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 BMWs substantial investment and the communitys 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. Dont 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.
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0BEDS
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72.29ACRES
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0BATHS
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01/2 BATHS
School Information
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 BMWs substantial investment and the communitys 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. Dont 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.
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