Freeman Farm Multifamily Development Site

About Freeman Farm Multifamily Development Site

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±19.31-acre Freeman Farm Multifamily Development Site in Greer, Spartanburg County, SC, adjacent to BMW Plant Spartanburg. The site is located within a federally designated Opportunity Zone, offering potential tax advantages for qualifying investors, and is zoned by-right for up to 17.5 units per acre. Strategically positioned between Greenville and Spartanburg, the property benefits from proximity to major employment hubs and a diverse job base. Spartanburg ranks as the 10th fastest growing metro in the country and 2nd fastest in SC, posting roughly 2.7% growth from 2023 to 2024, while the broader Upstate welcomed nearly 30,000 residents last year, with Spartanburg County adding more than 10,500. This growth is supported by major employers including BMW, Michelin, Spartanburg Regional Healthcare, Milliken, Inland Port Greer, and the I-85 industrial corridor, reinforcing long-term demand and value potential for the surrounding residential corridor.