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

    1759 Union Street Spartanburg, SC

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

    Warehouse space for lease with roll-up doors and dock access.

    Type:INDUSTRIAL
    Property size:
    6,600 SF
    Lot size:
    9.06 Acres
    Added:
    Mar 13, 2025
    Days on Market:
    413
    Last Refresh:
    Apr 5 at 9:55 pm

    Property Features for 1759 Union Street

    General Information

    Standard status
    Active
    Size
    6,600 SF
    Lot size
    9.06 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 1759 Union Street Contact us

    We can help!

    Listing Contact
    Ben R. Hines
    Ben R. Hines

    Listing agent Ben R. Hines License #13179

    Listing office Spencer/Hines Properties

    Listing date Mar 13, 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 Spencer/Hines Properties

    Overview

    Union Street Warehouse Space Available

    Warehouse space is available for lease on Union Street. Building #10 offers approximately 6,600 square feet, as does Building #12. The property is located at the intersection of Union Street and Southport Road. Each unit features 2 roll-up doors. Office space is available if needed. Dock access is available. The property is part of Spartanburg County Tax Map # 7-17-15-013.00.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Clement Storage Storage Facility Keith Cisney Upholstery Furniture & Home Goods U-Haul Neighborhood Dealer Car Rental Facility

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    • Storage Rentals of America — 151 Cedar Springs Rd, Spartanburg, SC 29302
    • Clement Storage — 1759 Union St, Spartanburg, SC 29302
    • South Pine St Storage — 2379 S Pine St, Spartanburg, SC 29302
    • Small Storage — 2350 S Pine St, Spartanburg, SC 29302
    • Prime Storage — 240 Cedar Springs Rd a, Spartanburg, SC 29302

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.8823
    Latitude
    34.9229

    Nearby Similar for Lease

    • $20 SF/Yr

      Premier Medical Office Space Available

      Class A medical office space in Spartanburg's prime location.
      1650 Skylyn Drive, Spartanburg, South Carolina 29307
      View Details
    • $29 SF/Yr

      Restaurant Space in Drayton Mills

      Second-generation restaurant space in a historic mixed-use development.
      1802 Drayton Road Suite I, Spartanburg, SC 29307
      View Details
    • $11 SF/Yr

      Spartanburg Automotive Shop For Lease

      2,000 SF automotive shop or light industrial space available.
      51A Dexter Rd , Spartanburg , SC 29303
      View Details
    • $28 SF/Yr

      Historic Mill Office Space Available

      Creative office space in a vibrant mixed-use community.
      1802 Drayton Road, Suite 140B , Spartanburg, SC 29307
      View Details
    • $15 SF/Yr

      Spartanburg Storefront Retail/Office Space

      Renovated 2,046 SF retail/office space in downtown Spartanburg.
      512 E Main St, Spartanburg, SC 29302
      View Details
    • $12 SF/Yr

      New Industrial Facility For Rent

      New industrial facility in Spartanburg's logistics hub, ideal for warehousing.
      470 Old Greenville Rd, Spartanburg, SC 29301
      View Details
    • $700/Mo

      Premier Office Suite For Rent

      Executive office suite in a premier location with ample natural light.
      1451 E Main St, Spartanburg, SC
      View Details
    • Contact for pricing

      6,000 SF Flex Building I-85

      Flex building with lay-down yard fronting I-85.
      50 Fairview Church Rd, Spartanburg, SC 29303
      View Details
    • Contact for pricing

      Spartanburg Retail Suites For Lease

      Retail suites available in a high-traffic Spartanburg shopping center.
      2199 Southport Road, Spartanburg, SC 29302
      View Details
    • $9 SF/Yr

      Spartanburg Warehouse Space Available

      Warehouse space for lease with easy access to major routes.
      480 Old Greenville Rd, Spartanburg, SC 29301
      View Details
    • $22 SF/Yr

      Prime Retail Space on Main

      High-traffic retail suites in downtown Spartanburg with ample parking.
      435 E Main St, Spartanburg, SC
      View Details
    • $22 SF/Yr

      Retail Space with Highway Access

      4,500 SF retail space with flexible terms and visibility.
      2799 Reidville Rd, Spartanburg, SC
      View Details

    FAQs

    What type of property is this?
    Warehouse - Warehouse space for lease with roll-up doors and dock access.
    Where is this warehouse located?
    The property is located at 1759 Union Street Spartanburg, SC.
    What is the lease rate?
    The lease rate is $2,350 /Mo.
    What are key features of this property?
    This property features: +/- 6,600 SF warehouse space available for lease in each of two buildings.; Benefit from dock access for efficient loading and unloading.; Located at the intersection of Union Street and Southport Road.
    (864) 542-4777 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ben R. Hines
    Ben R. Hines
    Real Estate License ID: 13179
    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!