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    1298 New Cut Rd Spartanburg, SC 29303

    For Lease
    $5 SF/Yr

    Warehouse and distribution property near major interstates and amenities.

    Property size:
    201,718 SF
    Lot size:
    24.16 Acres

    Property Features for 1298 New Cut Rd

    General Information

    Size
    201,718 SF
    Lot size
    24.16 Acres

    Source: Colliers | Spartanburg Agent Dillon Swayngim, SIOR

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

    Overview

    Spartanburg Warehouse and Distribution Space

    This warehouse and distribution property, with a size of 201718 square feet, is located near downtown Spartanburg and offers convenient access to amenities, restaurants, and hotels. Situated at the heart of three major interstates, it provides quick access to major population centers such as Atlanta and Charlotte. The property is also in close proximity to the Inland Port in Greer, GSP International Airport, and BMW Headquarters. Upgrades are currently underway. There is potential to subdivide the space if needed.
    Location Intelligence

    Current Use by Public Records

    Schaeffler Group USA ... Manufacturer

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Hotel & Motel

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

    Similar Places Nearby

    Storage 4U Wingo, SafeGuarded Storage

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.998715
    Latitude
    34.981182

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    FAQs

    What type of property is this?
    Warehouse - Warehouse and distribution property near major interstates and amenities.
    Where is this warehouse located?
    The property is located at 1298 New Cut Rd Spartanburg, SC.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: - Located at the heart of three major interstates for quick access to major population centers like Atlanta and Charlotte; - Close proximity to Inland Port in Greer, GSP International Airport and BMW Headquarters; - Near downtown Spartanburg
    (864) 492-5956
    Request Owner's contact information
    1298 New Cut Rd Spartanburg, SC 29303
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    Spartanburg, SC 29303
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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
    1298 New Cut Rd Spartanburg, SC 29303
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