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

    1120 Woods Chapel Rd Greer, SC

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    184,140 SF warehouse/industrial property in Greer, South Carolina.

    Type:INDUSTRIAL
    Property size:
    184,140 SF
    Lot size:
    11.03 Acres
    Added:
    Apr 3, 2025
    Days on Market:
    391
    Last Refresh:
    Apr 5 at 9:52 pm

    Property Features for 1120 Woods Chapel Rd

    General Information

    Standard status
    Active
    Size
    184,140 SF
    Lot size
    11.03 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Brian Young

    Listing agent Brian Young

    Listing office Cushman & Wakefield | Greenville

    Listing date Apr 3, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Greenville

    Overview

    Greer Warehouse/Industrial Property

    This property is a warehouse/industrial building located in Greer, South Carolina. The property offers 184,140 square feet of space. It is suitable for warehouse and industrial use.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Pharmacy Hotel & Motel Auto Repair Shop Department Store Food Market Auto Parts Store Kitchen & Bath Showroom

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

    Similar Places Nearby

    • U-Pack — 185 Plemmons Rd, Duncan, SC 29334

    Location Insight

    • Map
    • Local Demand
    City
    Greer
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.1655
    Latitude
    34.9051

    Nearby Similar for Sale

    • $1,600,000

      High-Traffic Retail/Flex Greer, SC

      Adaptable commercial building with income potential in high-traffic location.
      14629 E Wade Hampton Boulevard, Greer, SC 29651
      View Details
    • $349,900

      Renovated Triplex in Growing Greer

      Cash-flowing triplex near downtown Greer with renovated units.
      204, 206, 208 Sunnyside Drive, Greer, SC 29651
      View Details
    • $585

      Office Space with Included Utilities

      Office space for sale with utilities and shared amenities.
      552 Memorial Drive Extension, Greer, SC 29651
      View Details
    • $33
      12,400 SF

      Retail Development on Brushy Creek

      New retail development in a residential area of Greenville, SC.
      3130 Brushy Creek Road, Greer, SC 29650
      View Details
    • $450,000
      3,360 SF

      Office Suites in Greer, SC

      Office suites for sale in Greer, South Carolina.
      1305 W Poinsett St, Greer, SC
      View Details
    • Contact for pricing
      263,500 SF

      Class A Distribution Facility

      263,500 SF Class A distribution facility in Greer, SC.
      1080 Freeman Farm Road, Greer, SC 29651
      View Details
    • $475,000
      1,442 SF

      Remodeled Office Space Near Downtown

      Charming, remodeled office space suitable for medical or professional services.
      106 Memorial Dr, Greer, SC 29650
      View Details
    • $525,000
      2,006 SF

      Greer Office Space For Sale

      Office space with existing offices, conference room, and private restrooms.
      107 Regency Commons Dr, Greer, SC
      View Details
    • $1,500,000
      12,000 SF

      Highway 101 Office Building

      Office building with easy access and ample parking.
      1431 Highway 101 S, Greer, SC
      View Details
    • $850,000
      5,000 SF

      Greer Office Building For Sale

      Office building in Greer, South Carolina, with recent upgrades.
      420 The Pkwy, Greer, SC
      View Details
    • Contact for pricing
      10,000 SF

      Greer SC Industrial/Flex Space

      10,000 SF industrial/flex space near GSP Airport.
      175 Brookshire Rd, Greer, SC 29651
      View Details
    • $1,700,000
      9,700 SF

      Office/Warehouse Space with Basement

      9,700 SF office/warehouse with basement and recent improvements.
      2607 S Hwy 14, Greer, SC
      View Details

    FAQs

    What type of property is this?
    Warehouse - 184,140 SF warehouse/industrial property in Greer, South Carolina.
    Where is this warehouse located?
    The property is located at 1120 Woods Chapel Rd Greer, SC.
    What are key features of this property?
    This property features: 184,140 SF warehouse/industrial property; Located in Greer, South Carolina; Warehouse property
    (864) 370-8087 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Brian Young
    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!