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Jenks Inc. Realty to liquidate 900 commercial acres in Greenwood


By Liz Segrist
lsegrist@scbiznews.com
Published Jan. 29, 2013

Greenville-based Jenks Inc. Realty announced plans to liquidate more than 900 commercial acres in Greenwood.

Jenks Inc. Realty President Jenks Patrick plans for developers to buy the land, either as a whole package or subdivided into parcels. He envisions large infill projects that could include medical, industrial, residential, commercial, multifamily or mixed-use developments.

In addition to the land, the Pine Properties Package also includes a fully leased retail center, two manufacturing facilities and established timberland site.

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More than 375 contiguous acres lie between Self Regional Healthcare, the Greenwood Genetics Center and Springfield Elementary School.

“I have not seen this much contiguous in-town land become available for development since Hollingsworth Funds was established,” Patrick said in a news release.

Additional parcels are located within the Greenwood Mall retail district and Ninety Six Industrial Park. The Greenwood Mall and its anchor store Belk have just undergone a multimillion-dollar renovation, which enticed T.J. Maxx, Shoe Department and Michaels to the development.

The available acreage is within or adjacent to Greenwood’s city limits. The package enables buyers to purchase urban acreage adjacent to established, economic anchors, Jenks said.

Jenks Inc. Realty is a commercial real estate company that specializes in the purchase and sale of raw land in South Carolina. The company, founded by Clyde D. Jenkins Jr., has been in business since the 1950s selling farmland.

David “Jenks” Patrick took over the business in 2004 and has since grown the company to include six brokers of recreational, hunting, development, residential and timber tracts.

Pine Properties Package

The Tract

Acreage

Location

Cost

Vanguard Tract

225+ acres, which can be subdivided

Highway 225 to Premier Drive, Greenwood

$10,000 per acre

Elementary Tract

25+ acres

Highway 225, Greenwood

$14,000 per acre

Florida Avenue Tract

80+ acres

Highway 225, Greenwood

$10,000 per acre

Chalmers Park Road

50+ acres

Chalmers Park Road, Greenwood

$5,000 per acre

Manufacturing Facility

Facility and 7+ acres

Joe Bernat Drive, Greenwood

$850,000

West Alexander Road

26+ acres

West Alexander Road, Greenwood

$10,000 per acre

Greenwood Lighted Corner Lot

2 acres

225 Bypass and West Alexander Road, Greenwood

$600,000

Spring Street

38+ acres

Spring Street, Greenwood

$10,000 per acre

Genesis Circle

8+ acres

Genesis Circle and Parkway Drive, Greenwood

$45,000

Edgefield Avenue

Six commercial/retail lots

Edgefield Avenue, Panola Avenue and Spring Street, Greenwood

Four, half-acre lots for $25,000 each, or 3.4+ acres lot for $25,000.

North Creek Shopping Center

15.39 acres, which can be subdivided.

210 and 212 N. Creek Blvd., Greenwood

$3.169 million

Ninety Six Timber Acreage

390+ acres

Highway 34, Ninety Six

$2,000 per acre

Sloan Plant

Manufacturing facility and 31+ acres

Peake Court, Ninety Six

$1.35 million

Ninety Six Commercial Acreage

60+ commercial acres, which can be subdivided.

Highway 34, Ninety Six

$10,000 per acre

SOURCE: Jenks Inc. Realty

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