Multifamily Development Opportunity in Greer, SC

East Ave Greer, SC 29651

East Ave, Greer, SC, 29651
East Ave, Greer, SC, 29651 East Ave, Greer, SC, 29651 East Ave, Greer, SC, 29651 East Ave, Greer, SC, 29651 East Ave, Greer, SC, 29651
FOR SALE
Property Type:
Multifamily Land
Amount:
$695,000
Last Verified:
May 16, 2024

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Highlights

  • 25 unit townhome community in entitlement phase
  • Nearby recent development – Lively Victor Park – a $50M+ development with over 400 apartments.
  • Majority of Engineering completed, last step before final submission is retaining wall engineering (in process)
  • Minutes from major enterprises such as BMW, Inland Port, Mitsubishi Polyester Film, Pelham Medical Center, Benore Logistic Systems, and Honeywell
  • Located minutes from the historic downtown Greer and Greer City Park
  • Situated between the vibrant Charlotte and Atlanta
  • Approximately 10 minutes from Greenville Spartanburg International Airport

Description

Excellent investment opportunity for a builder! This potential 25-unit townhome complex spanning 2.2 acres is strategically located just minutes away from the revitalized downtown Greer, which is positioned between the booming cities of Greenville and Spartanburg. Given the presence of successful enterprises like the BMW manufacturing plant, Mitsubishi Polyester Film, and Honeywell facilities in the vicinity, there is a consistent demand for housing in this area. This development has undergone thorough engineering and city review processes, making it poised for ground-breaking. Contact us at commercial@primerealtysc.com or (864) 438-2999 for more information!

Greer, South Carolina is nestled in the corridor between the thriving cities of Greenville and Spartanburg.

Lot Size: 1.2 acres


Documents

Brochure

Map of East Ave, Greer, SC, 29651

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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.