NAI Earle Furman Facilitates Acquisition of 2,614 Acres in Upstate South Carolina
Upstate South Carolina (June 2026) – Shareholder John D. Gray, Jr. of NAI Earle Furman represented Run Well Ranches, LLC, in the recent acquisition of 2,614 acres of legacy farmland in the Upstate of South Carolina.
His client of more than 20 years sold a cattle ranch in Texas, and John assisted with facilitating a 1031 tax-deferred exchange into the burgeoning Upstate market. The acquisition consisted of two transactions located in Anderson County, Greenville/Laurens Counties and included 23 assembled separate parcels. The combined purchase price totaled approximately $50,225,000.
On the Anderson transaction, John collaborated with two NAI Earle Furman brokers, Shareholder Bill Sims and Associate Will Freeman, to source the product for purchase.
Both tracts are being held for investment; however, the long-term strategy is to eventually develop portions of the properties for residential and commercial mixed-use projects. The most notable acquisition was a 1,355-acre operating Wagyu cattle ranch that straddles the Greenville County/Laurens County line near Honea Path. The property includes several residences and agricultural improvements and will continue operating as a working cattle farm while ownership evaluates future opportunities.
Land throughout the Upstate continues to experience significant appreciation as population growth, infrastructure investment, and economic expansion drive demand for strategic real estate holdings. Large tracts of farmland and recreational land have increasingly become attractive investment vehicles for individuals and institutions seeking both long-term value preservation and future development potential.
For information on similar land or investment opportunities, contact John D. Gray, Jr. at jgray@naiearlefurman.com or 864.414.1440. With more than 35 years of experience as an investment and land broker in the Upstate, he has helped clients successfully navigate the acquisition, disposition, and strategic investment of income producing properties, farmland, timberland, recreational properties, and development tracts across South Carolina.