The ±1.07 Acres of vacant commercial lot on Floyd Road in Spartanburg, SC 29307, is a highly desirable property with excellent potential for medical or general office use. With minimal clearing needed and a level topography, this lot is ready for development. The surrounding buildings are primarily medical use, making it an ideal location for businesses in the same industry. Additionally, the property's strategic location, less than 0.7 miles from a 456-unit residential development that is set to begin construction in Feb 2024 and less than 0.5 miles from a future large industrial development, offers exciting opportunities for future business growth. The property also benefits from having all public utilities and being located within the Spartanburg Sanitary Sewer District. With superb location and excellent visibility, this vacant commercial acreage is a prime investment opportunity.
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Listing courtesy of Charlie Pruette, Reedy Property Group, Inc Phone: 864-568-5102
0 Floyd Road, Spartanburg, SC, 29307
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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