- For Sale $3,100,000
- Property Type VacantLand
- Lot Size 3.35 Acre
- Date Updated Jun 29, 2026
Description
3.4 AC with frontage along Highway 29 in Spartanburg, just off of I-85Reedy River Retail at SVN Palmetto is pleased to present Lot A, a ±3.35-acre parcel situated at the primary entrance of the Gibbs master-planned commercial development, with frontage along New Hope Road at its signalized intersection with US Highway 29 (Warren H. Abernathy Highway) in Spartanburg County, South Carolina. Located approximately 0.5 miles from the Interstate 85 interchange and adjacent to an existing 7-Eleven, the site offers immediate visibility and access within an established and growing retail node. The property is conceptually planned to accommodate up to six (6) retail or flex office buildings, and its unzoned Spartanburg County status provides maximum flexibility for a wide range of commercial uses. Power, water, and natural gas are available to the site.
The surrounding trade area demonstrates strong and consistent demographic momentum. Within a 5-mile radius, the 2025 population stands at approximately 78,164 with a projected 1.0% annual growth rate through 2030, supported by an average household income of $98,358 and over 30,000 households. The development is immediately adjacent to the 690-unit Grand Oaks Apartments, providing a built-in consumer base within walking distance. The combination of signalized access, I-85 proximity, established co-tenancy, and flexible unzoned status makes Lot A a strong candidate for retailers, service providers, and small-bay flex users looking to establish a foothold in one of Spartanburg County's highest-growth commercial corridors.
Highlights
- 5-Mile Avg. HH Income: $98,358
- 5-Mile Population: 78,164 (2025) | Projected growth of ~3,900 residents by 2030
- Adjacent Density: 690-unit Grand Oaks Apartments immediately adjacent
- Ideal Users: Retailers, service providers, automotive, medical or financial institutions
- Interstate Access: ±0.5 miles to I-85 interchange
- Size: ±3.4 acres
- Traffic Signal: Existing signalized access at Highway 29 (30,400 VPD)
- Zoning: Unzoned
False
Contacts
Daniel Holloway
SVN | Palmetto
Location
Located at 2278 Nazareth Church Rd, Spartanburg, SC 29301, this property is part of the Roebuck neighborhood and Greenville market.
Contact Listing Broker
Daniel Holloway
SVN | Palmetto