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

    1700 Old Grove Rd Piedmont, SC 29673

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

    Class A industrial space for lease in Piedmont, South Carolina.

    Type:Industrial
    Property size:
    158,129 SF
    Added:
    Oct 15, 2019
    Days on Market:
    2371
    Last Refresh:
    Mar 17 at 1:16 pm

    Property Features for 1700 Old Grove Rd

    General Information

    Standard status
    Active
    Size
    158,129 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    2020

    Spaces For Lease

    at 1700 Old Grove Rd Contact us

    Suite B $6 /Mo

    Size
    Type
    Industrial
    ±50,000 SF to ±158,129 SF Class A industrial space for lease | Located in the Augusta...
    show more
    Contact us

    We can help!

    Listing Contact
    Grice Hunt

    Listing agent Grice Hunt License #SC

    Listing office NAI Earle Furman

    Listing date Oct 15, 2019

    Source Crexi

    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 NAI Earle Furman

    Overview

    Industrial Space in Augusta Grove

    Available for lease is Class A industrial space ranging from approximately 50,000 to 158,129 square feet. The property is situated within the Augusta Grove Business Park, a prominent industrial and business park located in Upstate South Carolina. Its location in southern Greenville County positions it within the 'Hub of Industry' along the I-85 corridor, approximately midway between Atlanta and Charlotte. The property offers convenient access to transportation routes, lying less than 4 miles from I-85 and providing direct access to I-185 (Southern Connector).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Electro lux warehouse Warehouse & Storage Orbis corporation Metal Fabrication Plant

    Suggested Use

    Auto Repair Shop Big Box & Wholesale Store Food Market Accounting Firm Car Rental Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Piedmont
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.407261
    Latitude
    34.732317

    Nearby Similar for Lease

    • Contact for pricing

      Piedmont Commercial Office Space Available

      1,200 SF office space in high-traffic Piedmont location.
      2514 River Road unit: 106, Piedmont, SC 29673
      View Details
    • Contact for pricing

      Adaptable Commercial Space Available

      Versatile commercial space suitable for various business types.
      441 Hwy 183, Piedmont, SC 29673
      View Details
    • $12/mo

      Retail Space on Augusta Road

      Retail space for lease in Piedmont, SC with ample parking.
      7736 - 7740 Augusta Road | Piedmont, SC 29673, SC 29673
      View Details
    • Contact for pricing

      Office/Warehouse Space with Laydown Area

      9,882 SF office/warehouse space available for sublease.
      265 Pine Dr, Piedmont, SC
      View Details
    • Contact for pricing

      Piedmont SC Land For Lease

      1.34 acre lot for lease, 20 minutes from Greenville.
      11044 Anderson Rd, Piedmont, SC 29673
      View Details
    • Contact for pricing

      Augusta Grove Logistics Park

      Premier Class A industrial park in Greenville County.
      Bracken Road, Piedmont, SC, 29673
      View Details
    • Contact for pricing

      Industrial Space in Upstate Trade

      Newly constructed industrial space available for lease in Greenville, SC.
      1172 Bracken Rd, Piedmont, SC
      View Details
    • $16/mo

      Piedmont Office/Medical Suite For Rent

      Office/medical suite for lease near Highway 85 and SC-153.
      103-107 Clair Dr, Piedmont, SC
      View Details
    • Contact for pricing

      Piedmont Office Unit For Rent

      Office unit for rent with highway and interstate access.
      104 Commons Blvd Unit A, Piedmont, SC 29673
      View Details
    • Contact for pricing

      Piedmont Warehouse Space Available

      158,760 sqft warehouse/distribution space for lease in Piedmont, SC.
      1810 Easley Highway, Piedmont, SC, 29673
      View Details
    • Contact for pricing

      Piedmont Warehouse Space Available

      399,000 sqft warehouse space for rent in Piedmont, SC.
      Highway 8, Piedmont, SC, 29673
      View Details
    • Contact for pricing

      Piedmont Warehouse Space Available

      100000 square foot warehouse space for rent.
      1104 Piedmont Hwy, Piedmont, SC
      View Details

    FAQs

    What type of property is this?
    Specialty property - Class A industrial space for lease in Piedmont, South Carolina.
    Where is this specialty property located?
    The property is located at 1700 Old Grove Rd Piedmont, SC.
    What are key features of this property?
    This property features: Class A industrial space ranging from ±150,000 SF to ±158,129 SF.; Premier location in Augusta Grove Business Park, Upstate South Carolina.; Strategic location along the I‑85 corridor, halfway between Atlanta and Charlotte.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Grice Hunt
    Real Estate License ID: SC
    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!