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    625 Nance St Newberry, SC 29108

    Sponsored
    For Sale
    $425,000

    Prime Newberry location, large warehouse, high potential.

    Property size:
    4,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 3.49-acre commercial property at 625 Nance Street in Newberry, South Carolina, presents a unique investment opportunity. The property boasts a substantial 4,000 square feet of air-conditioned warehouse space, complete with HVAC, constructed in 1992. In addition to this modern space, there's an impressive 8,000 square feet of warehouse area built in 1978, offering ample storage or production capabilities. A portion of the existing structures date back to around 1900, adding historical character and potential for adaptive reuse. The property's previous use as a thriving agricultural business speaks to its inherent productivity and suitability for a variety of commercial ventures. Located less than a mile from the historic Newberry Opera House and the vibrant downtown area, this property benefits from high visibility and convenient access to local amenities and services. The 4,000 square feet of climate-controlled space provides a comfortable and efficient work environment. The property is being sold "as is," offering flexibility for buyers to customize and develop the space to meet their specific needs. This is a rare opportunity to acquire a significant commercial property in a desirable location with substantial existing infrastructure. The expansive acreage provides ample room for expansion or outdoor operations.

    Property Features for 625 Nance St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,000 SF
    Lot Size
    152,024 SF

    Building Details

    Year Built
    1992
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Newberry
    County
    Newberry
    State
    South Carolina
    Longitude
    -81.61801
    Latitude
    34.26918

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      Downtown Newberry Commercial Corner Lot

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      Historic Newberry Estate: 12 Properties

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Newberry location, large warehouse, high potential.
    Where is this commercial real estate located?
    The property is located at 625 Nance St Newberry, SC.
    What is the asking price?
    The asking price for this property is $425,000.
    (803) 345-6713
    Request Owner's contact information
    625 Nance St Newberry, SC 29108
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    Newberry, SC 29108
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    Realmo Value Estimation

    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.

    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.

    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
    625 Nance St Newberry, SC 29108
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