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    Roebuck Warehouse/Office Space For Lease Title is generated by Realmo AI

    1685 Price House Road Roebuck, Roebuck, SC 29376

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    For Lease
    $5 SF/Yr $42,510/Mo (calc)

    Warehouse/office space for lease in Roebuck, SC, near I-26.

    Type:Industrial
    Property size:
    102,025 SF
    Added:
    Sep 25, 2025
    Days on Market:
    242
    Last Refresh:
    Apr 5 at 9:28 pm

    Property Features for 1685 Price House Road Roebuck

    General Information

    Standard status
    Active
    Size
    102,025 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    2017

    Spaces For Lease

    at 1685 Price House Road Roebuck Contact us

    We can help!

    Listing Contact
    Elledge Willis
    Elledge Willis

    Listing agent Elledge Willis License #SC #128034

    Listing office

    Listing date Sep 25, 2025

    Source Lee-associates

    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 Elledge Willis

    HighLights

    • Excellent Location: Situated approximately 0.5 miles from I‑26, providing convenient access.
    • High Clear Height: Features a 28' clear height, suitable for various warehousing and storage needs.
    • Flexible Space: Offers a range of warehouse/office space from 4,000 to 40,000 SF, accommodating diverse business sizes.
    • Loading Docks: Includes two loading docks with additional common docks available.
    • Brand‑New Office Space: Boasts a new, two‑story 4,000 SF office space, providing modern administrative areas.
    • ESFR Sprinkler System: Equipped with an ESFR sprinkler system, ensuring enhanced fire safety.

    Overview

    Available for lease is warehouse and office space, ranging from approximately 4,000 to 40,000 square feet, situated at 1685 Price House Road in Roebuck, South Carolina. The property is located in Spartanburg County, approximately 0.5 miles from I-26. The warehouse features one drive-in door (10' x 12'), two loading docks, with additional common docks available, and an ESFR sprinkler system. It offers a clear height of 28 feet. A brand-new, two-story office space of 4,000 square feet is included. A laydown yard is available for additional rent.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel Electrical Service Grocery & Convenience Store Pet Store Arcade & Gaming Center (Bike/Boat/Book/etc) Store Buffet Parking Lot & Garage

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

    Location Insight

    • Map
    • Local Demand
    City
    Roebuck
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.960019
    Latitude
    34.749005

    Nearby Similar for Lease

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      Roebuck Warehouse with Loading Dock

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      4200 South Church St Ext, Roebuck, SC
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    • $7 SF/Yr
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      Roebuck Industrial Space For Lease

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    FAQs

    What type of property is this?
    Warehouse - Warehouse/office space for lease in Roebuck, SC, near I-26.
    Where is this warehouse located?
    The property is located at 1685 Price House Road Roebuck Roebuck, SC.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: Excellent Location: Situated approximately 0.5 miles from I‑26, providing convenient access.; High Clear Height: Features a **28' clear height**, suitable for various warehousing and storage needs.; Flexible Space: Offers a range of warehouse/office space from 4,000 to 40,000 SF, accommodating diverse business sizes.
    (864) 704-1040
    We can help!
    Listing Contact
    Elledge Willis
    Elledge Willis
    Real Estate License ID: SC #128034
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    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
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    1685 Price House Road | Roebuck, SC 29376, SC 29376
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