Alys Mill - 212 Rice Rd

212 Rice Road, Easley, SC 29640

  • For Sale Contact for pricing
  • Property Type Other
  • Additional Rent Contact for pricing
  • Year Built 1928
  • Date Updated Dec 21, 2024

This rare mill redevelopment project represents an extraordinary opportunity for a multifamily developer seeking a high visibility project in a tight submarket. Qualifies for multiple tax credits and is also situated in an Opportunity Zone.


Location description:

Located in Easley, SC, a small town in the Greenville/Spartanburg MSA. Once a depot for a railroad line, Easley now draws families with its quaint downtown, recreational trails, and proximity to Blue Ridge Mountain hiking trails and waterfalls.

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Highlights

  • Pickens County moratorium on all multi-unit residential extended 6 months (through 10/1/24)
  • Limited supply of new multifamily in the current development pipeline (lower vacancy than Greenville)
  • Bailey Bill tax abatement projected yield upwards of $4.65M in savings (over 15 yrs)
  • Property approved for Historic & Textile Mill Rehabilitation tax credits (approx. 40% rebate on construction costs)
  • Consistent submarket rent growth in recent years: rates averaging $1.35-1.60 sf/month
  • Limited supply of studio and 1 BR units in the market; the units can command significant per sf premium
  • Property is on the new, 7.5-mile Doodle Trail

Contacts

broker
Steven Peden

Avison Young - US - NC - Raleigh

broker
Rob Howell

Avison Young

broker
Gary W. Lyons

Avison Young

Location

Getting Around

  • Walk Score ®

    1/100 Car-Dependent

  • Bike Score ®

    45/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Easley, SC
  • Neighborhood Arial
  • Zip Code 29640
  • Market Greenville

Points of Interest

  • Kwik Trip

    1.51 miles

  • Hot Spot

    1.79 miles

  • 76

    2.15 miles

  • Dodge's

    2.95 miles

  • BP

    3.44 miles

  • M Mart

    3.67 miles

  • Gulf

    3.84 miles

  • Mobil

    4.39 miles

  • Jetco

    4.55 miles

  • Ingles

    4.71 miles

  • Doodle Trail Parking

    0.13 miles

  • West End Hall Parking

    2.08 miles

  • Public Parking

    2.25 miles

  • Doodle Station Parking

    2.35 miles

  • Legacy Square Parking

    4.60 miles

  • Bus Parking

    5.10 miles

  • Days Inn

    4.22 miles

  • Quality Inn

    4.42 miles

  • Baymont Easley/Greenville

    5.20 miles

  • Hampton

    6.34 miles

  • Fiesta C

    0.76 miles

  • Subway

    1.87 miles

  • Hardee's

    2.04 miles

  • Rooster Buns

    2.09 miles

  • Indigo Kitchen

    2.09 miles

  • Inky's

    2.09 miles

  • Raya's Hot Kitchen

    2.10 miles

  • Loaded Gourmet Tater Bar

    2.10 miles

  • Dukes Doggs & BBQ

    2.10 miles

  • Shuckin' Shack Oyster Bar

    2.28 miles

  • B.J. Skelton Career Center

    1.45 miles

  • McKissick Elementary School

    1.83 miles

  • R.H. Gettys Middle School

    2.57 miles

  • R. H. Gettys Middle School

    2.60 miles

  • East End Elementary School

    2.84 miles

  • West End Elementary School

    3.38 miles

  • Pickens Elementary School

    3.93 miles

  • Lakes and Bridges Charter School

    3.93 miles

  • Forest Acres Elementary School

    4.29 miles

  • Easley Christian School

    4.37 miles

  • Foothills Child Development Center

    6.41 miles

Frequently Asked Questions

How much does Alys Mill - 212 Rice Rd cost?

The sale price for Alys Mill - 212 Rice Rd is available upon request. Contact the listing broker for more information.

What is the total square footage of Alys Mill - 212 Rice Rd?

Alys Mill - 212 Rice Rd totals 281,580 square feet.

When was this property built?

Alys Mill - 212 Rice Rd was built in 1928.

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