Alys Mill - 212 Rice Rd

For Sale

212 Rice Road, Easley, SC 29640

This Easley property for sale is located at 212 Rice Road. The current listed sale price for Alys Mill - 212 Rice Rd is $7,500,000.

Contacts

broker
Steven Peden

Avison Young - US - NC - Raleigh

broker
Rob Howell

Avison Young

broker
Gary W. Lyons

Avison Young

Property Details

  • Property Type Other
  • Year Built 1928
  • Date Updated Feb 18, 2025

This rare mill redevelopment project represents an extraordinary opportunity for a multifamily developer seeking a high visibility project in a tight submarket. Qualifies for multiple tax credits and is also situated in an Opportunity Zone. To view OM and DD documents, register here.


Location description:

Located in Easley, SC, a small town in the Greenville/Spartanburg MSA. Once a depot for a railroad line, Easley now draws families with its quaint downtown, recreational trails, and proximity to Blue Ridge Mountain hiking trails and waterfalls.

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Highlights

  • Project is shovel ready (building plans complete/waiting on construction permits)
  • Limited supply of new multifamily in the current development pipeline
  • Bailey Bill tax abatement projected yield upwards of $4.65M in savings (over 15 yrs)
  • Property approved for Historic & Textile Mill Rehabilitation tax credits (approx. 40% rebate on construction costs)
  • Consistent submarket rental rategrowth in recent years
  • Lease rates for studio and 1-BR units demand significant premium
  • Property is on the new, 7.5-mile Doodle Trail (Pickens County Greenbelt Trail)

Getting around

  • 1/100

    Walk Score ®

  • 45/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Easley, SC
  • Neighborhood Arial
  • Zip Code 29640
  • Market Greenville

Points of Interest

  • Kwik Trip

    1.51 miles

  • Hot Spot

    1.79 miles

  • 76

    2.15 miles

  • Dodge's

    2.95 miles

  • BP

    3.44 miles

  • M Mart

    3.67 miles

  • Gulf

    3.84 miles

  • Mobil

    4.39 miles

  • Jetco

    4.55 miles

  • Ingles

    4.71 miles

  • Doodle Trail Parking

    0.13 miles

  • West End Hall Parking

    2.08 miles

  • Public Parking

    2.25 miles

  • Doodle Station Parking

    2.35 miles

  • Legacy Square Parking

    4.60 miles

  • Bus Parking

    5.10 miles

  • Days Inn

    4.22 miles

  • Quality Inn

    4.42 miles

  • Baymont Easley/Greenville

    5.20 miles

  • Hampton

    6.34 miles

  • Walmart Supercenter

    3.41 miles

  • Publix

    3.61 miles

  • Ingles

    3.63 miles

  • Ross

    3.97 miles

  • Brock's Department Store

    4.66 miles

  • Marshalls

    5.43 miles

  • Kohl's

    5.49 miles

  • Bealls Outlets

    5.64 miles

  • ALDI

    5.70 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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