Beginning April 14th, 2010, LFC will be auctioning another commercial real estate property on its online auction marketplace, LFC.com. By order of the trustee, a ±29.1 acre plot of land in Spartanburg, South Carolina is in Chapter 7 Bankruptcy and for sale at auction. Located at the intersection of Interstate 26 and Interstate 85, the property is un-zoned land, giving it an endless number of development possibilities. There are also some utilities that have been brought to the site.
For those unfamiliar with the area, Spartanburg is the largest city in Spartanburg County, boasting 150,000 residents and experiencing stable economic growth despite the down economy. The town has a long and storied history dating back to the Revolutionary war, and was named after the Spartan regiment of South Carolina’s militia. For more Spartanburg information from a local’s perspective, check out what the Spartanburg Chamber of Commerce has to say on its Relocation Information page.
Here’s a short video from a series on the Spartanburg City YouTube channel describing the cities conservation efforts.
If you want to join in the discussion about Spartanburg real estate and the like, you can follow the City of Spartanburg on Twitter. To view this online auction, all of the property’s pertinent documentation, photos and more property details, visit our online auction marketplace for commercial real estate at LFC.com. However, this incredible opportunity won’t last forever because the Bid Deadline is on May 27th, 2010 and the clock is ticking!
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