Agriculture at 540 Shelby Highway, Gaffney SC 29341
1 photo

$300,000

540 Shelby Highway, Gaffney SC 29341
Gaffney, SC 29341
Listed by Jonathan Minerick · Homecoin.com
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

PRIME COMMERCIAL/INVESTMENT OPPORTUNITY — HIGH-GROWTH I-85 CORRIDOR. Exceptional opportunity to own 0.86 acres of vacant land at Exit 96 off Interstate 85 (Shelby Hwy/SC-18) in rapidly growing Gaffney, SC. Positioned adjacent to a brand-new 7-Eleven and approximately 15 minutes from Catawba Two Kings Casino, this high-visibility parcel offers excellent potential for retail, drive-thru, restaurant, hospitality, or commercial development. Located along a major travel corridor between the Charlotte metro and the Greenville-Spartanburg region, the property benefits from approximately 60,000 vehicles per day on I-85, with projections reaching 85,000 by 2027. The site is also near the $415 million Cherokee Commerce Center 85 industrial park, bringing major employers, workforce growth, and continued commercial expansion to the area. Cherokee Speedway is approximately 5 minutes away, further contributing to regional traffic and activity. This parcel offers immediate interstate access and visibility in an area experiencing significant public and private investment, including recent I-85 interchange improvements by SCDOT. Public utilities are believed to be available. Whether you are an investor, developer, or business owner seeking a strategic foothold in one of the fastest-growing corridors in the Carolinas, this property presents a rare opportunity to capitalize on the area’s ongoing growth and momentum.

Property details

MLS
Greater Greenville MLS
MLS #
1592319
Property type
Agriculture
Subdivision
None
Status
Active
Days on market
1
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.86 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Luther L. Vaughan Elementary
2.41 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: Average (2025)
Enrollment
396
Student:teacher ratio
10.2:1
District
Cherokee 01
Middle
Gaffney Middle
3.93 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
945
Student:teacher ratio
14.3:1
District
Cherokee 01
High
Gaffney High
5.58 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,802
Student:teacher ratio
14.9:1
District
Cherokee 01

Walkability

Blended score for Gaffney's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

12
Very car-dependent
out of 100
EPA National Walkability Index
3.8 / 20 -- Least walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Gaffney, from live MLS data.

On the market 1 days -- 120 fewer days than Gaffney's current average of 121 days.
For reference, the median list price across 86 active listings in Gaffney right now is $248,024.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,957/mo
$60,000 down
$240,000 loan
Principal & interest$1,557
Property tax (est.)$250
Home insurance (est.)$150

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Data source: Listing information provided by Greater Greenville MLS via Trestle/CoreLogic. Last updated May 21, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.