Highest and Best Use is for Commercial Development or Residential Development, depending on topography and net useable acreage. Currently the land is Zoned Agricultural by Spartanburg County. Ideally, situated across the interstate from the BMW Manufacturing Plant in Spartanburg County, SC just off of Hwy 101 and I-85, this 3.46 acre tract can potentially be part of assimilated tracts that comprise approximately 17.30 +/- acres with approximately 683+/- frontage on Leonard Road. Property is on left side of road, adjacent to Tax Map # 5-29-00-112-.01 and #5-29-00-112.03. These properties (once part of a family estate) can be sold together with a simultaneous closing. This 3.46 acre tract (based on survey dated 05/16/07) has 130.5' feet of road frontage. Buyer is responsible for all Roll Back Taxes.
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Listing courtesy of Bill E Terry, The Terry Company, Inc. 864-281-9848
Leonard Road, Duncan, SC, 29334
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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