Residential Development (34.96 +/- Acres) LIHTC Qualified

The land is adjacent to the local high school (Newberry High) and the school district office on the city's eastern side. It is two miles from Interstate 26 and three miles from downtown. Newberry is situated between two major MSAs in the Central/Piedmont area of South Carolina, 43 miles northwest of Columbia and 65 miles southeast of Greenville. Interstate 26 (I-26) is a main route of the Interstate Highway System in the Southeastern United States. Nominally east-west, I-26 runs from Kingsport, Tennessee, generally southeastward to Charleston, South Carolina.Explore the potential of this prime real estate opportunity and discover the thriving business landscape of Newberry, SC, where the property is located. This vibrant community offers a perfect balance of small-town charm, culture, and modern amenities, making it an ideal location for prospective land or residential developers/investors. The nearby Newberry Opera House and the downtown district's specialty shops and dining establishments contribute to the area's allure. Boasting an R-8 zoning designation for Medium Density Residential use, the property presents an ideal canvas for residential development possibilities. Its strategic location, convenient access to major transportation routes, and strong local economy provide a captivating blend of convenience and desirability, making it an appealing prospect for land and residential investors as it provides an inviting environment for potential residents. Experience the appeal of Newberry and envision the potential for your investment in this dynamic location. The land is located in a qualified Non-Metro Difficult Development Area under the US Department of Housing and Urban Development for LIHTC. The site will convey with complete construction plans for an 83-lot development.