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    101 Michelin Dr Laurens, SC 29360

    For Lease
    $4 SF/Yr

    Large Industrial Warehouse in Laurens, SC

    Lot size:
    1,170,972 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional industrial property, located at 101 Michelin Drive in Laurens County, South Carolina, presents a significant opportunity. The expansive warehouse and distribution facility totals 1,170,972 square feet, with 463,426 square feet currently available for lease. Built in 1991 and renovated in 2005, the property boasts a variety of ceiling heights ranging from 24'2" to 32'3", providing ample vertical space for diverse storage and operational needs. The facility features 118 dock-high doors and 2 drive-in doors, ensuring efficient loading and unloading. With 183 total parking spaces, ample room for trailer parking is also available. Situated on a substantial 118.14-acre lot, this location offers significant expansion potential. Its strategic location in Upstate South Carolina, adjacent to Interstate 385 and near Greenville, SC, provides excellent access to major transportation arteries. The property's rail service further enhances its logistical capabilities, making it an ideal choice for businesses requiring efficient distribution networks. This multi-tenant property offers a unique opportunity to secure a substantial warehouse space in a prime location. The property is zoned for industrial use within Laurens County, SC, zip code 29360.

    Property Features for 101 Michelin Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,170,972 SF
    Total Rate
    439114.5

    Building Details

    Year Built/Renovated
    1991/2005

    Unit(s) available at that property

    Space
    101 Michelin Drive
    Size
    463,426 SF
    Rate per SF
    $4

    HighLights

    • 1,170,972 SF industrial building with 463,426 SF available for lease.
    • 118.14‑acre lot with significant expansion potential.
    • Built in 1991, renovated in 2005 (Section 6 rebuilt).
    • Ceiling heights ranging from 24'2" to 32'3".
    • Column spacing ranging from approximately 44' x 72' to 62' x 72'.
    • Lighting includes T‑8 and LED fixtures with motion sensors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Michelin Tire Corporation ... Distribution Service Reliable Management Solutions Business Management Consultant Malouf Warehouse

    Suggested Use

    Restaurant Hotel & Motel HVAC Service Convenience Store Coworking Space Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Laurens
    County
    Laurens
    State
    South Carolina
    Longitude
    -82.0625052
    Latitude
    34.4940877

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    FAQs

    What type of property is this?
    Distribution property - Large Industrial Warehouse in Laurens, SC
    Where is this distribution property located?
    The property is located at 101 Michelin Dr Laurens, SC.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: 1,170,972 SF industrial building with 463,426 SF available for lease.; 118.14-acre lot with significant expansion potential.; Built in 1991, renovated in 2005 (Section 6 rebuilt).
    Request Owner's contact information
    101 Michelin Dr Laurens, SC 29360
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    Laurens, SC 29360
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    Realmo Value Estimation

    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.

    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.

    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
    101 Michelin Dr Laurens, SC 29360
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