Banks Continue to Expand in Greenville – Pinnacle Bank Buys 1.5 Acre Lot for $1 Million on East Butler Road
I’ve been telling people for a while, if you want to make a bet on if Greenville is going to be one of the best places to live and invest in America, just check out how many banks are either getting a footprint here or are expanding.
My work entails paying attention to the properties that are selling because of the cost segregation work I do with building owners. I happened to see published in the Upstate Business Journal that Pinnacle Bank closed on an empty 1.45 acre lot located at 811 E. Butler Road, Greenville, SC. This looks to be about 1/3rd of a mile from the I-385 / Butler Road interchange. This area is continuing to develop. According to county tax records, the bank paid $1,050,000 on May 8, 2024. According to UBJ, Taylor Allen, Brantley Anderson and Bailey Tollison of Colliers represented the bank. Congrats to those brokers on the sale as well as to Pinnacle Bank on it’s land acquisition for a new branch presumably.
BTW, I am not familiar with Pinnacle Bank and in looking up some information, it’s kind of hard to tell exactly who they are. There have been and continue to be lots of banking mergers so I don’t know if they will actually go by the name, Pinnacle Bank, when this branch opens up – if that’s what they do with the land.
About The Author
John Murphy
Husband of 36 years to my college sweetheart, Janet Murphy (@janetmurphydesign on Instagram). Together we have 6 wonderful children from ages 18-34 and 6 grandchildren. My main work is helping commercial building owners and real estate investors save money on their income taxes by doing cost segregation. I work all over the U.S. but have a lot of clients here in SC and in the southeast in particular. The firm I represent is CSSI, LLC. I love the work! I’ve also been a licensed REALTOR since 2003 and broker since 2007 but my work is limited to just a few clients each year. We relocated to Greenville, SC for the lifestyle, lower cost of living, amazing amenities in the area and the growth opportunity for business and real estate. We absolutely love it here!
All opinions are expressly my own and do not represent either CSSI, LLC or eXp Realty LLC or any other company, organization or group that I might be affiliated with.