Easley Warehouse For
118 Odom Rd Easley, SC
118 Odom Rd, Easley, SC, 00000
Contact for pricing
For Sale
Contact for pricing
60,000 SF warehouse in Easley, SC available for sale.
Property Size60,000 SF
Lot Size8.53 Acres
Price / SF$104.94
Days on Market496
Property Features for 118 Odom Rd
General Information
- Standard status
- Active
- Size
- 60,000 SF
- Lot size
- 8.53 Acres
- Property subtype
- INDUSTRIAL
Listing agency
Sperry Commercial - South Carolina
(864) 525-8562
Listed by
Mark Griffin · License #76772
(864) 525-8562
Source
Moodyscre
Added: Mar 13, 2025 Updated: Jul 6 at 10:22AM Checked: Jul 21 at 5:34AM
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 Sperry Commercial - South Carolina
Investment Insights
Based on property information with market context.
This 60,000 square foot warehouse is located in Easley, SC. The property is offered for sale with lease terms including a 7 to 10 year initial NNN lease term. The year 1 base rent is $425,000, reflecting a 6.75% capitalization rate, with 3% annual rent increases.
Key Highlights
- $425,000 Year 1 Base Rent
- Enjoy a solid 6.75% Cap Rate
- NNN Lease structure
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $271.8k | $4.53 |
| − Vacancy | −$6.0k | −$0.10 |
| EGI | $265.8k | $4.43 |
| − OpEx | −$39.9k | −$0.66 |
| NOI | $225.9k | $3.77 |
60,000 SF · lease $4.53/SF/yr · vacancy 2.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.23M
$2.82M – $3.77M
NOI $225,947 @ 7.0% cap · market cap 3.59%
Second Best
Industrial
$2.66M
$2.33M – $3.10M
NOI $186,074 @ 7.0% cap · market cap 2.96%
Theoretical Best
Mixed Use
$8.87M
$7.76M – $10.35M
NOI $621,000 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Global Sales Group ...
Distribution Center
Similar For Sale Nearby
Similar Off Market Nearby
- Jay's Mini Storage — 169 Turner Hill Rd, Easley, SC 29642
FAQs
What type of property is this?
Warehouse - 60,000 SF warehouse in Easley, SC available for sale.
Where is this warehouse located?
The property is located at 118 Odom Rd Easley, SC.
What is the asking price?
The asking price for this property is $6,296,296.
What are key features of this property?
This property features: $425,000 Year 1 Base Rent; Enjoy a solid 6.75% Cap Rate; NNN Lease structure
