3429 Wade Hampton Boulevard, Taylors, SC, 29687

Description

3429 Wade Hampton Blvd
$600,000.00
+/-9.3 Acres - Total Acreage
+/-1.5ac - Zoned C2
+/-7.8ac - Zoned R20

SVN Palmetto is proud to preset to market this prime 9-acre parcel on Wade Hampton Boulevard (U.S. Highway 29) in Greenville, SC. An outstanding investment opportunity in one of the Southeast’s fastest-growing commercial sectors that is the I85 Corridor, the opportunity offers frontage along a 6 lane boulevard that connects downtown Greenville, SC to downtown Spartanburg, SC. +/- 1.5 acres of the property are zoned C2, with direct highway frontage, making it ideal for retail, dining, or service businesses. C-2 zoning is the most flexible commercial classification in Greenville County, allowing for retail stores, restaurants, offices, entertainment venues, and liquor sales, which are unique to this zoning type. The remaining 7.5 acres, zoned R-20, add long-term development potential but are secondary to the commercial value; benefits from high daily traffic counts, strong consumer demand, permissible use and excellent visibility.

The Greenville-Spartanburg MSA is experiencing rapid population and economic growth, fueling strong retail demand. Vacancy rates are at a historic low of +/-3.3%, while lease rates have risen +/-5.6% year-over-year to +/-$17.50 per square foot, outpacing national averages. Retail employment has reached a two-decade high, comprising +/-11% of the workforce. Developer confidence remains strong, with nearly +/-300,000 square feet of new retail space delivered in the past year and over +/-122,000 square feet currently under construction.

Surrounded by national retailers, thriving businesses, and expanding residential communities, this property is ideally positioned for high-traffic commercial use. Highway 29 frontage, C2 zoning, and value add potential in a booming retail market make it a rare opportunity for business owners seeking retail developments in Greenville SC, one of this region’s most dynamic economic hubs.

Schedule a site visit today. Contact:
Matthew Nocella - matthew.nocella@SVN.com 864-263-7045