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807-813 College Ave
Clemson, SC 29631
Land For Sale
·
3.27 AC

INVESTMENT HIGHLIGHTS
- Walkable location just 1.7 miles from Clemson University.
- Zoned RM4 with immediate redevelopment potential.
- Surrounded by successful comps with strong rent velocity.
- Covered land play with existing NOI of approximately $440,000.
- Located in a high-demand, low-supply student housing corridor.
- Positioned in a top-tier university town with long-term growth fundamentals.
EXECUTIVE SUMMARY
Positioned in the heart of downtown Clemson, the ±3.27-acre assemblage at 807–813 College Avenue presents a rare and strategic opportunity for developers seeking to capitalize on one of the Southeast’s most dynamic university markets. Just 1.7 miles from Clemson University, this walkable site is ideally suited for a purpose-built student housing or mixed-use development. Zoned RM4 and located in a tightly held submarket with virtually no comparable land available, the property offers immediate development potential in a location defined by high barriers to entry and sustained demand.
The offering includes two parcels with existing multifamily improvements, generating a trailing 12-month NOI of approximately $440,000. This income stream provides a valuable covered land play, allowing investors to offset carry costs while pursuing entitlement and design for a flagship redevelopment. The site’s proximity to campus, downtown amenities, and Tiger Stadium ensures strong absorption potential, particularly as Clemson University continues to experience record enrollment growth and limited on-campus housing options.
With recent projects like The Hub and Bixby on College demonstrating rapid lease-ups and rising rents, this site is poised to benefit from the area’s upward trajectory. The surrounding area features a vibrant mix of student housing, retail, and dining, with traffic counts exceeding 27,000 VPD on nearby Tiger Boulevard. The property’s location within the Upstate SC region—home to over 40 Fortune 500 companies and $12.3 billion in recent capital investment—further enhances its long-term value proposition.
The offering includes two parcels with existing multifamily improvements, generating a trailing 12-month NOI of approximately $440,000. This income stream provides a valuable covered land play, allowing investors to offset carry costs while pursuing entitlement and design for a flagship redevelopment. The site’s proximity to campus, downtown amenities, and Tiger Stadium ensures strong absorption potential, particularly as Clemson University continues to experience record enrollment growth and limited on-campus housing options.
With recent projects like The Hub and Bixby on College demonstrating rapid lease-ups and rising rents, this site is poised to benefit from the area’s upward trajectory. The surrounding area features a vibrant mix of student housing, retail, and dining, with traffic counts exceeding 27,000 VPD on nearby Tiger Boulevard. The property’s location within the Upstate SC region—home to over 40 Fortune 500 companies and $12.3 billion in recent capital investment—further enhances its long-term value proposition.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 3.27 AC |
| Zoning | RM4 Multifamily Residenti - RM4 Multifamily Residential District | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 3.27 AC |
| Zoning | RM4 Multifamily Residenti - RM4 Multifamily Residential District |
1 LOT AVAILABLE
Lot
| Lot Size | 3.27 AC |
| Lot Size | 3.27 AC |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $310,278 CAD | |
| Land Assessment | $76,794 CAD | Total Assessment | $387,072 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$76,794 CAD
Improvements Assessment
$310,278 CAD
Total Assessment
$387,072 CAD
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