Industrial Property with Multiple
3109 Hwy 153, Piedmont, SC
For Sale
Contact for pricing
9,385 SF industrial property on approximately 2.9 acres.
Property Size9,385 SF
Lot Size2.90 Acres
Price / SF$138.41
Days on Market582
Property Features for 3109 Hwy 153
General Information
Standard status
Size
Lot size
Property subtype
Listing Agency:
Wilson Kibler | Greenville
(864) 679-8600
Listed By:
Givens B. Stewart · License SC #27731
(864) 350-3345
Source:
Moodyscre
Added: Apr 10, 2025
Changed: Nov 3
Last Checked: Nov 10 at 11:10AM
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 Wilson Kibler | Greenville
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial property features a total of approximately 9,385 square feet of space, distributed across three buildings. The main building offers 7,000 square feet, accompanied by a 2,624-square-foot storage warehouse and a 760-square-foot storage shed. The property is situated on approximately 2.9 acres and has a clear height of 16 feet. The property is identified by TMS # 2370005005 and is located in Piedmont, SC.
Key Highlights
- ±9,385 Total SF across 3 buildings
- Situated on a ±2.9 AC lot
- 7,000 SF Main Building offers ample space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,916
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$878,320
$878.3K
Cap Rate 7%
$627,371
$627.4K
Cap Rate 9%
$487,956
$488.0K
Market Conditions
NOI Build-Up for 9,385 SF
Gross rent
$56.4K $6.01/SF
− Vacancy
−$4.7K −$0.50/SF
EGI
$51.7K $5.51/SF
− OpEx
−$7.7K −$0.83/SF
NOI
$43.9K $4.68/SF
Area
Greenville County, SC
Vacancy
8.40%
Lease Rate
$6.01 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$878,320
Cap Rate 7%
$627,371
Cap Rate 9%
$487,956
Alternative Uses
Best Use
Warehouse
$627.4K
$549.0K – $731.9K
NOI $43,916 @ 7.0% cap · market cap 3.38%
Second Best
Industrial
$516.7K
$452.1K – $602.8K
NOI $36,166 @ 7.0% cap · market cap 2.78%
Theoretical Best
Office A
$4.01M
$3.51M – $4.68M
NOI $280,689 @ 7.0% cap · market cap 21.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Greenville County, SC
Properties on Market for Warehouses in Greenville County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - 9,385 SF industrial property on approximately 2.9 acres.
Where is this warehouse located?
The property is located at 3109 Hwy 153 Piedmont, SC.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: ±9,385 Total SF across 3 buildings; Situated on a ±2.9 AC lot; 7,000 SF Main Building offers ample space
