Greenline-Spartanburg Lots

Investment Overview

SVN Palmetto is pleased to present three infill parcels totaling ±0.90 acres in Greenville’s Greenline-Spartanburg neighborhood, offered together at $675,000. All three lie within the City’s Greenline-Spartanburg Neighborhood Plan, adopted in December 2024, which directs public investment in housing, parks, and infrastructure just northeast of downtown. Two contiguous parcels totaling ±0.77 acres adjoin the David Hellams Community Center and Arthur Black Park, where the plan recommends that the City explore acquiring adjacent land for park expansion and proposes the Chestnut Street Connector along Spartanburg Court. The third parcel, ±0.13 acres, is located in the Greenline area, where the plan envisions approximately 225 new homes. The City acquired 2.85 acres in the neighborhood in 2026 for $3,000,000. The offering suits a buyer who will hold, develop, or coordinate with the City as the plan is implemented.

Investment Highlights

• Three parcels totaling ±0.90 acres, offered together at $675,000 (±$750,000 per acre)
• Priced roughly 29% below the City’s 2026 purchase of 2.85 acres for $3,000,000 (±$1,050,000 per acre)
• Two contiguous parcels (±0.77 acres) adjoin the David Hellams Community Center, in an area the adopted plan identifies for City acquisition and park expansion
• Third parcel (±0.13 acres) lies in the Greenline area, planned for approximately 225 new homes
• The Chestnut Street Connector and community center improvements are among the plan’s top 12 public priority projects