights

  • • .629 Acre Downtown Greenville Parcel.
  • • Lighted intersection at Academy St. and Markley St.
  • • Rear parcel access from Hudson St.
  • • Less than 500 feet from the upcoming Unity Park project.

Description

402 Markley St. is located directly in the center of the West Greenville Opportunity Zone. The property is adjacent to the Kroc Center in Downtown Greenville at the lighted intersection corner of Academy St. and Markley St.
Academy Street touts a ±29,000 Vehicle Per Day Traffic Count, while Markley St is home to new developments such as Markley Station, new class A apartments at Markley Place, and Quiktrip across the lighted intersection of Markley/ Academy. Greenville's new downtown park, Unity Park, is currently being developed less than 500 ft from the rear corner of the property on Hudson St.
There is currently a ±300 SF residential structure on the property, and an active business. Please schedule showings directly with Taylor Martin by calling 864.504.0074.

402 Markley St. is located directly in the center of the West Greenville Opportunity Zone. The property is adjacent to the Kroc Center in Downtown Greenville at the lighted intersection corner of Academy St. and Markley St.
Academy Street touts a ±29,000 Vehicle Per Day Traffic Count, while Markley St is home to new developments such as Markley Station, new class A apartments at Markley Place, and Quiktrip across the lighted intersection of Markley/ Academy. Greenville's new downtown park, Unity Park, is currently being developed less than 500 ft from the rear corner of the property on Hudson St.
There is currently a ±300 SF residential structure on the property, and an active business. Please schedule showings directly with Taylor Martin by calling 864.504.0074.

Lot Size: 0.63 acres

Map of 402 Markley St., Greenville, SC, 29601

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.