Search
Rail-Served Distribution Center
For Sale
$11,000,000

49 Donkle Rd, Greenville, SC 29609

Industrial facility with rail access, loading infrastructure, and a secured paved outdoor storage area.

Property Size146,322 SF
Price / SF$75.18
Days on Market47

Property Features for 49 Donkle Rd

General Information

Standard status Active
Size 146,322 SF
Property subtype Industrial

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Dock-High Doors 22
Rail Access Yes

Building Details

Building Size 146,322 SF
Construction precast concrete
Listing Agency: Lee & Associates Greenville / Spartanburg
Listed By: Micah Williams · License #SC #125472
Source: Lee-associates
Added: Sep 2 Changed: Oct 16 Last Checked: Oct 16 at 7:57AM

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 Lee & Associates Greenville / Spartanburg

Rey
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 146,322 SF distribution center in Greenville, South Carolina includes rail service, 22 dock doors, and a fenced, paved laydown yard. Fourteen of the dock positions have pit levelers, supporting varied loading requirements. The building is constructed with precast concrete and is located at 49 Donkle Rd.

Key Highlights

  • ±146,322 SF industrial building
  • Rail‑served facility at 49 Donkle Rd
  • 22 dock doors, including 14 with pit levelers

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$684,697
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,693,940 $13.7M
Cap Rate 7%
$9,781,386 $9.8M
Cap Rate 9%
$7,607,744 $7.6M
Market Conditions
NOI Build-Up for 146,322 SF
Gross rent
$879.4K $6.01/SF
− Vacancy
−$73.9K −$0.50/SF
EGI
$805.5K $5.51/SF
− OpEx
−$120.8K −$0.83/SF
NOI
$684.7K $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%
$13,693,940
Cap Rate 7%
$9,781,386
Cap Rate 9%
$7,607,744

Alternative Uses

Best Use
Warehouse
$9.78M
$8.56M – $11.41M (±1% cap)
NOI $684,697 @ 7.0% cap · market cap 6.22%
Second Best
Industrial
$8.06M
$7.05M – $9.40M (±1% cap)
NOI $563,868 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$62.52M
$54.70M – $72.94M (±1% cap)
NOI $4,376,240 @ 7.0% cap · market cap 39.78%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Lear Corporation Warehouse Corporate Office

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Parking Lot & Garage Electrical Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22
Dock-high doors
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

469
Businesses Nearby

Demographics for 29609, SC

31,547
Population
14,840
Households
2.1
Avg Household Size
38
Median Age
47%
College-Educated
89%
High-School Grad
24.3 sq mi
ZIP Area
1,298
Density / Sq Mi
$64,837
Median Household Income
$42,293
Median Earnings
$1,078
Median Rent
$303,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Greenville, SC

5.2% 2019
7.5% 2020
3.1% 2021
2.2% 2022
8.6% 2023
11.7% 2024
9.2% 2025

Frequently Asked Questions

What type of property is this?
Distribution center - Industrial facility with rail access, loading infrastructure, and a secured paved outdoor storage area.
Where is this distribution center located?
The property is located at 49 Donkle Rd Greenville, SC.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: ±146,322 SF industrial building; Rail‑served facility at 49 Donkle Rd; 22 dock doors, including 14 with pit levelers
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
Why this one?
Saved
Reason not saved — we won't ask again