LFC launched a new online auction campaign for two parcels of development land in South Carolina this week, and I wanted to fill you in on all the details. This campaign is going to be a quick one because the Bid Deadline is just around the corner on June 24th and this opportunity is sure to get snatched up soon!
The first parcel offered on our online auction website, LFC.com, is comprised of +/- 210 acres in Anderson, SC. The property has direct access to Broadway Lake and features panoramic views of the nearby rolling hills. Located only ten miles away in the town of Starr, the second land parcel has +/-62 acres zoned for residential, agricultural or recreational use. Better yet, it also has preliminary utilities on site!
Known as the “friendliest city in South Carolina,” Anderson and the surrounding metropolitan area has over 165,000 residents making both of these properties phenomenal development opportunities. Moreover, there are over 230 manufacturers, including 22 international companies in the area. Anderson and Starr are situated in the Blue Ridge Mountains of North West South Carolina, making them only a two hour drive from both Atlanta, Georgia and Charlotte, North Carolina.
To view all of the documents such as property maps, development plans, tract maps, and all necessary due diligence materials, go to the online auction at LFC.com.
The bankruptcy auction of +/-29 acres on our online auction platform, LFC.com, is only one month away from its bid deadline, and I wanted to share more insight into the City of Spartanburg, South Carolina before the auction ends.
As I mentioned in my post about connecting with your town on social media, Spartanburg has been doing an exceptional job creating valuable content reaching out to residents and visitors through various social media services. However, I failed to mention that the city also runs a successful blog, teeming with local news and information that is worth checking out whether you live there or not. Their most recent article titled Newly Expanded Hours for Top Local Tourist Attractions provides updates on the hours of operation at the Hollywild Animal Park and the historical Walnut Grove Plantation. While the blog primarily focuses on current event updates such as the farmer’s market schedule and the city bike race, they also post relevant stories about the city, such as this article from the Washington Post that provides an in depth review of the town from an nonresident’s perspective, titled Spartanburg, S.C., savors its Colonial-era past and its BMW present. Becky Krystal crafts her story for the Post’s travel section by ushering readers through the days of old when the town was just a “railroad hub” up to the present day, when the city features a BMW luxury car plant and six schools of higher education.
These are just a couple of the articles I found noteworthy for their rich content and differing perspectives. I encourage you to research this historic town and read up on the economic growth its 150,000 residents are enjoying despite the down economy. If raw land factors into your investment strategy, visit our online auction so that you can perform all of your due diligence before May 27th.
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.
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!
