SPARTANBURG, S.C., March 29, 2011 /PRNewswire/ -- National Commercial Auctioneers (www.natcomauctions.com) announces the auction of 450 acres on I-85 in Spartanburg, S.C., on April 20, 2011 at 2pm EDT, according to Adam Padgett, Auction Project Manager.
"This is a rare offering of 450 acres in 15 tracts that will sell with disclosed, aggressive reserve pricing," said Padgett. "This is a phenomenal opportunity to own great land close to GSP International Airport, the BMW manufacturing plant, the Adidas plant and many more. Just last week Site Selection Magazine listed Spartanburg, SC as number two in the nation for the total number of economic development projects in 2010. And, we can't find any other large sites in SC with I-85 frontage that can compare to these prices."
This property offers over 7,800 feet of frontage on I-85, with over a mile of frontage on the North Tyger River and beautiful topography.
"These tracts are strategically located on the booming I-85 corridor between Atlanta, Ga., and Charlotte, N.C. and only seconds away from the intersection of I-26 and I-85," noted Padgett. "These tracts are perfect for investors, developers or corporations interested in prime industrial, hotel, retail, office or multi-family opportunities in the vibrant upstate South Carolina market. Another great aspect of this sale is the holding costs of taxes are extremely low, pennies based on other similar properties."
The property may be inspected anytime. Guided tours are scheduled in April with a representative who will answer questions. Pre-auction bids will be accepted. Broker participation is offered. For more details, including inspection dates, property information packages and the terms of the auction, visit www.natcomauctions.com or call toll free (877) 895-7077.
National Commercial Auctioneers is a nationwide auction company that specializes in commercial sales for banks, special servicers, receivers, Trustee's and bankruptcy courts.
SOURCE National Commercial Auctioneers