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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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00 Casey Road , Woodruff, SC 29388
$1,120,000
Est. Payment: $2,488.89/mo
0 Bed
0 Bath
0 Sqft
Status: Contingency Contract | Days on site: 776
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House Description

Prime Development Opportunity in Woodruff, SC 72 Acres of Potential in Spartanburg County Location: Woodruff, SC, Spartanburg County Acreage: 72 acres. Are you looking for a prime location to develop anew housing community? Look no further than this expansive 72-acre parcel in the rapidly growing area of Woodruff, South Carolina. This land offers endless possibilities for both multi-family and single-family housing developments. Key Features: Future Sewer Availability: Currently, sewer is not available, but the city of Woodruff estimates sewer access within 2 years, enhancing the development potential of this land. Proximity to Major Developments: In October 2022, BMW Group announced plans to build a $700 million high-voltage battery assembly facility off State Highway 101, which will bring significant growth and economic activity to the area. Educational Investments: The rapid growth in Woodruff has prompted the approval of a $100 million bond referendum for a new high school, demonstrating the community's commitment to education and future development. Economic Growth: Conversations with economic development leaders highlight that BMW’s substantial investment and the community’s support for educational infrastructure will attract additional companies and individuals to the area, making this land a strategic investment for developers. No Zoning Restrictions: - Currently, there are no zoning restrictions on this property, offering flexibility for developers to design their ideal community. Expansion Potential: An adjacent tract of land may be an option providing an even greater opportunity for large-scale development projects. This is a rare opportunity to invest in a flourishing area with significant growth potential. Don’t miss out on the chance to develop a premier residential community in Woodruff, SC. Contact us today to learn more and to schedule a tour of the property. Property includes portion of tax map south of Casey Rd and does not include the portion north of Casey Rd.

Highlights

Listed by Jordan Surrett , 864-923-6140 Keller Williams Greenville Central , 864-400-4100.

Property Type

Vacant Land

Lot/Acreage
72.29

County

Spartanburg

Area

033

Neighborhood

None

Listing ID

1533812

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Other:
    Water:Well

    Exterior Features

    Sewer:Septic
    Principal Interest
    $2,489
    Taxes
    $714

    Home Price

    $1,120,000

    Loan Details

    30 yrs
    %

    Down Payment

    20%
    $224,000
    All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
    Monthly Price:
    $2,488.89

    Principal

    Taxes

    Principal Taxes HOA Total
    Monthly $2,488.89 $714.00 $0.00 $3,202.89
    Yearly $29,866.67 $8,568.00 $0.00 $38,434.67
    Total $896,000.00 $257,040.00 $0.00 $1,153,040.00

    Today's Rates

    30 Year

    0%

    20 Year

    0%

    15 Year

    0%

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    The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.