W Saint John St
Land | 8.08 acres
Marketing description
Situated just west of Daniel Morgan Square in the heart of Spartanburg's Central Business District, this approximately 8.08-acre parcel on Saint John Street and Brawley Street offers a rare and lucrative opportunity for residential or multifamily development. Comprising five tax parcels consolidated into one, this property boasts a coveted DT-5 zoning designation for Urban Center development, setting the stage for a wide range of potential projects.
Property Overview:
Location: Nestled within the bustling Central Business District of Spartanburg, SC, this expansive parcel enjoys a strategic location with convenient access to amenities, transportation, and urban conveniences.
Zoning: Zoned DT-5 for Urban Center development, the property presents a favorable regulatory environment conducive to high-density residential or multifamily projects, offering developers flexibility and scope for creative design concepts.
Frontage: With expansive frontage on Saint John Street, the property commands attention and offers excellent visibility, enhancing its appeal to prospective residents and investors alike.
Utilities: Public water and sewer utilities are readily available, streamlining the development process and facilitating efficient infrastructure integration.
Investment highlights
Ideal Residential/Multifamily Development Site: Positioned in a prime location within Spartanburg's Central Business District, this parcel is perfectly suited for residential or multifamily development, catering to the growing demand for urban living options in the area.
SC BEST Program Confirmation: Endorsed by the City of Spartanburg under the SC BEST Program, this property benefits from official recognition and support, underscoring its potential as a transformative development opportunity with significant community impact.
Phase 1 Environmental Assessment: A Phase 1 Environmental Assessment has been completed, providing prospective developers with comprehensive insights into the property's environmental history and potential liabilities, mitigating risks and facilitating informed decision-making.
Boundary Topography and Engineered Site Plan: Detailed boundary topography and an engineered site plan have been meticulously prepared, offering developers a solid foundation for project planning and design, streamlining the development process and minimizing uncertainties.
SCDOT Driveway Confirmation: Confirmed driveway access by the South Carolina Department of Transportation (SCDOT) ensures smooth vehicular ingress and egress, enhancing accessibility and convenience for future residents and occupants.
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