Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    133 139 142 143 & 145 Caggiano Dr Gaffney, SC 29341

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,000,000

    Industrial/Flex Building Portfolio in Gaffney, SC

    Property size:
    41,490 SF
    Lot size:
    9.12 Acres
    Added:
    Jan 21, 2025
    Days on Market:
    447
    Last Refresh:
    Mar 16 at 9:06 am

    Property Features for 133 139 142 143 & 145 Caggiano Dr

    General Information

    Standard status
    Active
    Property type
    Other industrial properties, Flex space, Warehouses, Industrial properties
    Size
    41,490 SF
    Elevators
    N/A
    Lot size
    9.12 Acres

    Building Details

    Buildings
    5
    Stories
    1

    We can help!

    Listing Contact
    Ellice Niedrach

    Listing agent Ellice

    Listing office

    Listing date Jan 21, 2025

    Overview

    Gaffney Industrial Portfolio For Sale

    This industrial portfolio comprises five industrial/flex buildings totaling 41,490 square feet, situated on a 9.12-acre site that includes a 2.07-acre laydown yard. The property is located in Gaffney, South Carolina, with convenient access to major transportation arteries, including proximity to I-85. The location is approximately 30 minutes from Spartanburg, SC, 40 minutes from Greenville-Spartanburg International Airport, 49 miles from Greenville, SC, and 55 miles from Charlotte, NC. The buildings are suitable for a variety of tenants or uses. The property presents an opportunity for investors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    American Transmed Inc Ambulance Service

    Suggested Use

    Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Nail Salon Auto Parts Store Gym & Fitness Center Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gaffney
    County
    Cherokee
    State
    South Carolina
    Longitude
    -81.678843
    Latitude
    35.060736

    Nearby Similar for Sale

    • $347,000

      Commercial Building in Gaffney, SC

      Rezoned commercial property suitable for various business ventures.
      111 W Rutledge Avenue, Gaffney, SC 29340
      View Details
    • $199,900
      8,400 SF

      Downtown Historical District Commercial Property

      Two-story brick building with retail and residential potential.
      314,316 N Limestone Street, Gaffney, SC 29340
      View Details
    • $575,000

      Gaffney Commercial Site For Sale

      Prime commercial opportunity with major road frontage in Gaffney, SC.
      1207 S Granard Street, Gaffney, SC 29341
      View Details
    • $780,000
      11,600 SF

      Cannon Secure Storage For Sale

      Self-storage facility with 75 units near Interstate 85.
      939 N Logan St, Gaffney, SC 29341
      View Details
    • $780,000
      11,600 SF

      Gaffney Storage Facility For Sale

      11,600 SF storage facility with 75 units near I-85.
      939 N Logan St, Gaffney, SC 29341
      View Details
    • $1,900,000
      29,400 SF

      Gaffney Industrial Facility For Sale

      29,400 SF industrial facility with warehouse and office space.
      349 Huntington Rd, Gaffney, SC 29341
      View Details
    • Contact for pricing
      1,545 SF

      Gaffney Office Center For Sale

      Brick office center with leasing opportunities in Gaffney, South Carolina.
      206 Chesnee Highway, Gaffney, SC 29341
      View Details
    • $975,000
      13,250 SF

      Gaffney Industrial Property for Sale

      Industrial property featuring 13,250 square feet of space in Gaffney.
      298 Willis St, Gaffney, SC
      View Details
    • $449,000
      2,522 SF

      Renovated Restaurant Space For Sale

      Newly renovated restaurant with two hood systems and ample parking.
      1725 N Limestone St, Gaffney, SC
      View Details
    • $1,080,000
      12,000 SF

      Gaffney Warehouse Property For Sale

      12,000 square foot industrial warehouse property in Gaffney, SC.
      255 Henderson St, Gaffney, SC
      View Details
    • Contact for pricing
      82,976 SF

      Versatile Industrial Facility with Event Space

      82,976 SF industrial facility with adaptable event space.
      811 Hamrick St, Gaffney, SC
      View Details
    • $3,499,000
      16,457 SF

      Gaffney Warehouse For Sale

      16,457 square foot warehouse in Gaffney, South Carolina.
      630 Hampshire Dr, Gaffney, SC
      View Details

    FAQs

    What type of property is this?
    Industrial property - Industrial/Flex Building Portfolio in Gaffney, SC
    Where is this industrial property located?
    The property is located at 133 139 142 143 & 145 Caggiano Dr Gaffney, SC.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: Five (5) buildings; ±2.07 Acre Laydown Yard; ±30 minutes from Spartanburg, SC
    (864) 680-7916
    We can help!
    Listing Contact
    Ellice Niedrach
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!