Vista Lakes | Development & Industrial FOR SALE


Spartanburg, SC - Arcadia
$3,800,000 USD
828-424-5433
, Spartanburg, SC for Sale
$3,800,000 USD
FOR SALE
1/11
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Vista Lakes | Development & Industrial
Spartanburg, SC
Arcadia


HIGHLIGHTS

  • Flexible sub-portfolio acquisition • Industrial and land assets with redevelopment potential • Build-to-suit and value-add opportunities

OVERVIEW

OVERVIEW: Flexible sub-portfolio of industrial and development land assets totaling approximately 12 acres Centrally located in Spartanburg, South Carolina, within a high-traffic, established, and growing market Offered directly from ownership, allowing for clear communication and efficient execution INVESTMENT PROFILE: Suitable for investors or owner-users Supports redevelopment, build-to-suit, or value-add strategies Assets may be acquired individually or as a strategic sub-portfolio, depending on buyer objectives DEVELOPMENT OPPORTUNITY: One component includes land planned and positioned for a 54-townhome residential development Conceptual planning completed with a clearly defined, executable development path Land component valued at $3.9M as-is Existing coffee shop business excluded from the sale OPTIONAL ENTITLEMENT ACCELERATION: Ownership can deliver a fully completed master plan Includes all required permits and stamped approvals Available for an additional $500,000 Allows buyers to accelerate development timelines and reduce entitlement risk Potential income of up to $800,000 per year. EXECUTION & OWNERSHIP EXPERIENCE: Ownership has successfully executed renovations, repositioning, leasing, and sales across similar assets Practical, execution-driven insight offered throughout the transaction PROCESS & COMMUNICATION: Initial inquiries handled through LoopNet / CoStar Qualified buyers connected directly with ownership Transparent information, straightforward terms, and efficient path to closing

ASK ABOUT THIS PROPERTY

Viktor AltuhovGSP Rental LLCMore Info
828-424-5433

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Viktor AltuhovGSP Rental LLCMore Info
828-424-5433

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.